▸▸▸ www.365daystofire.com/ Enrollment is now open for our 365 Days to F.I.R.E. Program for 2025 Sign up and get: ◼ Completed F.I.R.E. Plan, Stock Investing Plan, Real Estate Investing Plan, etc. by the end of program ◼ Daily F.I.R.E. Actions ◼ Monthly Live Q&As ◼ Small Accountability Groups ◼ Quarterly Book Club ◼ 3 Meet-ups in Portugal, including a 2-Day Conference with us in Porto! ◼ Private Facebook group ◼ Lifetime access to daily tasks, recorded live Q&As, recorded book club meetings, Facebook group, and resources ◼ Discounted future meetups as 365 Days to F.I.R.E. program alumni ◼ And more! To learn more and enroll NOW, go to: www.365daystofire.com/
We bought a duplex, live in one unit and rent the other one, saved to buy two more houses on the same street, rented them out also, now we live for free with profit. Our first home was a rental, we bought the house from the landlord without a realtor, made the basement into a 1 bedroom flat, rented it out, sold the home for double and then downsized to the duplex in a cheaper city.
I have been an on-site property manager for about 12 years. An apartment is included in the job. Before that, I ran the front desk at a resort in Big Sur. Due to it’s isolated location, housing was provided. That’s 20 years free housing so far!
@@greenparadise2 - A bachelor degree is not required. We had no experience so they provided full training. Companies usually hire teams (husband/wife, boyfriend/girlfriend, Siblings, etc). To get your foot in the door you could start as an assistant manager part time or full time which does not come with a house. Do that for a while till a position opens up as an onsite property manager. Self storage is a very mom and pop industry with a few bigger companies like EZ Storage or UHaul. We worked for a mid-sized regional and it was a great experience. We did that for 7 years. Besides the salary and the free house, we were able to make extra money by selling items tenants left behind on Craigslist. We were newlyweds so we furnished our whole house almost free with items that tenants gave us or left behind. There are many hidden perks.
"Wow, what an incredible story of resilience and generosity! It's heartwarming to see a community come together to support a family in need. This video is a testament to the power of kindness and compassion. Truly inspiring!"
Y’all make me feel so smart, I’ve started on my journey to financial independence and y’all are just ringing so many bells for me. This is what I’m currently doing and honestly y’all are my people I’m literally crying 😭
I’m rewatching this video after having watched the latest one from Portugal, I must say, you guys have evolved right in front of my eyes. Keep growing together. Love it!
Love you guys. Never met you but that’s freaking incredible you delayed your gratification for 8 years, made no excuses and made it happen. Just stumbled upon your channel, checking it out.
I'm a single dad and have begun my stage into investing into real estate and going hard into investing. One of the things that worry me about house hacking is exactly what you said at the beginning. I have a little kid so even if i have good tenants it would worry me living with other people. I have a plan of buying a fixer upper and living in it for a couple of years. Then renting it out and doing it all over again. To start I'm looking at getting a 3 or 4 bedroom, but you guys gave me the idea to down size for my next house to get it even cheaper. So that sounds like a plan
Rico H. Exactly. It would’ve been nice to have been able to use this knowledge before I had kids, but when they’re gone to college, I’ll have gotten used to living on my own anyway haha
Help! I'm stuck in your video ecosystem & I'm having so much fun I dont wanna leave! 😁 Also, dude you need to start selling your awesome t-shirt collection online to the community! Cocoa Puffs is my favorite so far! Loving it! Keep up the awesome and informative videos!
Good job. I lived in San Diego for 35 yrs. 18 yrs ago we bought a condo in a well to do neighborhood in the North county. Last year I sold it , we moved to a much less expensive state. I bought a brand new slightly larger single family home in a newly developed area, paid cash for it, bought all new furniture etc. and had over $100K to put in the bank. It can be done. You did a good job too! tfs
When your house hacking, how do you account for taxes how? Does the govt not consider the portion of the income that is going toward your actual mortgage income? And therefore you’re only taxed on the profit? I hope this makes sense. Thank you!
Im 26 years old, im a student at california state. I have been living with my parents my whole life and I always think im unable to live anywhere else because its so expensive for someone like me! Now I know I can be an RA!! There's a lot of great ideas Im thinking of doing in the future!!
