New Case Study Podcast Features Success
Story With Roommate Style House Hacking
If you're ever having doubts
about the success potential of
the small investments you're
making today, you need to
listen to this story!
Real estate investment advisory company FI
by REI has launched a new episode of their
House Hacking Case Studies podcast. The
fifth featured case of the series focuses on a
former engineer and the massive success of
his investment portfolio, which now includes
3,500 rental units.
At the time renting a space in
the Seattle area, Lane
Kawaoka first thought of the
idea of house hacking after
speaking to a former landlord.
With the goal of overcoming
the need to pay monthly
rents, he decided to buy a
single-family home out of his
savings.
Sometime in 2010, Lane
invested in his first real
estate property and began
his house hacking endeavor.
He started really small by occupying
one of the rooms in the house and
renting out the rest of the space to
cover his housing costs. Lane
partnered with a property manager in
finding and handling the tenants.
One of the most inspiring
parts of the episode is how
Lane managed to grow his
real estate investment
portfolio to what it is today.
This is discussed in detail,
including the financing services
he used as he was expanding
his network, as well as the rental
income he is getting out of his
properties.
FI by REI was founded in
2018 with the mission of
enabling individuals to
achieve financial
independence through real
estate investing
Their projects include The House
Hacking Podcast, an online show
that promotes the practice of house
hacking and how it can help
homeowners improve their finances
simply by making smarter housing
choices.
Learn more at
FIbyREI.com.