EP 3 - How Tanner Bought a $1.3M Property With Just $5K Down

Tanner Pyle, a Colorado Springs real estate agent and investor, shares his experience with house hacking, co-living, and short-term rentals. He details acquiring a fourplex through owner financing, highlighting the negotiation process and financial structuring. Tanner compares the economics of short-term rentals versus co-living, noting the importance of location, parking, and property layout. He emphasizes the value of networking, persistence, and specializing as an agent. The discussion covers strategies for finding co-living properties, including the significance of proximity to military bases and the benefits of properties with garages for additional income or ADU conversion. Pyle advises beginners to focus on standard loans and building experience before pursuing advanced financing techniques.