210: My First Deal Changed My Life! A Newbie Show with Sunny, SunMarie, and Sam

<p>Can a single real estate deal change your life? Definitely! That’s the topic on today’s “newbie episode” of the&nbsp;<a href="https://www.biggerpockets.com/podcast" target="_blank">BiggerPockets Podcast</a>, where we sit down for several interviews with real estate investors who have just purchased their first deal. In the first interview, you’ll hear how&nbsp;<strong>Sunny and SunMarie Burns</strong>used a fantastic “house hack” to invest in an extremely high-priced area. In the second interview, you’ll hear how&nbsp;<strong>Sam Valme</strong>&nbsp;was able to house-hack his home into a vacation rental that throws off massive cash flow each month. These stories are incredibly inspiring and full of tips that can help new AND experienced investors achieve more in their business!</p><p>In This Episode We Cover:</p><p><strong><em>Sunny and SunMarie’s Segment:</em></strong></p><ul><li>How Sunny got&nbsp;<strong>hooked</strong>&nbsp;to the podcast</li><li>Why you should consider buying a&nbsp;<strong>fourplex</strong>&nbsp;as a first property</li><li>How to&nbsp;<strong>find&nbsp;</strong>these deals</li><li>Thoughts on the&nbsp;<strong>competitiveness</strong>&nbsp;of the real estate market</li><li>How to use<strong>&nbsp;house hacking</strong>&nbsp;to earn&nbsp;extra cash</li><li>Why you should always look out&nbsp;for&nbsp;<strong>holding costs</strong></li><li>How real estate&nbsp;<strong>helped</strong>&nbsp;Sunny and his&nbsp;family</li></ul><p><strong><em>Sam’s Segment:</em></strong></p><ul><li>How his mom unknowingly gave him a ticket to&nbsp;<strong>real estate investing</strong></li><li>How he turned&nbsp;the basement into a&nbsp;<strong>rental unit</strong></li><li>Tips for making&nbsp;the&nbsp;<strong>financing</strong>&nbsp;work on a&nbsp;deal like this</li><li>Why he used an&nbsp;<strong>FHA 203K</strong>&nbsp;for financing</li><li>The benefits of using&nbsp;<strong>Airbnb</strong>&nbsp;to rent your property</li><li>How to&nbsp;<strong>price</strong>&nbsp;Airbnb rentals the right way</li><li>