Feb. 8, 2023

111. Real Estate Investing Part 1: Ways to Invest in Real Estate

111. Real Estate Investing Part 1: Ways to Invest in Real Estate

Mike Cavaggioni is a licensed Realtor-Associate, Financial Coach, Real Estate Investor, and host of the Average Joe Finances Podcast, a top 1% internationally ranked podcast. On this episode of CFO at Home, Mike and Vince discuss different methods of...

Mike Cavaggioni is a licensed Realtor-Associate, Financial Coach, Real Estate Investor, and host of the Average Joe Finances Podcast, a top 1% internationally ranked podcast. On this episode of CFO at Home, Mike and Vince discuss different methods of investing in real estate; Real Estate Syndications, House Hacking, Investing in Rental Properties, and more.

Key Takeaways 

  • Real Estate Syndication investing
    • Allows small investors to invest in larger commercial real estate ventures
    • Has distinct tax advantages through claiming advanced depreciation
    • Doesn’t have the “hassle factor” of individual Real Estate investing 
    • Has unique risks
      • Syndication Team can have  a “Capital Call” where they will need additional investment from you for the deal
      • Typical minimum invest is the area of $50k  
  • Ways of Investing in Real Estate (see article linked in “Resources” below) 
    • Rent out a Room 
      • Services like Airbnb allows for more  
    • House Hacking
      • Buying a multi-unit property (Duplex, TriPlex, etc). Live in one unit, rent out the others. Use rent to pay the mortgage.
    • Investing in Rental Properties
      • BRR strategy (Buy, Rehab, Rent, Re-Finance, Repeat) 
    • Flipping 
      • Tough in certain markets (higher interest rates)
        • Potential buyers can be less willing to buy
        • Investors typically don’t want to hold flips too long due to higher interest rates on their loans

Resources

Ways to connect/follow

Contact the Host - vince@thecfoathome.com