House Hacking & Real Estate Investing, with Andrew KerrCopy of TEMPLATE -- 216ed
Wednesday, October 07, 2020
House Hacking & Real Estate Investing, with Andrew Kerr
Welcome to the October series of the Worth Listening Podcast! This month we’re focusing on all things real estate.
Today’s guest is Andrew Kerr here to share his Money Memoir with us. Andrew is the founder of FI by REI (Financial Independence by Real Estate Investing). He is the director of a nonprofit and world traveler by day and a serial house hacker and real estate investor by night.
Andrew has an incredible story when it comes to real estate investing. He started his career in the real estate industry but gave up a six-figure income in order to pursue a life he enjoyed and work he cared about focused on working with nonprofits. He quickly learned that the financial gap between the two careers was a big one, but instead of switching jobs to chase the dollar, he continued doing what he loves working with nonprofits while gaining financial independence through real estate investing.
Today Andrew will share with us more about his REI journey.
In this episode, we discuss:
- How he managed to transition from a six-figure income to living on a $20k salary
- The difference that having financial conversations can make
- The difference between house hacking, active real estate investing, and passive investing
- What to look for when starting to invest in real estate passively
- Why House Hacking is a great way to get started in REI
- For those of you want to connect with Andrew, you can find him at www.FIbyREI.com.
If you want to further connect with Lauryn Williams at Worth Winning, follow us on social media:
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LinkedIn: @lauryn-williams
Hi, I'm Lauryn
Certified Financial Planner
Welcome to the Worth Listening podcast and blog where we focus on having positive and productive conversations about money.
Interested in being a guest on our show? Email us today at podcast@worth-listening.com. We'd love to hear from you!
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