Connor Anderson: Newly College Grad Talks About Non-conventional House Hack



W.L.E.R.E. #12 Connor Anderson: Newly College Grad Talks About Non-conventional House Hack!⠀

From college student to nontraditional house hack⠀
Using FHA loan to get started in real estate, a simple strategy but is often overlooked⠀
Learning how timing is key when making an offer on MLS in a hot market⠀
Discipline and frugality is the way to save money toward the first real estate purchase⠀
How to force appreciation in a few months to reduce the interest rate and gain a stronger equity position.⠀

Show Notes: ⠀
1:13 Who is Connor Anderson?⠀
08:44 From college student to nontraditional house hack⠀
09:44 Using an FHA loan to get started in real estate, a simple strategy but is often overlooked.⠀
13:07 How timing is key when making an offer on MLS in a hot market (tips provided)⠀
17:45 Discipline and frugality is the way to save money toward the first real estate purchase (tips provided)⠀
19:40 How Connor’s being disciplined with his finances. ( with advice to young listeners too)⠀
20:36 Inspiration/ influential books in his life and help him changed his mentality of a spender.⠀
22:20 What Connor’s scary part of jumping out to house hacking and what his game plan?⠀
23:51 How Connor finds his first tenants to second tenants. (strategy provided)⠀
33:05 Connor’s 1% rule strategy.⠀
35:37 How to force appreciation in a few months to reduce the interest rate and gain a stronger equity position.⠀
40:09 Greatest resources Connors had to help him besides the money.⠀
41:52 Connors’s greatest challenges in progressing and moving forward.⠀
46:36 Words of Inspiration⠀

Connect with Connor Anderson:⠀
Email: Connor@biggerpockets.com⠀
https://www.instagram.com/connortanderson⠀
https://www.linkedin.com/in/connortanderson/⠀
https://www.facebook.com/connor.anderson.9809⠀

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