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The Intrinsic Value Podcast - The Investor’s Podcast Network

REI062: Still House Hacking with $2.5M Portfolio w/ Jonathan Hayek

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Investing, Business

4.6592 Ratings

🗓️ 22 March 2021

⏱️ 47 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN: How to start investing while working a W2 job. How to manage time efficiently as a real estate investor and family man. Ways to find properties and fund deals. When to take the leap from W2 income and go into real estate full time. House hacking tips (i.e. allowing pets in the vicinity, etc.) and mistakes. Whether to flip, rent, or keep a house. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.   BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Robert Leonard's book The Everything Guide to House Hacking. Robert's guide: What is house hacking? Craig Curelop’s book The House Hacking Strategy. Ben Leybovich’s book House Hacking. Ryan Pineda’s book Flip Your Future. Brandon Turner’s book The Book on Rental Property Investing. Brandon Turner’s book How to Invest In Real Estate. All of Robert’s favorite books. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Robert: Twitter | LinkedIn Connect with Jonathan: Website | Instagram  Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

On today's show, I chat with Jonathan Hayek to learn how he was able to build a $2.5 million

0:08.5

portfolio by house hacking, renting houses, and by flipping. He started out with a W2 job

0:15.1

and decided to go full-time into real estate after he and his wife decided they wanted more

0:20.0

income and flexibility than

0:22.2

teaching could provide. He shares his secrets on finding great properties and ways to fund deals,

0:28.8

house hacking tips, and mistakes he's made along the way. I certainly learned from Jonathan

0:34.2

as he provided answers on whether to flip, rent, or keep a house. But more importantly,

0:39.5

I appreciated the insights he shared on how to effectively manage your time and balance business

0:44.3

and family life simultaneously. Now, without further delay, let's get right into this week's

0:50.7

episode with Jonathan Hayek.

1:00.0

You're listening to Real Estate Investing by the Investors Podcast Network,

1:05.3

where your host, Robert Leonard, interview successful investors from various real estate investing niches to help educate you on your real estate investing journey.

1:17.9

Thank you. help educate you on your real estate investing journey. Hey, everyone, welcome back to the Real Estate 101 podcast. As always, I'm your host, Robert

1:22.5

Leonard. And with me today, I welcome Jonathan Hayek to the show. Welcome for the show, Jonathan.

1:28.4

Thanks for having me. I'm a big fan of the show, and it's a pleasure to be here, and I'm really excited about

1:31.8

our conversation. Tell us a bit about yourself. Who are you, and how'd you get to where you

1:36.5

are today? Man, where to start? So I grew up in a working family. Both my parents were

1:43.7

W-2 workers, grew up in the Chicago area, my dad was a

1:47.2

teacher, my mom stayed at home part of the time, then she went back to work as the kids got older,

1:52.3

was not an entrepreneurial family. I was taught hard work, gets you ahead, you need to work

1:58.4

and work more, get a master's degree, and that's how you get ahead in life.

2:03.0

And so that's really the mindset that I had. I went to college. I became a teacher myself.

...

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