Show notes
The highlights of Andrew Kerr’s discussion on House Hacking include:
- There was a time when Andrew realized he was making great money, but hating life. That’s around the time he discovered real estate, and started doing house hacking. At one point Andrew owned 40 rental units!
- Andrew uses real estate to build his long-term wealth and get to financial independence.
- Andrew walks through the 6 types of househacking he’s defined:
- Roommate
- Income Suite
- Accessory Dwelling Unit
- Small multi-family (duplex, triplex, quad)
- Live-in Flip
- Work Provided Housing
- The six different types of house hacking can fit into different times in your life when they may be appropriate, for example when you’re younger the roommate style may be a different fit vs. when you’re older and have a family the income suite, accessory dwelling, or other styles may be a better fit.
- Andrew has been able to live for free and/or pocket money every year through his approach to house hacking.
Mike and Maggie also share a detailed update on their 2020 goals for the year.
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Show References
Andrew Kerr’s website - https://fibyrei.com/
Househacking Podcast on Apple Podcasts
Andrew’s Ultimate Guide to Househacking
Follow Andrew Kerr on social media The Househacking Podcast on instagram and Facebook
Maggie’s weekly goal tracking spreadsheet (COMING SOON - check back soon for link)
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Follow friends on FIRE
Leave us a voicemail or text us: 404-981-3370
eMail us at: friendsonfiremm@gmail.com
Visit our website: www.friendsonfire.org
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Other Links
Maggie’s Blog: Mostly Minimal Life
Mike’s Book: