From Truck Crashes to Theming & Earning 4k a month in Cash Flow - Reid & Hannah

In this episode of BNB Financially Free, host Chantal Duame chats with newlyweds Hannah and Reid about their journey in real estate investing. The episode begins with an unexpected twist when a truck crashes into their living room in the middle of the night. This incident prompts them to move out and turn their property into a highly profitable short-term rental. Hannah takes a bold leap and transforms the property into a groovy themed getaway, which proves to be a tremendous success. By investing in the right design and creating a unique experience for their guests, they turn what was once a mediocre rental into a lucrative investment property. The couple shares that their annual cash flow has skyrocketed to $120k, far exceeding all projections they made on their starter home they purchased for under $600k. The episode also explores their journey from house hacking to renting out their property as a full-time STR. The couple initially approached house hacking with skepticism but quickly realized the financial benefits it offered. They created a private entrance from the kitchen to the basement, making it convenient for guests to access their space. They also discuss the benefits of hiring a great property manager. This conversation is casual, fun and super informative. 

 

You can find their listing at https://www.airbnb.com/rooms/51586121?guests=1&adults=1&s=67&unique_share_id=e83efe02-4968-422d-86b8-9405d48579e6

 

You can find their design business at https://www.instagram.com/coolvibesdesignco/?igshid=MzRlODBiNWFlZA%3D%3D