80 min listen
Why "House-Hacking" Might Be the Easiest Way to Build Wealth Through Real Estate | Spencer Cornelia Pt. 1 E55
Why "House-Hacking" Might Be the Easiest Way to Build Wealth Through Real Estate | Spencer Cornelia Pt. 1 E55
ratings:
Length:
32 minutes
Released:
Jun 8, 2023
Format:
Podcast episode
Description
In today’s episode, Rich sits down for an interview with Spencer Cornelia – Real Estate Investor, “House Hack King”, and YouTuber from Las Vegas. Spencer got into real estate investing in 2015 when he moved to Vegas from Oakland and met a buddy who rented out rooms in his place in order to live for free while also generating some additional cash flow. He then discovered the concept of house hacking through the Bigger Pockets forums and bought his first condo. They dive into Spencer’s experience flipping houses and losing a bit of money with the wrong contractor, dipping into the midwest markets, lessons learned and what he would have done differently on those flips. They discuss advice for listener’s looking to do their first house hack, techniques for finding great tenants & setting boundaries, and the complexities of landlord-tenant laws. Spencer also shares the craziest roommate story he has (one of the many) which ended with cops and handcuffs. --Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call. Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.
Released:
Jun 8, 2023
Format:
Podcast episode
Titles in the series (100)
He Intercepted Tom Brady 3 Times During His 14-Year NFL Career and Now He's Investing in Businesses and Real Estate | Antoine Bethea (w/ Adam Vaughn) E14 by The Rich Somers Report