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Building Multiple Streams of Income on 1 Piece of Property
Want multiple streams of income from one property? Enter “land hacking”. Kai Andrew describes land hacking as extracting as many income streams as possible from one piece of property. That means having the main house for long-term rentals, a small ADU for short-term rentals, a glamping tent in the back, and potentially some farmland being rented out as well.
Only someone as creative as Kai could come up with this sort of strategy. In fact, Kai started out house hacking for his first real estate investment at the age of 21. He rented out to family members and friends before he saved up enough cash to start buying short-term rental properties around his local area of Portland, Oregon.
As his short-term rental portfolio began to grow, Kai started investing in more “unique” opportunities, like shipping container homes, glamping, or A-frame builds. He also set up criteria that he terms “the golden triangle” for all his unique experiences. These unique homes have helped him grow his portfolio, his profits, and take home a sizable amount of equity between his 12 doors.
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Join the Real Estate Rookie Facebook Group:
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Get Tickets to BPCon 2021:
~~~~
Register for Real Estate Rookie Bootcamp:
~~~~
Work with Kai Andrew:
~~~~
Subscribe to Kai’s Youtube Channel and Follow Him on Instagram:
Youtube:
Instagram: or @kaijandrew
~~~~
Follow Ashley and Tony on Instagram:
@wealthfromrentals or
@tonyjrobinson or
Episode #107
Show notes at:
0:00 Intro
2:47 Ditching Engineering for Business
5:46 The First House Hack
8:14 Kai’s Current Portfolio
12:57 Putting Together an ‘Investor Presentation’
16:42 Rental Arbitrage
26:50 Land Hacking
29:55 Creating “Unique” Experiences for STRs
39:34 Deal Deep Dive
48:37 The Mindset Segment
58:38 Rookie Request Line
streams of income
Want multiple streams of income from one property? Enter “land hacking”. Kai Andrew describes land hacking as extracting as many income streams as possible from one piece of property. That means having the main house for long-term rentals, a small ADU for short-term rentals, a glamping tent in the back, and potentially some farmland being rented out as well.
Only someone as creative as Kai could come up with this sort of strategy. In fact, Kai started out house hacking for his first real estate investment at the age of 21. He rented out to family members and friends before he saved up enough cash to start buying short-term rental properties around his local area of Portland, Oregon.
As his short-term rental portfolio began to grow, Kai started investing in more “unique” opportunities, like shipping container homes, glamping, or A-frame builds. He also set up criteria that he terms “the golden triangle” for all his unique experiences. These unique homes have helped him grow his portfolio, his profits, and take home a sizable amount of equity between his 12 doors.
~~~~
Join the Real Estate Rookie Facebook Group:
~~~~
Get Tickets to BPCon 2021:
~~~~
Register for Real Estate Rookie Bootcamp:
~~~~
Work with Kai Andrew:
~~~~
Subscribe to Kai’s Youtube Channel and Follow Him on Instagram:
Youtube:
Instagram: or @kaijandrew
~~~~
Follow Ashley and Tony on Instagram:
@wealthfromrentals or
@tonyjrobinson or
Episode #107
Show notes at:
0:00 Intro
2:47 Ditching Engineering for Business
5:46 The First House Hack
8:14 Kai’s Current Portfolio
12:57 Putting Together an ‘Investor Presentation’
16:42 Rental Arbitrage
26:50 Land Hacking
29:55 Creating “Unique” Experiences for STRs
39:34 Deal Deep Dive
48:37 The Mindset Segment
58:38 Rookie Request Line
5 Comments
I think you guys make most of your money with utube not real estate, and “students “.
love it, one of the best episodes ive seen in a while
Really like your way of critical thinking and running through different scenarios! Using partners to bounce ideas off of to make sure things are realistic! You have acquired some great knowledge and really use that to your advantage!
To be fair, though I've been "land hacking" for quite sometime now, I borrowed the term (stole) the it from @Robuilt. But shhhh, don't tell him. It was an honor to be on this podcast with Ashley, Tony and the team running the show.
Kaiiiiii! One of my fav youtubers