Confronting Spencer Cornelia | How He Makes $200K A Year House Hacking
Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based
Wealthy Investor - Real Estate Investing, Real estate, Build Wealth, Faith Based
2.5 • 884 Ratings
🗓️ 8 February 2023
⏱️ 57 minutes
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| 0:00.0 | I have this chat with some of my big YouTube friends quite often and right now if you look at the |
| 0:04.2 | psychology of money shows where kind of the emotions are at during a market cycle. |
| 0:09.2 | Right now I believe we're tied to the anger phase which is a lot of people are struggling |
| 0:13.2 | public sentiment is really negative like if you look at the news the world's falling we've had |
| 0:17.5 | world war recently interest rates have risen people don't feel like the average person |
| 0:21.7 | feels like they cannot buy a house that is not a good place to be in an America |
| 0:29.0 | What's up guys today we got Spencer Cornelia on the podcast how are you doing today |
| 0:34.2 | great and I'm very thankful this is only about 15 minutes from my house it's very easy |
| 0:37.9 | to attend this event save a lot of time so Spencer Cornelia is a real estate investor and famous |
| 0:45.1 | youtuber so we're gonna go over the good stuff and apparently I'm about to |
| 0:49.2 | get confronted about house hacking so I am excited to defend my turf. |
| 0:52.6 | Yep, I want to confront you about house hacking. |
| 0:56.1 | But really quickly, I just wanted to go over your investment career, |
| 1:00.8 | like as far as real estate. 2016, I bought a condo in Las Vegas Country Club. |
| 1:05.0 | It's right by the Las Vegas Strip. |
| 1:06.0 | It was a two-bed, two-bath, and I got into the idea of house hacking. |
| 1:10.0 | At the gym, a friend told me, he's like, hey man, I bought this house in 2012. It's like four bed and I rent by the room I rent to my three friends and |
| 1:17.8 | They pay all my mortgage and I cash from I'm just like I was so blown away and then bigger pockets started making it a big deal and it was like |
| 1:24.2 | whoa I really liked this idea so yeah I bought a condo too bad too bath and I was about |
| 1:28.4 | 80 a month in expenses and 700 from rent so all of a sudden I'm living in a nice condo for $180 a month. |
| 1:34.2 | I was like man this strategy is great. So I was 2016 in 2018 I bought a fourplex here in |
| 1:40.6 | Vegas. It was a seller carry type financing deal. Fourplex. Yep fourplex here in Vegas. It was a seller carry type financing deal. |
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