Rental Property Owner & Real Estate Investor Podcast
EP051 Are Financial Gurus always right? Disagreeing with Dave Ramsey's advice on House Hacking with Expert real estate Investors Justin Workman & Rob Minch
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:49:56
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Sinopsis
Listeners to this show know that I'm a big fan of house hacking as a great way to get into real estate investing. Many of our guests have begun their investment career by purchasing a multifamily property and living in one of the units while letting the rent income from the other unit(s) pay for their mortgage and expenses. In fact, I believe house hacking is one of the most sensible and lucrative ways to build a real estate portfolio, and have spoken with many guests who have proven this to be so. Apparently, Financial Advice Guru Dave Ramsey does not agree. In a recent advice column, Dave seems to advise one of his readers against purchasing a three unit and living in one side, while letting the income from the other two units pay for his mortgage and expenses. http://www.daveramsey.com/davesays/column/column/dave_Says_2016-11-07 Dave goes on to suggest the reader would be better off purchasing a nice, single-family home instead. Does Dave's advice really make sense? In order to answer this question, I'v