Ep 04 Part 1: Using the VA Loan to House Hack and Live Rent-Free with Leon Orange
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In this episode of the One Room at a Time podcast, host Atticus LeBlanc, founder and CEO of PadSplit, converses with Leon Orange, a 20-year Army veteran. Leon shares his inspiring journey from military service to real estate investment to creative entrepreneurship. Through his innovative use of financing his first PadSplit through a VA loan, Leon eliminated housing costs and began building wealth by renting out rooms, as an owner-occupant himself. He discusses the challenges and rewards of house hacking, offering practical advice for veterans and aspiring real estate investors. This episode provides valuable insights into leveraging VA loans, managing shared housing, and creating passive income streams. The discussion also highlights Leon's future plans and continued growth in the real estate industry.
00:00 Introduction to One Room at a Time Podcast
00:29 Meet Leon Orange: A Journey of Service and Entrepreneurship
01:42 From Military to Real Estate: Leon's Early Challenges
05:05 Discovering PadSplit: A Game-Changer
06:36 Leveraging VA Loans for Real Estate Success
19:15 Operational Insights and Lessons Learned
23:09 Conclusion and Teaser for Part Two
One Room at a Time podcast: https://padsplit.com/podcast
Connect with Atticus LeBlanc on LinkedIn: https://www.linkedin.com/in/atticus-leblanc-3960466/
Connect with Leon Orange on LinkedIn: https://www.linkedin.com/in/orangeismedia/
Leon’s Company: https://www.orangeismedia.com/
Leon’s Instagram: https://www.instagram.com/orangeismedia
References:
- VA Home Loans: https://www.benefits.va.gov/homeloans/
- OIM Creative Studio: https://www.instagram.com/oimcreativestudio
6 episodes