8: Boarding Houses, Dealing With Contractors and Building Wealth with Briana Nasman

Briana Nasman has only been investing in real estate for a few short years and is already well on her way to financial freedom through a creative strategy that would scare most people away: boarding houses. Briana tells her story of how she started in real estate by house hacking her first condo, getting her real estate license, working with other investors and finally focusing in on an extremely profitable niche with little competition.

Briana walks us through the pros and cons of operating a large house on a room-by-room basis with tenants that are clean and sober. We go through what you need to know to obtain financing, which renovations need to be made and how to avoid some common mistakes.