I have a couple ideas for future videos if you continue from Portugal. I would love to add an itty bitty house to our side yard and rent out either the itty bitty or the main house. Would you consider guiding us through the process and use us as the subject of your video? Just an idea. I think we can do it but would like the support and you two seem very creative and practical. Another idea, how to navigate the remodeling process with currently owned str properties. I need to update one and cannot afford to do it. I also cannot lift heavy things due to a health problem. I believe there are clever ways to get the job done if the owner is not personally able to do it? You could again use me as your subject or someone like me. Thank you guys! I was a manager in an apartment complex in college and put myself through school that way. You have to be creative!
Thank you so much! We are developing our website now. Currently we are linking our RUclips video to the site but plan to develop the site much more. You can link to our site in the "About" section of our RUclips channel. Thanks again for the kind words :-)
You guys are so inspiring! I have watch some of your videos, you have really improved over time in front of the camera. I want to get to FIRE following your example and experience. Thank you so much for sharing your journey with us. Congratulations! Enjoy Portugal, this country is on my bucket list. Maybe one day I could meet you there ❤️❤️❤️
Christina and your Boo are just Awesome. Many people know so much but either don't feel like sharing or share with so much attitude. Thank you so much for this content, l am practically recommending any young couples in my way to checkout your channel.... All One needs to know, "It can be done". Asante. Cheers
I just discovered this channel, and I'm so happy such an amazing content! I hope I will be able to take advantage of those hacks here in Ottawa, Canada!
Since the IRS requires that you report when your employer pays for your rent in part or in whole, how does this impact your taxes vs you paying your rent and utilities with a slightly higher salary (assuming it is higher if the employer does not pay rent).
House hacking is my one true super power! Living in a 3 family house in Providence RI, I'm pursuing FI at 52 y.o. so I moved into the smallest BR in my 3 BR apt & rented the other 2 rooms & am now net over $1,100 to live here! 😁
It works so much in your favour to have a partner (husband/wife) who have the same goals, who loves and support one another! Wish I could find a husband like that!! Life would be so much easier. I’ve got to do everything myself.
Sevilla!!!!! One of our favorite places in the world :-) We were last there in October and cant wait to go back...maybe this fall. So glad to hear from you.
We bought a fixer-upper in a great neighborhood with the same intent. Only life happened and my husband started working 80hrs per week and I fell pregnant with our 3rd child. We ended up hiring contractors to do the work, since we could not live in that environment with a new baby. Ended up costing us a fortune! And now selling the house since we are not living in the country and the rent is covering only about half our expenses. It is a huge house(3000sqft), so upkeep is taking even more of our rental income. But we are lucky that my husband's new employers pay our rent, we just do the utilities at about $100/mo.
When we were first married, we owned a duplex on a busy street, but in a very desirable neighborhood. We rented out the apartment downstairs, the garage to someone in the building next door, and a spare bedroom to foreign students who wanted to live with native English speakers. I used to joke that If someone would’ve paid me to pitch a tent on the back porch, I would’ve let them. Lol. It really was a great way to live mortgage free. We flipped that house into a larger home for our family when we had kids, although, I must admit, I wish we had held onto it!
I wish I would have taken advantage of these before having kids! My husband and I were in such a rush to buy a home young. I have no regrets, especially with how much equity we have built now, but man! This is awesome!!
What fantastic ideas for how they've approached their living situations! Considering all of the large renovations needed for your fixer-uppers, where did both of learn how to address these renovations that you mentioned at 3:17 all on your own, in addition to procuring discounted products required for those jobs in other countries like Spain and Japan?
Wow! I just found your channel and I’m binge watching your videos. Thank you for all your tips! I’m taking mental notes and looking into my options. In house property management, I like that idea.
If there are sooo many companies that would give you free accommodations while working abroad for them, what are these companies and positions? It seems not the case. I don't see them a lot.
I can't believe you did all the renovation yourselves; you must be incredibly multi-talented and calm people! We had our kitchen and bathroom renovated professionally for around $15,000 but we didn't have to do a thing and it only took a week. You say, 'your amazed not people do this' referring to people not getting free accommodation from their employers but surely it is the employer that would decide whether this happens or not!
Full disclosure - we had absolutely no clue how to renovate properties when we first started. RUclips became out best friend!!! Totally recommend viewing renovation videos on RUclips if you have any interest in how to renovate properties. You can save tens of thousands of dollars in doing it yourself!
