Robert Leonard (@therobertleonard) chats with Karina Mejia about how to buy real estate in an expensive market, what house hacking is and how to get started with it, and how to transition from a corporate career into a full-time real estate career. Born and raised in Boston, Karina has witnessed the tremendous change and growth that has transformed Boston's real estate market. She earned her bachelors in Economics and International Studies at Boston College. After graduating, she joined a real estate consulting firm where she provided comprehensive support with commercial real estate investments and transactions in connection with acquisitions, dispositions, and financing. She bought her first triplex at 22 years old using an FHA loan and quickly realized climbing the corporate ladder wasn't for her. She found success as a real estate agent helping both first time home buyers and investors alike. She leveraged the uncapped income potential in sales to house-hack a second triplex in the Greater Boston Area and begin building an out-of-state rental portfolio consisting of 6 doors in Augusta, GA. With a total of 12 doors at 24 years old, her goal is to scale up through long-distance multi-family investing. IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 03:20 - How to become a full-time real estate professional 06:46 - What the day-to-day looks like for a real estate agent 13:07 - How to determine which brokerage to work with as an agent 16:24 - House hacking even in an expensive market 21:38 - Why long-distance investing makes sense 22:57 - How to invest long-distance and out-of-state 📌 Get your first 3 months of investment management with Titan for zero fees! https://www.titan.com/TIP ✔️ Subscribe to the Real Estate 101 show: https://open.spotify.com/show/7dnn22EWyo6MLsPaR492BM 🖊️ Access our free show notes and transcript here: https://www.theinvestorspodcast.com/real-estate-101/expensive-market-investing 📖 BOOKS MENTIONED: - Rich Dad Poor Dad by Robert Kiyosaki: https://amzn.to/371NbS5 - The Everything Guide to House Hacking by Robert Leonard: https://amzn.to/3GNLlkL - The Millionaire Real Estate Investor by Gary Keller: https://amzn.to/2q7X3nS Disclosure: Some of the links above are affiliate links that we may earn commission from. This helps keep our show going! 😀 ▶️ RELATED EPISODES: - $100K+ in Debt to Financial Freedom Journey w/ The FI Couple: https://www.theinvestorspodcast.com/real-estate-101/financial-freedom-journey/ - Still House Hacking with $2.5M Portfolio w/ Jonathan Hayek: https://www.theinvestorspodcast.com/real-estate-101/house-hacking-real-estate/ 💡 OTHER RESOURCES - Connect with Karina: https://www.instagram.com/karina_mejiaa/ - Check out our Real Estate Investing Starter Packs: https://www.theinvestorspodcast.com/real-estate-investing-starter-packs/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ LISTEN 🎧 TO OTHER SHOWS FROM OUR NETWORK: ₿ If you're interested in Bitcoin, checkout our Bitcoin Fundamentals podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8wOLjjwNCM5B1qFdrtTdTZ 📚 Dive into value investing and learn more about billionaires with our We Study Billionaires podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F9dDPFYGAHRbrWoToCe2uoU 🏘 Learn the ins and outs of real estate investing with our Real Estate 101 podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8Yw_8xO2nk-RD7fhb3yktn 💸 Get introduced to the world of investing with our Millennial Investing podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F_p00VYv3psJ8rhDAGOvR5W ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ FOLLOW US ON SOCIAL MEDIA📱: 💻 Facebook: https://www.facebook.com/groups/theinvestorspodcast/ 👔 Linkedin: https://www.linkedin.com/company/the-investor's-podcast/ 🐦 Twitter: https://twitter.com/TIP_Network ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ 📥 Download Stig & Preston's 1-page checklist for finding great stock picks: https://www.theinvestorspodcast.com/form-youtube-checklist/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ❗DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.