In this episode, Kristina and Steph dive into three proven house hacking options: investing in a duplex/triplex/fourplex, buying a single-family home, or adding a tiny home to your property.

We'll guide you through each strategy, emphasizing how they can align with your personal values, such as privacy. Whether you're drawn to the idea of a "live-in flip" for profit or renting out spare rooms for added income, this episode offers insight to help you choose the path that resonates most with your goals and lifestyle.

Get in Touch

Comments, suggestions or feedback? Email us at podcast@openhouseaustin.co

Want to hear more from Open House? Follow us on TikTok or Instagram and check out our website!

Please stay tuned for more episodes every Tuesday, and subscribe so you don’t miss them! You can find us on Spotify, Stitcher and Apple Podcasts.

Related Resources

1. Blog post: "House Hacking: 3 Strategies Every Homebuyer Should Consider"
2. Blog post: "What’s a Sneaky Duplex? How To Generate Income from A Private Room in Your Home"
3. Blog post: "Our 2023 First-Time Home Buyer Stats (Want to Buy a House in 2024? Read This!)"
4. Blog post: "5 Questions You Should Ask Your Mortgage Lender In This Real Estate Market"
5. Connect with a Realtor - Austin-area experts with experience house hacking, buying with friends, tiny home construction, and renovations
6. Join our Creative Home-Buying & Wealth-Building For Women Group - it's free, and we meet up regularly; you're welcome to pitch yourself to other members via the Facebook Group or at an in-person meetup
7. Sign up for our next "How to Buy a House in Austin" Workshop
8. First-Time Home Buyer Mini-Course
9. Homeschool on YouTube!!!
10. Take our "Are You Ready to Buy a House?" Quiz

New month, new theme! Throughout March and April, we'll focus on house hacking—renting out part of your home to cover your mortgage. In this episode, we delve into personal experiences: Steph partnered with her mom, renovating a back house to reduce expenses and increase net worth. Kristina strategically used house hacking in East Austin, transforming a room to cut mortgage costs and accommodate her growing family. Reflect on your ideal homeownership journey - would you like to offset your mortgage costs in exchange for some of your space?

Get in Touch

Comments, suggestions or feedback? Email us at podcast@openhouseaustin.co

Want to hear more from Open House? Follow us on TikTok or Instagram and check out our website!

Please stay tuned for more episodes every Tuesday, and subscribe so you don’t miss them! You can find us on Spotify, Stitcher and Apple Podcasts.

Related Resources

1. Blog post: "House Hacking: 3 Strategies Every Homebuyer Should Consider"
2. Blog post: "Teacher Turned Real Estate Investor Via House Hacking (Sneaky Duplex Reveal)!"
3. Connect with a Realtor - Austin-area experts with experience house hacking, buying with friends, tiny home construction, and renovations
4. Join our Women Investor Group - it's free, and we meet up regularly; you're welcome to pitch yourself to other members via the Facebook Group or at an in-person meetup
5. Sign up for our next "How to Buy a House in Austin" Workshop
6. First-Time Home Buyer Mini-Course
7. Homeschool on YouTube!!!
8. Take our "Are You Ready to Buy a House?" Quiz

Considering buying a home with friends? Wondering how to pitch this idea to others? Join us as we highlight the crucial art of presenting yourself as a valuable partner. Co-Founder Steph shares her firsthand experience, recounting how she approached her mom to form a real estate relationship that has only grown stronger over the years.

Get in Touch

Comments, suggestions or feedback? Email us at podcast@openhouseaustin.co

Want to hear more from Open House? Follow us on TikTok or Instagram and check out our website!

Please stay tuned for more episodes every Tuesday, and subscribe so you don’t miss them! You can find us on Spotify, Stitcher and Apple Podcasts.

Related Resources

1. Buying a House With Friends Mini-Course
2. View the Preferred Partnership Split/Square
3. Blog post: "How I Made $84,000 Refinancing My Home in Austin" [Kristina & her sister's home]
4. Blog post: "How I Renovated My East Austin Home in 20 Days" [Kristina & her sister's home]
5. Connect with a Realtor - Austin-area experts with experience house hacking, buying with friends, tiny home construction, and renovations
6. Join our Women Investor Group - it's free, and we meet up regularly; you're welcome to pitch yourself to other members via the Facebook Group or at an in-person meetup
7. Sign up for our next "How to Buy a House in Austin" Workshop
8. First-Time Home Buyer Mini-Course
9. Homeschool on YouTube!!!
10. Take our "Are You Ready to Buy a House?" Quiz

Today, Kristina and Steph reveal red flags that you should look out for when buying with friends. Hear a real story about a partnership that didn't work out and grasp the consequences of ignoring these signs. Then, understand the importance of clear rules, known as operating agreements, to prevent conflicts and legally protect yourself.

Get in Touch

Comments, suggestions or feedback? Email us at podcast@openhouseaustin.co

Want to hear more from Open House? Follow us on TikTok or Instagram and check out our website!

Please stay tuned for more episodes every Tuesday, and subscribe so you don’t miss them! You can find us on Spotify, Stitcher and Apple Podcasts.