Do you rent another property out why you find the tenants for the renovated property or are you able to get the loan while still living in the renovation
I would add to this : if you are eligible for low income or social housing opportunities, an even if you think you are mot, doublecheck. It never hurts to be on the list and what is usually 30% if your income could be changed to a better percentage based on your annual revenue. I would also add "think outside the box" literally and consider mobile, nautical and tiny house options. Lastly one thing unfortunately not mentioned here - a lot of people have no access to capital investing or loans for a house in the first place, so this lovely couple were lucky to be able to make those investments in the first place.
Thank you Elizabeth! And thanks for watching and commenting on our other videos, too! Notice Amon was wearing his glasses (and not contacts) in this one? ;) You're awesome!!!
Thanks for watching and thanks for the comment! We'll be posting our next video in the next couple of days. Tons of additional things to keep you thinking! :)
Some companies will do it to incentivize people to move abroad and work for them abroad. Here are some videos we made on companies that do it: Get Free Housing | How To Apply for Jobs Abroad | Plus Tour our Rent-Free Japanese Home (Moving Out) - ruclips.net/video/4h6Uvc3pY4U/видео.html; Working Abroad - Top Five Companies Always Hiring - ruclips.net/video/C9-iyt6PdiY/видео.html
What kind of companies pay you to live abroad? I’m a registered nurse and at the moment not really happy with bedside and I moved back in with my parents. I just don’t know what angle to go with my life.
Talk about a Powe Couple, you guys clearly need to be on the same page which is part of your success. Can you talk about how you guys came to be like this, did one person have to convince the other?? It sounds horrible to say but you make it all sound so easy, can you share your evolution story : )
Hello guys! This video is a little older so I’m not sure if you will see my question. What are your thoughts on buying a trailer to live in or an Airstream? Would love your advice as a young newly wed couple looking to invest else where while living in California .
Great question! We like the idea if your goal is to be mobile or travel around your country. But if you're doing it to save cost than you should run the numbers. We've found that there isn't much of saving between buying an airstream vs renting a small apartment or house. After you take into account the cost of the trailer, maintenance, cost to rent a space to park it, disposal fees, etc...it can be as much or more as renting an apartment. So it all depends on your goal and the numbers. Thanks for the question and congrats on starting your FI journey!
Nu only question; if you retire you will need a house and there is no company left to pay it for you. Or will you sell the big condo and buy a smaller one back
I PCS to SD from Rota next year, thus living rent free. People suggest using my VA loan to buy a place. My BAH (single, no dependents) will be $3400+. Not sure about renting it out when I PCS. Do condos sell quickly in SD? Ultimately I want to retire in Portugal. ☺. LOVE your content!
Thank you sooooo much!!! We did a video on companies that hire abroad (some of which also pay for housing). You can check it out at: Working Abroad - Top Five Companies Always Hiring: ruclips.net/video/C9-iyt6PdiY/видео.html.
Thanks for the tips.. but I am really curious to know more about your employer and generally how you came about finding an employer that pays for your house abroad.
They have said several times they don't share the name of the employers and that would not be wise. They provided the general type of work they each do.
I used my 401k for a 20% down payment on my condo. Rents for a apartment here in San Diego, were getting to the point where I couldn't afford it. Now my mortgage with HOA is about $200 less than what I was paying in rent.
I used to live in SD over 10 years. Couldn’t save money much because it’s so expensive. Moved to Utah 2 years ago . It’s affordable place to save money . Hope I will have enough money from investing to move back to enjoy weather there 😀
Wowwww so definitely just subbed to your channel! HOLD THE PHONE!!!!! What company ya'll work for that pays for your housing? I'm trying to see somethin real quick!
LOL! Thank you for subbing! It lets us know you like the content so we can keep pushing it out. We dont like to mention which company but have you seen our getting a job abroad video (Working Abroad - Top Five Companies Always Hiring)? The companies we discuss all pay your rent abroad. And we've worked for some of them so we can speak from experience. Here is the link the video: ruclips.net/video/C9-iyt6PdiY/видео.html
Love the videos you guys have. This older one popped up on my notifications for some reason. Amazing advice you give out. I would only be cautious of promoting the idea of subletting. That can be bad for everyone
Just started washing you today, leaving rent and mortgage free is always needed a saved money to invest, so after you can do all these. I allways say is good to start save for our kids once they are 20 they can investe in a house and do these things. Saving is the key.
