Building real estate syndication platform with Perry Zheng | Know your WHY podcast #032

2021-09-15

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Perry got hooked on house hacking when he first bought a three-bedroom house to live in and rented out the two smaller rooms. Eventually, he moved to the smaller rooms then later shifted to buying a bigger house and following the same strategy.His strategy for finding roommates has changed over the years. Before, he found his tenants from Craigslist. Since his houses were not located in downtown Seattle, he had lower rents. Later, he leaned towards getting reserved and introverted tenants. He wanted to distance ...

Perry got hooked on house hacking when he first bought a three-bedroom house to live in and rented out the two smaller rooms. Eventually, he moved to the smaller rooms then later shifted to buying a bigger house and following the same strategy.
His strategy for finding roommates has changed over the years. Before, he found his tenants from Craigslist. Since his houses were not located in downtown Seattle, he had lower rents.

Later, he leaned towards getting reserved and introverted tenants. He wanted to distance himself a bit from his roommates rather than become close to them. This way he avoids them getting too comfortable and asking to delay their rent payments.

When he moved back to Seattle, renting out his house in San Francisco became a headache. So he decided to sell it, join a syndication group, and invest in multifamily properties.

Link: https://www.linkedin.com/in/perryzheng/

If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara

Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license.

https://creativecommons.org/licenses/by/4.0/

Artist: http://audionautix.com/

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