Episode 160 – Revealing House Hacking Secrets With Stacey Stegenga

Stacey’s incredible journey began when she lost faith in a system that criminally underpaid nurses. Determined to reclaim her power and take control of her financial path, she taught herself how to find and land great real estate investments. In just 18 months, she achieved an impressive milestone of acquiring eight doors by purchasing four duplexes in Florida, all funded on her dime.

In this episode, we discuss the power of house hacking and Stacey’s experience rehabbing C-Class properties. She also talks about overcoming challenges every investor goes through analysis paralysis, the importance of “speed to lead”, handling contractors, and raising tenant rent. Stacey also discusses her expertise in the exciting field of commercial real estate.

As Stacey rapidly approaches her FI number, she shares how anyone can escape the 9-5 grind and set a realistic course for financial independence through real estate investing. This episode is a treasure trove of insights for aspiring and long-term investors, which you won’t want to miss!

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Watch the episode here

Listen to the podcast here

 

Podcast Highlights:

[6:05] Stacey’s Start With Financial Independence

[11:30] Saving Smart Through Renting

[16:00] Overcoming Paralysis Analysis

[22:10] Diving Into Stacey’s Bold First Deal

[26:30] What Is Estoppel in Real Estate?

[34:27] Unlocking Efficient Property Management With Hemlane

[37:34] On Renovating C-Class Properties

[42:55] Achieving Passive Income

[50:20] Getting Started With Commercial Real Estate

[54:20] How Stacey Is Getting to Her FI Number

[57:00] Best Piece of Advice for Investors

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Important Links

HOSTS   
Craig Curelop   
📸 Instagram: https://www.instagram.com/thefiguy   
📘 Book: https://store.biggerpockets.com/products/the-house-hacking-strategy   
🏘️ Buy Real Estate: https://bit.ly/3V3QDze   

Ali Garced
📸 Instagram: https://www.instagram.com/ali_the_agent/ 
📱Facebook: https://www.facebook.com/aligarced 
💼 LinkedIn: https://www.linkedin.com/in/alexandragarced/ 
🖥 Website: https://www.garcedrealty.com/ 

GUEST

Stacey Stegenga

📸 Instagram: https://www.instagram.com/investforfreedom_rn/
🎙️Podcast:https://www.biggerpockets.com/blog/rookie-169
🌳 Linktree: https://linktr.ee/investforfreedom

Check out their recommendations here:

🔗 Affiliate Link 

1. Don’t miss out on resources of great value for real estate starters. Visit FITeam’s website! — https://www.thefiteam.com/
2. Check out their recommendations here: 
3. 1. 1. Set for Life: Dominate Life, Money, and the American Dream by Scott Trench – https://a.co/d/dMnK4Ye
      2. 10x Is Easier Than 2x: How World-Class Entrepreneurs Achieve More by Doing Less by Dan Sullivan and Dr. Benjamin Hardy – https://a.co/d/4NM0HC7