▸▸▸ www.365daystofire.com/
Enrollment is now open for our 365 Days to F.I.R.E. Program for 2025
Sign up and get:
◼ Completed F.I.R.E. Plan, Stock Investing Plan, Real Estate Investing Plan, etc. by the end of program
◼ Daily F.I.R.E. Actions
◼ Monthly Live Q&As
◼ Small Accountability Groups
◼ Quarterly Book Club
◼ 3 Meet-ups in Portugal, including a 2-Day Conference with us in Porto!
◼ Private Facebook group
◼ Lifetime access to daily tasks, recorded live Q&As, recorded book club meetings, Facebook group, and resources
◼ Discounted future meetups as 365 Days to F.I.R.E. program alumni
◼ And more!
To learn more and enroll NOW, go to: www.365daystofire.com/
We bought a duplex, live in one unit and rent the other one, saved to buy two more houses on the same street, rented them out also, now we live for free with profit. Our first home was a rental, we bought the house from the landlord without a realtor, made the basement into a 1 bedroom flat, rented it out, sold the home for double and then downsized to the duplex in a cheaper city.
You are house hackers, too!!! :)
Impressive 👏
I have been an on-site property manager for about 12 years. An apartment is included in the job. Before that, I ran the front desk at a resort in Big Sur. Due to it’s isolated location, housing was provided. That’s 20 years free housing so far!
Awesome! Did you run the front desk at Treebones Resort in Big Sur by chance?
My husband and I worked as property managers at self storage facility and it came with a beautiful house, paid utilities, and a salary with benefits.
OMG. Thats sounds awesome! Thanks for sharing!
how did you guys get to work as property managers? at least a bachelors degree and 1 yr experience right?
@@greenparadise2 - A bachelor degree is not required. We had no experience so they provided full training. Companies usually hire teams (husband/wife, boyfriend/girlfriend, Siblings, etc). To get your foot in the door you could start as an assistant manager part time or full time which does not come with a house. Do that for a while till a position opens up as an onsite property manager. Self storage is a very mom and pop industry with a few bigger companies like EZ Storage or UHaul. We worked for a mid-sized regional and it was a great experience. We did that for 7 years. Besides the salary and the free house, we were able to make extra money by selling items tenants left behind on Craigslist. We were newlyweds so we furnished our whole house almost free with items that tenants gave us or left behind. There are many hidden perks.
@@TamekaGraham This sounds awesome!
@@TamekaGraham what if both of you need to travel for a family emergency for about 2 weeks. how do you handle that situation?
"Wow, what an incredible story of resilience and generosity! It's heartwarming to see a community come together to support a family in need. This video is a testament to the power of kindness and compassion. Truly inspiring!"
Y’all make me feel so smart, I’ve started on my journey to financial independence and y’all are just ringing so many bells for me. This is what I’m currently doing and honestly y’all are my people I’m literally crying 😭
Love that none of your options were 'live with your parents.'
semilladearandano - That one didn't make the cut! ;)
Lol that’s what I’m doing right now
HAHAHA!
semilladearandano lollllll
YES!!!!
I’m rewatching this video after having watched the latest one from Portugal, I must say, you guys have evolved right in front of my eyes. Keep growing together. Love it!
Hehe! Yes - a bit better, we would have to agree! :) Thanks for watching from the beginning!
Love you guys. Never met you but that’s freaking incredible you delayed your gratification for 8 years, made no excuses and made it happen. Just stumbled upon your channel, checking it out.
You guys are awesome! So happy to have found you! xoxo Kim
So happy you found us, too! Thanks for watching Kim!!! :)
I became an onsite manager in February 2020 and am saving lots of $ here on the CA Coast! It's an essential part of my wealth building strategy!
