The Wallet Wise Guy

Episode 3: How to Invest in Real Estate in Your 20s With Logan Allec

October 28, 2019 Clint Proctor Season 1 Episode 3
The Wallet Wise Guy
Episode 3: How to Invest in Real Estate in Your 20s With Logan Allec
Chapters
The Wallet Wise Guy
Episode 3: How to Invest in Real Estate in Your 20s With Logan Allec
Oct 28, 2019 Season 1 Episode 3
Clint Proctor

Logan Allec, the founder of MoneyDoneRight, stops by to talk about buying his first investment property in his 20s. It was a quadplex and Logan lived in one of the units while renting out the other three. Because one of the four units was his primary residence, he was able to qualify for a 3.5% down FHA loan on the property. And since he was renting out the other three units, he essentially lived mortgage-free -- a strategy often called "Housing Hacking." From there, Logan moved into other real estate investment opportunities. Learn all his real estate investing tips and tricks in this week's episode!

Show Notes

Logan Allec, the founder of MoneyDoneRight, stops by to talk about buying his first investment property in his 20s. It was a quadplex and Logan lived in one of the units while renting out the other three. Because one of the four units was his primary residence, he was able to qualify for a 3.5% down FHA loan on the property. And since he was renting out the other three units, he essentially lived mortgage-free -- a strategy often called "Housing Hacking." From there, Logan moved into other real estate investment opportunities. Learn all his real estate investing tips and tricks in this week's episode!