“Luxury” House Hacking and How to Invest in Real Estate with $20K

Episode #816

Don’t know how to invest in real estate? If you’ve got $20K (or less) sitting around, there’s a good chance that you could start TODAY. With home prices still sky-high and most Americans under the impression that buying is out of the picture, David Greene comes in to save the day with the “sneaky rental tactic” that can help you start building a real estate portfolio for less than it costs to buy a car!

Welcome back to the long-awaited return of Seeing Greene. We’ve taken some of the BEST questions from BiggerPockets listeners just like you and rapid-fired them at David to get his take. In this show, a military couple is looking to start investing but doesn’t know where to begin. A wholesaler wants to buy rentals with a partner but doesn’t know how they should form an LLC. A high-earner debates whether a “luxury house hack” is worth the extra money. Finally, an active-duty family debates selling their homes, and a deputy sheriff wants to know where best to put her leftover cash from a home sale.

Want to ask David a question? If so, submit your question here (https://www.biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none) so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!

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Ask David Your Real Estate Investing Question:
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Meet David at BPCon 2023:
https://web.cvent.com/event/71fc762e-0fc1-4fd3-a893-49abee96ce1e/summary
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Books Mentioned in Today’s Show:
“Pillars of Wealth”: https://get.biggerpockets.com/5fbfac0b-e728-4076-a4e7-523387e33104-523395/
“Real Estate Partnerships”: https://store.biggerpockets.com/products/real-estate-partnerships?_pos=1&_sid=1dd453d22&_ss=r
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Hear Our Episode on Real Estate Partnerships:
https://www.biggerpockets.com/blog/real-estate-801?utm_source=youtube&utm_medium=description&utm_campaign=none
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Luxury House Hacking Explained:
https://www.biggerpockets.com/blog/luxury-house-hacking?utm_source=youtube&utm_medium=description&utm_campaign=none
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David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none
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Show notes at: https://www.biggerpockets.com/blog/real-estate-816?utm_source=youtube&utm_medium=description&utm_campaign=none


00:00 Intro

01:23 Quick Tip

02:12 How to Invest with $20K

06:29 LLCs and Potential Partnerships

11:40 "Luxury" House Hacking

19:15 Questions from The Comment Section

26:31 Is Now the Time to Sell?

33:32 I Just Sold My House, Now What?

39:06 Ask David Your Question!