(Newswire.net — July 20, 2020) — New Orleans, LA — New Orleans, LA-based FI by REI launches the second season of its House Hacking podcast, which helps people fast-track financial goals by teaching them how to monetize their home.
FI by REI, a property investment consultancy based in New Orleans, LA, launches the second season of its successful House Hacking podcast. The series aims to teach people how to fast-track their financial goals by purchasing a property as a primary residence, but renting out portions of it to generate additional income. To date, the podcast has been downloaded by over 13,000 listeners.
More information about FI by REI is available at: https://fibyrei.com
About 64% of Americans own their home, but many of them worry about being able to save money and retire comfortably when mortgage payments account for 30%-50% of their income. FI by REI started the House Hacking podcast to teach listeners how to monetize their place of residence, so that rental income ultimately covers their mortgage payments.
In the first season, the podcast featured case studies that expounded on five styles of house hacking: room rental, income suite, accessory dwelling unit, small multi-family, and work-provided.
For the second season, listeners can expect to learn more about a sixth house hacking style called the slow flip strategy. FI by REI founder and podcast host Andrew says that the slow flip was reserved for season two as this strategy’s unique characteristics required its own spotlight. He adds that properly executed, this style of investing can add tens of thousands of dollars to one’s net worth. Furthermore, it can also offer excellent tax benefits for investors.
The new season will also put an emphasis on renovation and home improvement, which can help increase a property’s value and the rental rates it can command.
As in the first season, the podcast will feature real-life investors who will share their experiences in house hacking. These case studies provide valuable first-hand knowledge and insights for people who are also looking to be property investors.
Andrew says: “I’m thrilled by the overwhelming support we received in season one, and I couldn’t be more excited to launch season two. The goal of the podcast remains the same: to help people reach financial freedom by becoming successful real estate investors.”
For more information about FI by REI, visit the URL provided above.