Hi just found your channel today. Going through a few videos and I’m loving each one
Aw, so sweet! Glad you're going through the videos and super glad you found our channel!!! :)
I'm a single dad and have begun my stage into investing into real estate and going hard into investing. One of the things that worry me about house hacking is exactly what you said at the beginning. I have a little kid so even if i have good tenants it would worry me living with other people. I have a plan of buying a fixer upper and living in it for a couple of years. Then renting it out and doing it all over again. To start I'm looking at getting a 3 or 4 bedroom, but you guys gave me the idea to down size for my next house to get it even cheaper. So that sounds like a plan
Rico H. Exactly. It would’ve been nice to have been able to use this knowledge before I had kids, but when they’re gone to college, I’ll have gotten used to living on my own anyway haha
Help! I'm stuck in your video ecosystem & I'm having so much fun I dont wanna leave! 😁 Also, dude you need to start selling your awesome t-shirt collection online to the community! Cocoa Puffs is my favorite so far! Loving it! Keep up the awesome and informative videos!
Help! I'm reading your comment over and over again because it makes me laugh and smile at the same time! :)
love ur channel! so informative!
Thank you! So glad you are enjoying our content!!
You guys are blessed, passing on the knowledge is great, you know others like you exists and they quiet as kept.
Good job. I lived in San Diego for 35 yrs. 18 yrs ago we bought a condo in a well to do neighborhood in the North county. Last year I sold it , we moved to a much less expensive state. I bought a brand new slightly larger single family home in a newly developed area, paid cash for it, bought all new furniture etc. and had over $100K to put in the bank. It can be done. You did a good job too! tfs
WOW! That is awesome. Great job and congrats on the relocation!
@@OurRichJourney Thanks!
I think you need to be able to do the fixer upper stuff. Here in the UK it's not as easy if you don't have a building background
Hey guys!! Going back and watching some of your first videos again. Keep myself in the mindset. Enjoy the Retired life!
James
James Spitzer same here. Just found them last night and I’m cycling thru all of the videos. Good luck on your path to financial independence!
When your house hacking, how do you account for taxes how? Does the govt not consider the portion of the income that is going toward your actual mortgage income? And therefore you’re only taxed on the profit? I hope this makes sense. Thank you!
Im 26 years old, im a student at california state. I have been living with my parents my whole life and I always think im unable to live anywhere else because its so expensive for someone like me! Now I know I can be an RA!! There's a lot of great ideas Im thinking of doing in the future!!
Thanks sharing info. I just discovered your channel and love it. Blessings to you on your journey.
Thank you! SO glad you discovered us :)
I have a couple ideas for future videos if you continue from Portugal. I would love to add an itty bitty house to our side yard and rent out either the itty bitty or the main house. Would you consider guiding us through the process and use us as the subject of your video? Just an idea. I think we can do it but would like the support and you two seem very creative and practical. Another idea, how to navigate the remodeling process with currently owned str properties. I need to update one and cannot afford to do it. I also cannot lift heavy things due to a health problem. I believe there are clever ways to get the job done if the owner is not personally able to do it? You could again use me as your subject or someone like me. Thank you guys! I was a manager in an apartment complex in college and put myself through school that way. You have to be creative!
Thank you all so much for sharing, finding your channel has been such a blessing.
I have successfully done 3 of the 5. Go fire.
I think your advice is so good for now and future generations as long as RUclips keeps your vids up. Have you ever thought of making a site?
Thank you so much! We are developing our website now. Currently we are linking our RUclips video to the site but plan to develop the site much more. You can link to our site in the "About" section of our RUclips channel. Thanks again for the kind words :-)
Very creative ❤ Thanks
I am so glad I came across your video. Thank you for the tips... Love it! I will free searching for sure. Need this right away.
AWESOME! Please come back and share your successes. And feel free to ask any questions.
You all are so awesome! I am very impressed. Congratulations to you on your journey.
Awww. Thank you for the love!
Yo had to tell yall that I LOVE YALL. Instant fan! from SF BAY AREA
Aww, thank you! Thank you! Thank you!!!
23rd ave!!
Just stumbled upon your videos. Glad I did great info.
Glad you found us! And thanks for the comment. We love to read what viewers have to say!!! :)
You guys are so inspiring! I have watch some of your videos, you have really improved over time in front of the camera. I want to get to FIRE following your example and experience. Thank you so much for sharing your journey with us. Congratulations! Enjoy Portugal, this country is on my bucket list. Maybe one day I could meet you there ❤️❤️❤️
Thank you! Have to agree - the videos are getting better! LOL!
I’m so happy to have found this channel! Keep on keeping on!!
