106. REAL DEAL: Moving 1,600 Miles Away From Home for Your First Deal
Real Estate Investing School Podcast · Real Estate Investing School
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Show Notes
Welcome back to the Real Estate Investing School Podcast! Today we've got an investor who is just beginning his real estate career, 1,600 miles from home.
Our guest today is Corby Faucett, the younger brother of our host Brody. Corby got his first real estate deal in Oxford, Mississippi, 1,600 miles away from his hometown of St. George, UT. After months of looking for an in-state deal, a sudden career change of his lovely wife Kelsey jump started his real estate investing journey.
Corby's story centers around his property in Oxford, Mississippi, featuring a three-bedroom, two-bath main house and a separate two-bedroom, two-bath unit. The conversation explores Corby's house hacking strategy—residing in one unit while renting out the other—and delves into the challenges and lessons learned along the way.
The narrative covers financing, down payments, and the creative solutions employed to make the deal feasible. Corby discusses the renovations undertaken to enhance the property's appeal and rental potential. The episode is a blend of practical advice, personal anecdotes, and genuine excitement, serving as inspiration for aspiring real estate investors.
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