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b'In this episode, Nicole Heasley shares her experience breaking into real estate investing as a house hacker. She shares how she navigated the process with minimal background knowledge, found a reliable agent who helped her pick a suitable property and established boundaries with her tenants. Nicole also reveals vital takeaways from her first investment that enabled her to build passive cash flow in future investments. Discover what it takes to get started with house hacking: finding the right loan program, interviewing potential tenants, and hiring outside help for maintenance.\\xa0\\n\\xa0\\nLearn about Nicole\'s experience, and gain insights into the essential skills needed to succeed with real estate investing.\\xa0\\n\\xa0\\n[00:01 - 06:45] Opening Segment\\nNicole Heasley talks about her experience with house hacking and the key lessons she learned\\nShe wanted to make sure there was enough recreational space for tenants and visitors\\nHer location was chosen based on job availability and safety considerations\\n\\xa0\\n[06:46 - 15:41] Buying Your First Houses\\nNicole\'s realtor was very tactful in helping her decide what was best for her\\nNicole wanted to cover the mortgage and have a garage space for herself\\nShe covered all utilities herself initially but would split them evenly if she did it again\\nInterviewed potential roommates and used the RoomieMatch website to find compatible people\\n\\xa0\\n[15:42 - 21:58] Learning to Be the "Bad Guy" as a Landlord\\nThrowing in personal questions on the rental application\\nHow Nicole learned how to be the "bad guy" when necessary\\nStudent loans didn\'t impact the ability to get a mortgage or make a down payment\\nHow Nicole started attending meetups and eventually bought more properties\\n\\xa0\\n[21:59 - 26:19] Closing Segment\\nBest investment: time invested in meetups\\nWorst investment: trading in stocks\\nThe most important lesson learned: not being shy\\n\\nQuotes:\\n\\xa0\\n"I did learn how to tell people, \'No, you can\'t do that,\' or \'No, I can\'t waive this.\' That\'s absolutely a skill." - Nicole Heasley\\n\\xa0\\n"I don\'t care what business endeavor you\'re starting, you always start off undercutting yourself." - Nicole Heasley\\n\\nConnect with Nicole!\\nFacebook: https://www.facebook.com/nrheasley\\xa0\\nEmail: nicole.heasley@ccm.com\\xa0\\n\\xa0\\nInvest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/\\n\\xa0\\nTrack your rental property\'s finances with Stessa. Go to www.escapingwallstreet.com.\\nJoin our Passive Investor Club to access passive commercial real estate investment opportunities.\\n\\xa0\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.'