Going From One to Two: How to Buy a Second Home & Rent Out Your Primary Residence

CREDITS

Hosted by: Kristina Modares and Steph Douglass

Produced and Edited by: Megan Pue

Music by: Lemonmusicstudio

Photo by: Chelsea Francis

Graphic by: Molly Knobloch

SEASON 4, EPISODE 7 SUMMARY

You own a lovely home, but it’s missing something - square footage, location, lot size, or aesthetics. Instead of selling your house to move into another, why not grow your equity, net worth, and overall comfortability by unlocking a second home? We’ll uncover two solutions to achieve this on today’s episode - by either 1) purchasing more property in the city you currently live in or 2) elsewhere at a vacation destination. Which is better for low cash down or minimized risk? Let’s find out…

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Related Resources 

1. Connect With a Realtor

2. Blog Post: "What’s a Sneaky Duplex? How to Generate Income From a Private Room in Your Home"

3. Blog Post: "How to Find Quality Roommate & Tenants"

4. Buying a House With Friends Mini-Course

5. Reel: What's a HELOC?

6. Join: Women Investor Group