Related Resources

1. Buying a House With Friends Mini-Course
2. View the Preferred Partnership Split/Square
3. Blog: "How to Legally Protect Yourself in A Real Estate Partnership"
4. Connect with a Realtor - Austin-area experts with experience house hacking, buying with friends, tiny home construction, and renovations
5. Join our Women Investor Group - it's free, and we meet up regularly
6. Sign up for our next "How to Buy a House in Austin" Workshop
7. First-Time Home Buyer Mini-Course
8. Homeschool on YouTube!!!
9. Take our "Are You Ready to Buy a House?" Quiz

Welcome back to the start of a new season. This February, we're laser-focused on a theme: buying homes with friends. In a challenging real estate market, forming partnerships is a creative solution. We'll share real-life examples, explore key considerations, and make this idea actionable for you over the course of several episodes.

Get in Touch

Comments, suggestions or feedback? Email us at podcast@openhouseaustin.co

Want to hear more from Open House? Follow us on TikTok or Instagram and check out our website!

Please stay tuned for more episodes every Tuesday, and subscribe so you don’t miss them! You can find us on Spotify, Stitcher and Apple Podcasts.

Related Resources

1. Buying a House With Friends Mini-Course
2. View the Preferred Partnership Split/Square
3. Connect with a Realtor - Austin-area experts with experience house hacking, buying with friends, tiny home construction, and renovations
4. Join our Women Investor Group - it's free, and we meet up regularly
5. Sign up for our next "How to Buy a House in Austin" Workshop
6. First-Time Home Buyer Mini-Course
7. Homeschool on YouTube!!!
8. Take our "Are You Ready to Buy a House?" Quiz

Join host Steph and our Realtor team - Sydney, Jenn, Alan, and Mandy - as they chat about today's Austin real estate market, sharing personal stories and client experiences. Are there still deals to be found? How do the current interest rates play a part in monthly payments and cash needed to close?

Plus, they share thoughts on our soon-to-be-opened office - after co-working all summer, we're soo ready for this next chapter. You're invited to our HUGE opening party with free Chi'Lantro, drinks, a DJ, and even a petting zoo. See you there!

Get in Touch

Comments, suggestions or feedback? Email us at podcast@openhouseaustin.co

Want to hear more from Open House? Follow us on TikTok and check out our website!

Please stay tuned for more episodes every Tuesday, and subscribe so you don’t miss them! You can find us on Spotify, Stitcher and Apple Podcasts.

Related Resources

1. Connect with a Realtor - Austin-area experts with experience house hacking, buying with friends, tiny home construction, and renovations
2. Come to our office launch party! Decorated by Dani Klarić + free drinks & Chi'Lantro BBQ
3. Come to our next Community Meetup
4. Sign up for our next "How to Buy a House in Austin" Workshop
5. Join our Women Investor Group - it's free, and we meet up regularly!
6. Buying a House With Friends Mini-Course
7. First-Time Home Buyer Mini-Course
8. Homeschool on YouTube!!!
9. Take our "Are You Ready to Buy a House?" Quiz

The question we hear most often is, "What does it cost to buy a house?" To answer that, we've put together a focused mini-episode that delves into real-world examples of homes currently available in Central Austin, Texas. We don't stop there - we also discuss creative strategies like house hacking to help you reduce your living costs. Tune in for a thorough breakdown of the numbers you need to know. This episode could be a game-changer for you!

Get in Touch

Comments, suggestions or feedback? Email us at podcast@openhouseaustin.co

Want to hear more from Open House? Follow us on TikTok and check out our website!

Please stay tuned for more episodes every Tuesday, and subscribe so you don’t miss them! You can find us on Spotify, Stitcher and Apple Podcasts.

Related Resources

1. Connect with a Realtor - Austin-area experts with experience house hacking, buying with friends, tiny home construction, and renovations
2. Our clients usually put less than 20% down when buying a home! Check out our first-time homebuyer stats from 2022
3. Come to our office launch party! Decorated by Dani Klarić + free drinks & Chi'Lantro BBQ
4. Join our Women Investor Group - it's free, and we meet up regularly!
5. Sign up for our next "How to Buy a House in Austin" Workshop
6. Buying a House With Friends Mini-Course
7. First-Time Home Buyer Mini-Course
8. Homeschool on YouTube!!!
9. Take our "Are You Ready to Buy a House?" Quiz
10. Listing #1: 10503 Jean Dr, Austin, TX 78753
11. Listing #2: 1207 Harvey St, Austin, TX 78702

About our 12th Street Office and Community Space... It's seriously crunch time! We're sharing challenges we've faced throughout this project as we manage contractors, work with Dani Klarić's decorating team, and plan a HUGE launch party (RSVP here). If you're curious about what it takes to launch a big project or just enjoy a good behind-the-scenes story, this episode is for you. 🎙️

Get in Touch

Comments, suggestions or feedback? Email us at podcast@openhouseaustin.co

Want to hear more from Open House? Follow us on TikTok and check out our website!

Please stay tuned for more episodes every Tuesday, and subscribe so you don’t miss them! You can find us on Spotify, Stitcher and Apple Podcasts.

Related Resources

1. Connect with a Realtor - Austin-area experts with experience house hacking, buying with friends, tiny home construction, and renovations
2. Come to our office launch party! Decorated by Dani Klarić
3. Join our Women Investor Group - it's free, and we meet up regularly!
4. Sign up for our next "How to Buy a House in Austin" Workshop
5. Buying a House With Friends Mini-Course
6. First-Time Home Buyer Mini-Course
7. Homeschool on YouTube!!!
8. Take our "Are You Ready to Buy a House?" Quiz