Joose Boxx - We're so happy you found it, too!!! Thanks so much for watching!!! :)
Christina and your Boo are just Awesome. Many people know so much but either don't feel like sharing or share with so much attitude. Thank you so much for this content, l am practically recommending any young couples in my way to checkout your channel.... All One needs to know, "It can be done". Asante. Cheers
Best RUclips account ever
Thank you so much Edolina!!!
I just discovered this channel, and I'm so happy such an amazing content! I hope I will be able to take advantage of those hacks here in Ottawa, Canada!
Lovely! Thanks you so much! So happy that you discovered our channel and like it! Thanks for the comment!!! :)
As a student watching videos like this... It makes me so excited for the future. Thank you for being my guide.
Be creative and don't let opportunities go by. Be ready for them!
Since the IRS requires that you report when your employer pays for your rent in part or in whole, how does this impact your taxes vs you paying your rent and utilities with a slightly higher salary (assuming it is higher if the employer does not pay rent).
House hacking is my one true super power! Living in a 3 family house in Providence RI, I'm pursuing FI at 52 y.o. so I moved into the smallest BR in my 3 BR apt & rented the other 2 rooms & am now net over $1,100 to live here! 😁
I LOVE it!!!! You've got the house hacking down!!! :)
How did you learn how to do the work on the houses? How long did it take to do it yourself?
It works so much in your favour to have a partner (husband/wife) who have the same goals, who loves and support one another! Wish I could find a husband like that!! Life would be so much easier. I’ve got to do everything myself.
Sha, I can be your husband
greetings from Sevilla! It was a nice surprise to know you've lived in my hometown.
Sevilla!!!!! One of our favorite places in the world :-) We were last there in October and cant wait to go back...maybe this fall. So glad to hear from you.
We bought a fixer-upper in a great neighborhood with the same intent. Only life happened and my husband started working 80hrs per week and I fell pregnant with our 3rd child. We ended up hiring contractors to do the work, since we could not live in that environment with a new baby. Ended up costing us a fortune! And now selling the house since we are not living in the country and the rent is covering only about half our expenses. It is a huge house(3000sqft), so upkeep is taking even more of our rental income. But we are lucky that my husband's new employers pay our rent, we just do the utilities at about $100/mo.
You guys are awesome ! Thanks for sharing your video. Just a question, what exactly do you guys do?
Thank you. We work in Japan for a US based company/organization. Amon (Urban/City Planner) and Christina (Attorney).
I just subscribed. You guys are really informative. I look forward to following you.
Lovely! Thank you so much for subscribing!!! :)
When we were first married, we owned a duplex on a busy street, but in a very desirable neighborhood. We rented out the apartment downstairs, the garage to someone in the building next door, and a spare bedroom to foreign students who wanted to live with native English speakers. I used to joke that If someone would’ve paid me to pitch a tent on the back porch, I would’ve let them. Lol. It really was a great way to live mortgage free. We flipped that house into a larger home for our family when we had kids, although, I must admit, I wish we had held onto it!
I wish I would have taken advantage of these before having kids! My husband and I were in such a rush to buy a home young. I have no regrets, especially with how much equity we have built now, but man! This is awesome!!
Same with me. Oh well. No regrets!
Ok...questions that has nothing to do with nothing but, what editing software are you using?
That's a great question. We love sharing. We use Flimora to edit our videos.
folks you Rock! keep up the fantastic work.
Thank you so much!!!! :)
What fantastic ideas for how they've approached their living situations! Considering all of the large renovations needed for your fixer-uppers, where did both of learn how to address these renovations that you mentioned at 3:17 all on your own, in addition to procuring discounted products required for those jobs in other countries like Spain and Japan?
Its so awesome that you both are in the same page. Not all couples are. I want to buy a great fixer upper, my BF doesnt want to buy at all.
Thank you so much! Hopefully your BF explains his concerns in detail. Maybe you can come to a compromise?
Did you guys sell all of your rentals eventually? How do you know it’s time to sell a rental?
Wow! I just found your channel and I’m binge watching your videos. Thank you for all your tips! I’m taking mental notes and looking into my options. In house property management, I like that idea.
JaBabyDoll - you are awesome! LOVE that you're binge watching the videos! Thank you so much!!! :)
If there are sooo many companies that would give you free accommodations while working abroad for them, what are these companies and positions? It seems not the case. I don't see them a lot.
