Sometimes, one year can be all you need to find your break in real estate investing. Just ask Craig Curelop, today’s guest. In one year he read 60 books and rented out nearly everything he owned, including his car and even his room. With the money he saved he was able to purchase his second home and create significant passive income. In this episode, we speak to Craig about house hacking and how he achieved financial freedom. We open our conversation by discussing his background and why house hacking is the perfect first step in becoming a real estate investor.
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Craig shares the story of his first house hack and how it taught him to be a landlord while building up his credibility as an investor. We dive into how sleeping in rough conditions for a year was a key part of his house hacking strategy, allowing him to grow both his portfolio and his cash flow. Reflecting on his motivations to find financial freedom, Craig opens up about how being unrelatable is a hallmark of investing. We ask him how he developed himself and his answer highlights the importance of reading, building good routines, and being consistent. Near the end of the episode, we talk about Craig’s future investment plans and how he’s recently improved his business. Tune in to hear Craig’s inspiring story, along with top advice on how you can transform your life in just one year.
Key Points From This Episode:
- Introducing author and real estate investor Craig Curelop.
- Craig talks about his first house hacking experience.
- The benefits of house hacking and what it can teach you about real estate.
- Developing a track record as a real estate investor through house hacking.
- How Craig slowly built his single-family portfolio and cash flow through house hacking.
- Overcoming the naysayers who don’t believe in your vision.
- Why reading is key to changing your mindset and developing yourself.
- Transforming your life through exercise and The Miracle Morning.
- Craig shares his top advice for new investors who are struggling to get started.
- How being unrelatable is a hallmark of real estate investing.
- Hear about Craig’s investing plans for the future.
- Why consistency is the number one contributing factor to Craig’s success.
[bctt tweet=”House hacking is a great way to learn the real estate industry. You’re learning how to become a landlord while literally going home to your investment every day. — Craig Curelop” username=”whitney_sewell”]
Links Mentioned in Today’s Episode:
About Craig Curelop
Craig Curelop is a real estate agent, investor, and co-founder of The FI Team. Craig moved to Denver in April 2017 and closed on his first property in June 2017, a duplex that he house hacked for one year. Part of his incredible story, he rented out the top unit and lived behind a curtain and cardboard wall divider so he could Airbnb his bedroom. Needless to say, it cash flowed. Since then, he’s purchased two more house hacks, each of which cash flow for about $1,000 per month. Between these three house hacks, Craig is financially independent and is helping others achieve financial independence through the creation of The FI Team. Outside of real estate and personal finance, Craig is a health nut. His primary goal is to be able to perform at the highest possible level for the most amount of time. For fun, Craig loves to exercise, hike, travel, read, write, snowboard, golf, and play/watch sports. Go Pats! Follow Craig and his story on Instagram @thefiguy.
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