Welcome to Radical Personal Finance, a show dedicated to providing you with the knowledge, skills,

insight and encouragement you need to live a rich and meaningful life now while building a plan for

financial freedom in 10 years or less.

My name is Josh who I am your host and today we

continue on the theme of five radical housing ideas that I think are very

practical and the hope is that they will give you some creative stimulation

for you to look at your own situation and try to figure out something that would be right for you.

On the previous episode I talked about the idea of learning the skills necessary by working and

studying so that you can build your own house and do it without going into debt, without a mortgage, and do it into whatever level of

conventionality or unconventionality is right for you. Now today I want to talk to you about doing this as a wonderful source of income,

which if you have some starting capital you can navigate to be able to build and develop a really rewarding income stream for you and do it in a very efficient way.

Now if you have the skills of working on construction,

if you have the skills of working on housing,

you can take those skills and you can combine them

with the skill of finding a handyman special

house or of building such a house or building houses that you then sell, marketing those houses and selling them to somebody else.

And if you do this, it can be done in a very low-key but very efficient way and it can be a wonderfully

tax-efficient way for you to live.

Now to do this approach you would need a significant degree of flexibility and this would

need to work in your family but I've known people who've done

this and here's how you do it. If you have the capital you can borrow the money or if you have

the money and you can buy a house that is in bad shape but can be fixed up. You buy the house and you move into it.

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