I can't believe you did all the renovation yourselves; you must be incredibly multi-talented and calm people! We had our kitchen and bathroom renovated professionally for around $15,000 but we didn't have to do a thing and it only took a week. You say, 'your amazed not people do this' referring to people not getting free accommodation from their employers but surely it is the employer that would decide whether this happens or not!
Full disclosure - we had absolutely no clue how to renovate properties when we first started. RUclips became out best friend!!! Totally recommend viewing renovation videos on RUclips if you have any interest in how to renovate properties. You can save tens of thousands of dollars in doing it yourself!
@@OurRichJourney ... RUclips is a gift from the gods. You can learn anything here, brain surgery too!
These are wonderful ideas!!! Thanks for sharing :)
Awesome videos and tips. Value packed and first time here. Been watching for hours down sizing is a good suggestion..
Do you rent another property out why you find the tenants for the renovated property or are you able to get the loan while still living in the renovation
This is simply brilliant.
I would add to this : if you are eligible for low income or social housing opportunities, an even if you think you are mot, doublecheck. It never hurts to be on the list and what is usually 30% if your income could be changed to a better percentage based on your annual revenue. I would also add "think outside the box" literally and consider mobile, nautical and tiny house options. Lastly one thing unfortunately not mentioned here - a lot of people have no access to capital investing or loans for a house in the first place, so this lovely couple were lucky to be able to make those investments in the first place.
Thanks for the note :-)
Thank you for this video, it’s very inspiring! We plan to move abroad and I’d love to have these same opportunities. Blessings to you and your family!
Thank you Elizabeth! And thanks for watching and commenting on our other videos, too! Notice Amon was wearing his glasses (and not contacts) in this one? ;) You're awesome!!!
Our Rich Journey Yes!! (And I always watch the ads on your channel!)
You guy are great thanks.
Thanks James!
Really great video, which field/industry has companies abroad that pay it's employee's rent?
exactly
So much to think about here ! Thanks for sharing and getting my thinking...
Thanks for watching and thanks for the comment! We'll be posting our next video in the next couple of days. Tons of additional things to keep you thinking! :)
I still do not understand why a company would pay your mortgage?? I didn't get the last step.
Some companies will do it to incentivize people to move abroad and work for them abroad. Here are some videos we made on companies that do it: Get Free Housing | How To Apply for Jobs Abroad | Plus Tour our Rent-Free Japanese Home (Moving Out) - ruclips.net/video/4h6Uvc3pY4U/видео.html; Working Abroad - Top Five Companies Always Hiring - ruclips.net/video/C9-iyt6PdiY/видео.html
@@OurRichJourney thank you!
What kind of companies pay you to live abroad? I’m a registered nurse and at the moment not really happy with bedside and I moved back in with my parents. I just don’t know what angle to go with my life.
Where or how did you get the money to buy the condo and how much was it?
You guys are cool. So glad I found your page.
WOW! Thank you! You just made our day!
When renting part of your condo--does part of your mortgage interest go to offset the taxable rental income on Schedule E?
Take a look at this article: www.nolo.com/legal-encyclopedia/tax-issues-when-renting-out-room-your-house.html
Hope that helps!
Great couple. You guys are so inspiring.
Great tips! Thanks!
Glad you enjoyed it! Thanks for watching!!! :)
How were you able to find jobs abroad that paid your rent? I’m interested in a video with those resources. Thanks for the great tips.
Talk about a Powe Couple, you guys clearly need to be on the same page which is part of your success. Can you talk about how you guys came to be like this, did one person have to convince the other?? It sounds horrible to say but you make it all sound so easy, can you share your evolution story : )
Thanks for sharing your story!
You're very welcome! Thank you for watching!
Hello guys! This video is a little older so I’m not sure if you will see my question. What are your thoughts on buying a trailer to live in or an Airstream? Would love your advice as a young newly wed couple looking to invest else where while living in California .
Great question! We like the idea if your goal is to be mobile or travel around your country. But if you're doing it to save cost than you should run the numbers. We've found that there isn't much of saving between buying an airstream vs renting a small apartment or house. After you take into account the cost of the trailer, maintenance, cost to rent a space to park it, disposal fees, etc...it can be as much or more as renting an apartment. So it all depends on your goal and the numbers. Thanks for the question and congrats on starting your FI journey!
