19 Units in 1 Year and "Airbnb House Hacking"

Airbnb house hacking? It’s not only possible, it’s profitable too! Today we talk to Greg and Rachel, a couple of rookies who have scaled to a sizable amount of units in a short amount of time!

They both went in on a rental property in Alabama, but after some initial stumbles with long-distance investing, they switched their strategy to house hacking in College Station, Texas. Now, only a year into their investing journey, they have 19-units under their name, one of which is a “luxury house hack”.

Greg and Rachel have had to be diligent while building and systematizing their real estate. Rachel has already become an expert property manager and has learned through her job how to prioritize, systematize, and organize their business to the best of their abilities. This is a great interview with two rookies who chose to pivot and keep building better with every new property they got under contract.

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Join the Real Estate Rookie Facebook Group:
  / realestaterookie  
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Get the Book on Long-Distance Real Estate Investing:
https://store.biggerpockets.com/produ...
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Get The Book on Managing Rental Properties
https://store.biggerpockets.com/produ...
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Episode 33 with Joe Roberts:
https://www.biggerpockets.com/blog/ro...
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Follow Rachel and Greg on Instagram:
@mrs.rachelschwartz or   / mrs.rachelschwartz  
@greg_flies or   / greg_flies  
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Follow Ashley and Tony on Instagram:
@wealthfromrentals or   / wealthfromrentals  
@tonyjrobinson or   / tonyjrobinson  

Episode 97

Show notes at: https://www.biggerpockets.com/rookie97

0:00 Intro
3:21 Welcome Greg and Rachel!
7:56 Getting Your Partner On Board
10:46 Long-Distance Mistakes
17:05 House Hacking During Lockdowns
20:05 Building a 19-Unit Portfolio
30:25 Financing the Properties
38:12 Property Management & Partnerships
48:51 Airbnb-ing and the "Luxury House Hack"
54:41 The Mindset Segment
58:10 Rookie Request Line
1:01:42 Random Questions
1:06:25 Rookie Rockstar