Eric Yu: using HouseHacking & Airbnb to escape the 9-5 grind & achieve financial independence.

Hiya! My name’s Eric 👋 I’m an investor-friendly realtor that specializes in House-Hacking & Airbnb in Seattle. I was originally born in Michigan & after college, spent 4 years working as an Instagram Software Engineer in San Francisco. In 2022, I moved up to Seattle to start a new adventure with my girlfriend. I primarily focus on house-hacking, short term rentals, and more recently, real estate development.
Back in 2020, my girlfriend and I went on a life planning retreat to discuss our high level goals for the future + how to start executing on them. Our biggest takeaways were 1) Family is #1 & 2) Flexibility of choice is critical (e.g. working a job is a want rather than a need). Working backwards from our dream life expenses, we came up with the goal of hitting $30k of passive income by 2030.
Since then, I’ve purchased 3 properties & my girlfriend has purchased 2. Our first property was an Airbnb house hack (living out of a small ADU in the backyard while Airbnb’ing out the main house). Based on an initial cash flow analysis, we were expecting ~$500/month. However, our results wildly surpassed expectations; in the first year, our property averaged $3,000 of net profit per month (consistently above 95th percentile in the market). All of this on top of the fact that we were paying $0 in rent.
In mid-2021, I left Instagram after reaching $10k of passive income per month. I’m now heavily focused in 2 areas: 1) Helping other people recognize their own path toward financial independence through real estate & 2) Real estate development! I’m building my first DADU right now. This is a wild strategy in Seattle that will help me add ~$350-$400k to my net worth.
Want to learn more?
1. Setup a free, 1-1 Intro call: calendly.com/d...
2. Join 1,000+ other investors at the largest & most active HouseHacking Meetup in WA State: meetup.com/house-hack-seattle/
3. Follow us and our story on Instagram @MichaelJoHaas, @Jess_Haas, & @HouseHackSeattle
4. Find us online at househackseatt...
5. Apply for a Hard Money Loan for your next investment: certainlending.com/house-hack-seattle