Would this work in west europe? Because housing is a bit different here? Im just not sure how different
Thank you for the inspiration and guides toward my dream lifestyle.
Nu only question; if you retire you will need a house and there is no company left to pay it for you. Or will you sell the big condo and buy a smaller one back
I PCS to SD from Rota next year, thus living rent free. People suggest using my VA loan to buy a place. My BAH (single, no dependents) will be $3400+. Not sure about renting it out when I PCS. Do condos sell quickly in SD? Ultimately I want to retire in Portugal. ☺. LOVE your content!
This is awesome. Thanks so much for sharing!! We have house hackers too.
Thank you! SO glad you enjoyed the video!
How do you find companies that pay for your housing? What is your career field?
Looooving your saving tips. Its so great to learn something NEW. By the way what companies can you travel abroad and have your housing paid for??
Thank you sooooo much!!! We did a video on companies that hire abroad (some of which also pay for housing). You can check it out at: Working Abroad - Top Five Companies Always Hiring: ruclips.net/video/C9-iyt6PdiY/видео.html.
You two are an inspiration!!
Such a great comment! Thank you so much!!!
Thanks for the tips.. but I am really curious to know more about your employer and generally how you came about finding an employer that pays for your house abroad.
They have said several times they don't share the name of the employers and that would not be wise. They provided the general type of work they each do.
How'd you buy a house in the first place 🤔 this is my struggle, crappy houses are too expensive now.
Fha loans. 588 credit score 2 years work experience and you have to have a pretty big paycheck
Calif. Yes Midwest no.i just bought our 3rd house negotiating at 7,000.needed some fixing but near a good sized town.
I paid $9000 for a 4 bedroom older home that needed some fixing up.
I used my 401k for a 20% down payment on my condo. Rents for a apartment here in San Diego, were getting to the point where I couldn't afford it. Now my mortgage with HOA is about $200 less than what I was paying in rent.
Check out @keyzwithkay send me a Dm
Wow u guys moved alot now Portugal I'm following 😊 wishing you guys all the Best 👏👏
Yes! We're in Portugal now and we LOVE it!!!
Thanks fr all your excellent vids.
Wondering which company in Japan & when, please? heading out that way & would appreciate the info.
Plus the first $75,000 + of your income out of country is tax free. The $75 grand might be higher now so another way to save money.
Thanks for sharing another huge benefit of working abroad!
Brilliant!
Thanks so much! :)
I used to live in SD over 10 years. Couldn’t save money much because it’s so expensive. Moved to Utah 2 years ago . It’s affordable place to save money . Hope I will have enough money from investing to move back to enjoy weather there 😀
How do you get a company to pay for your house??????
Wowwww so definitely just subbed to your channel!
HOLD THE PHONE!!!!! What company ya'll work for that pays for your housing? I'm trying to see somethin real quick!
LOL! Thank you for subbing! It lets us know you like the content so we can keep pushing it out. We dont like to mention which company but have you seen our getting a job abroad video (Working Abroad - Top Five Companies Always Hiring)? The companies we discuss all pay your rent abroad. And we've worked for some of them so we can speak from experience. Here is the link the video: ruclips.net/video/C9-iyt6PdiY/видео.html
@@OurRichJourney I gotcha! Totally understandable and thanks I'll watch that video!
Love the videos you guys have. This older one popped up on my notifications for some reason. Amazing advice you give out. I would only be cautious of promoting the idea of subletting. That can be bad for everyone
Thanks for sharing this video..I just subscribed to your channel...
Awesome!!!! Thanks for subscribing!!! :)
Lovely couple! I'm about to binge watch your videos and gain some new knowledge. #newsubbie💰
Thank you!!! You are so sweet!!!
What do you do for a living?
I'm an attorney and Amon is an urban planner. :)
I tried renting rooms and do airbnb... but is not an option when you have kids anymore. Could be risky.
Yes. Agree.
Very inspiring, indeed. Thank you so much.
Just started washing you today, leaving rent and mortgage free is always needed a saved money to invest, so after you can do all these. I allways say is good to start save for our kids once they are 20 they can investe in a house and do these things. Saving is the key.
His voice is soothing. Power couple!
That’s cool you guys are smart and handy