AIE 168: When You House Hack an STR & It Has Mold But You Still Make Money

<p>Brandon is a fellow house hacker from the Tampa Bay area. As a reminder, house hacking is when you buy a property, live in part of it and rent the rest out. Lauren and Brandon discuss the pros of house hacking, like living for free! Brandon tells a cautionary tale about buying a place with a lot of DIY from the previous owner. This is an initial purchase horror story that STILL worked out – bad roof, mold, faulty wiring. He talks about choosing between long-term renting the other part of his duplex and short-term renting it. The two run through the purchase price, renovation costs, ARV, and rent/STR numbers. They cover FHA loans, conventional loans, and HELOCs. You&#39;ll learn a lot about real estate and house hacking in this episode and walk away wanting to do it for yourself!</p> <p><br></p> <p><strong>About Brandon:  </strong></p> <p>Brandon Keys is the Founder of Green Candle Investments Media Company, host of the Macro Insights and State of Bitcoin podcasts, and writer of weekly Green Candle Investments Newsletter. Brandon is putting out content for every investor trying to reach financial freedom through stocks, real estate, and Bitcoin by bringing quality guests and explanations for the common man. </p> <p><br></p> <p><strong>Connect with Brandon:</strong></p> <p>Twitter <a href="https://twitter.com/Greencandleit" target="_blank">https://twitter.com/Greencandleit</a></p> <p>YouTube <a href="https://www.youtube.com/channel/UCdvC14iR8V7MedS7ArKHNCA" target="_blank">https://www.youtube.com/channel/UCdvC14iR8V7MedS7ArKHNCA</a></p> <p>Macro Insights Podcast <a href="https://open.spotify.com/show/2eyoythgyWcL2RB7Vwognp?si=2e8f20279a814672" target="_blank">https://open.spotify.com/show/2eyoythgyWcL2RB7Vwognp?si=2e8f20279a814672</a></p> <p>State of Bitcoin Pod <a href="https://open.spotify.com/show/326v8V7L4q9WVgxR1MxZZ6?si=997ebfd31bd8444a" target="_blank">https://open.spotify.com/show/326v8V7L4q9WVgxR1MxZZ6?si=997ebfd31bd8444a</a></p> <p>Newsletter <a href="https://greencandleinvestments.substack.com/" targe