Season 2, Episode 11 with Realtor Allie Robertson. In this episode, Allie explains the concept of house hacking and how she used an FHA loan with 3.5% down and future rental income to qualify for the loan. She also talks about the challenges of being a first-time homebuyer and the importance of understanding potential issues with a property before making a purchase. You definitely want to check it out!
About Allie: Allie is a realtor in the Nashville area who helps first time buyers get into their first home. She helps buyers understand things from an investment perspective and educates on the importance of building wealth through real estate!
Connect with Allie: Call or Text: 615-879-1623 | IG @alliesellsnashville
Connect with Jarrod: IG @nashvillerealestatepodcast | Email: nashvillerealestatepodcast@gmail.com
Connect with our Sponsor Mid State Title & Escrow @midstatetitle and visit their website www.mid-statetitle.com for all of your title questions!
Defining house hacking [00:01:40] Allie defines house hacking as any way to create income from your primary residence and reduce monthly living expenses.
Buying a duplex in Ashland City [00:03:40] Allie shares her experience buying a duplex in Ashland City, including using future rental income to qualify for an FHA loan and dealing with moisture issues in the basement unit.
Using future rental income to qualify for a loan [00:04:29] Allie explains how she was able to use future rental income to qualify for an FHA loan and the challenges she faced with finding a lender who understood the concept of house hacking.
Moisture Remediation and Renovation [00:07:27] Discusses the challenges faced during moisture remediation and renovation, and the knowledge gained from the experience.
Looking for the Next Property [00:10:27] Discusses the idea of looking for a triplex or a quadplex in Clarksville, a strong rental market due to military presence.
Benefits of More Units [00:11:17] Explains the benefits of having more units in terms of cash flow and experience in managing tenants.
Allie's Instagram Strategy [00:12:15] Allie talks about her Instagram strategy, focusing on bringing value and helping people access home ownership.
Branding Evolution [00:14:34] Allie discusses her branding, which has evolved over time, but focuses on real content and a dynamic look.
Ashland City [00:16:06] Allie talks about Ashland City, a growing city 30 minutes from Nashville with a median sales price below anything in Nashville.
Favorite Meal in Nashville [00:18:16] Allie's favorite meal is the maple bacon donut from Five Daughters Bakery.
Allie's Nashville expertise [00:19:20] Allie's knowledge of the Nashville area as a native, including Springfield, Ashland City, and Bellevue.
