Sunday Hustle: Tired of Renting? How to Save for Your First Property in ONE Year (or Less) - podcast episode cover

Sunday Hustle: Tired of Renting? How to Save for Your First Property in ONE Year (or Less)

May 25, 202536 min
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Episode description

Side hustles can pave the way to your first home without sacrificing your career stability, or even give you career stability! So, how can you strategically utilize multiple income streams to make this possible? Aaron Mann, host of the Sunday Hustle segment on the BiggerPockets Daily podcast and recent single-family home buyer, shares his journey and practical approach to leveraging side hustles for real estate investing via an interview on The Real Estate Rookie Podcast! In this show, you'll learn how Aaron Mann overcame obstacles like debt and rising living costs to purchase his first property by creating and executing a side hustle strategy called the MOAT method. With topics ranging from house hacking to maximizing income streams through the MOAT method, you'll discover creative ways to accelerate your real estate investing journey. Need inspiration on getting started? Aaron's firsthand experiences offer guidance for aspiring investors. Plus, we'll delve into some bonus tips, including Aaron's favorite side hustle strategies and how he plans to expand his real estate investments. Whether you're interested in voiceover work or flipping couches, these insider tactics could be the key to your next financial breakthrough. Topics Covered Utilizing side hustles to save for a down payment Aaron's journey from side hustles to purchasing his first property House hacking strategies for maximizing rental income The MOAT method: Maximize, Outline, Amplify, Tailor Negotiation tactics when buying a home The role of weekly finance meetings in budgeting and saving Side hustles in the voiceover and arts industry The importance of flexibility in your investment strategy timeline Learn more about your ad choices. Visit megaphone.fm/adchoices
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Sunday Hustle: Tired of Renting? How to Save for Your First Property in ONE Year (or Less) | BiggerPockets Daily podcast - Listen or read transcript on Metacast