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How to Use a 1031 Exchange to Boost Real-Estate Cash Flow, Portfolio

The first property Jeff White and Suleyka Bolaños bought was a piece of work. It was a fourplex that they planned on house hacking, meaning they'd move into one unit and rent out the other three."It took us three months before we could fully move in," White told Business Insider. The renovation process "was like having two full-time jobs for both of us."Looking back, "we could have done a lot better," said White, who is now a real-estate agent and helps investors in the Denver area find properties. "I've looked...
Upcoming Investments

How to Get Into Real Estate Investing With a Low Down Payment

Retiring in your 30s is far from simple, but Jeff White and Suleyka Bolaños did it by simplifying.They had a clear goal — early retirement in 10 years — and a clear plan: add one rental property a year to their portfolio. And they committed to one strategy: house hacking. By renting out parts of the houses they lived in, they could offset their housing costs and free up extra savings."All we wanted was one deal a year — it wasn't like we were looking for 10 — so it...
Upcoming Investments

Beginner-Friendly Real Estate Investment Strategy: House Hacking

Since 2017, Jeff White and Suleyka Bolaños have moved homes once a year.They've shared walls with neighbors in duplexes and triplexes, and shared common spaces with roommates in single-family homes. They've lived in a basement unit and a tiny home.The moving process is now "a one-day thing," Bolaños told Business Insider. They pared down their belongings to the point where, "when we would move, we just basically pack up our room."White and Bolaños own each of the homes they've lived in. They're using a strategy known as house hacking, in...