DiscoverThe Big Break Show#80 Buying a Property With 3% Down: Matt Krueger's Creative Financing and House Hacking Success
#80 Buying a Property With 3% Down: Matt Krueger's Creative Financing and House Hacking Success

#80 Buying a Property With 3% Down: Matt Krueger's Creative Financing and House Hacking Success

Update: 2024-01-10
Share

Description

In this episode, we sit down with Matt Krueger. He is a full-time real estate investor based in Des Moines, Iowa. He started his real estate journey with a low income and has since built a substantial portfolio of properties. Matt and his wife have been able to achieve financial freedom through creative financing strategies and by house-hacking multiple properties.

Matt shares his journey from being a cell phone sales rep to building a substantial real estate portfolio. He started by buying a property with only 3% down and living in it for a year before renting it out. He repeated this process five times, house-hacking each property. Eventually, he scaled his portfolio by getting creative with financing and using a home equity line of credit. Matt currently has 10 long-term rentals and 2 short-term rentals and is focused on optimizing his existing properties. Matt emphasizes the importance of taking action and being willing to make sacrifices to achieve financial freedom. "Don't wait. Find a way to make it happen."

Timestamp:

00:03:23 : Guest intro, HOA regulations in Texas, and risks of STRs.

00:05:13 : HOA regulations, Matt and Rafa's connection, challenges, and starting in real estate.

00:07:52 : Matt's journey, property acquisitions, financing, renovations, and managing expenses.

00:18:00 : Cash flow, property locations, homeschooling, and management software preferences.

00:23:15 : Short-term vs long-term rentals, property quality, and handling tenant calls.

00:24:13 : Hospitable software, homeschooling benefits, speaker's experience, and college views.

00:29:45 : Speaker's background, family, balancing real estate, sacrifices, and long-term goals.

00:35:32 : Cash-out refi, unique projects, and financial freedom through real estate.

New episode every Wednesday!

#TheBigBreakShow #RealEstate #MattKrueger

Connect with Matt Krueger!
Instagram: @rental.cashflow
Tiktok: @rental.cashflow


  For Audio Podcast, Subscribe and Listen to The Big Break Show HERE:

Connect with Rafa Loza on Social Media:

If you’re interested in Rafa’s Course, check the link to his STR Academy Application: 

Connect with Jesse Vasquez:

The Ultimate Guide to Finding & Buying STR’s, let’s run your analytics: 

MASTERMINDS/ GROUPS:

Clubhouse: Airbnb The Big Break
 
 

Comments 
In Channel
loading
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

#80 Buying a Property With 3% Down: Matt Krueger's Creative Financing and House Hacking Success

#80 Buying a Property With 3% Down: Matt Krueger's Creative Financing and House Hacking Success

Rafa Loza