All Episodes

May 22, 2025 29 mins

Can one home help you live for less and build wealth?
In this episode of The House of Ravenscroft, host Eric Ravenscroft—real estate strategist and financial planning expert—dives into one of the most overlooked paths to long-term wealth: buying a property with income-producing units, living in one, and renting out the rest.


This isn’t just house hacking. It’s cash-flow-first homeownership—and it works in Phoenix, Austin, Nashville, Denver, and dozens of other cities with growing job hubs, tourism, and updated ADU laws.

Here’s what you’ll learn:

🏡 The Multi-Unit Breakdown
Hear how one Phoenix homeowner used a guest house and detached office to cut their $5,000 mortgage down to just $1,700/month—without sacrificing lifestyle or location.

📍 Where This Strategy Works Best
From Downtown Phoenix to Boise, Salt Lake City, and San Diego—discover the key ingredients that make this model thrive in both big and small markets.

📊 Why Net Cost Beats List Price
Yes, the upfront cost may be higher—but Eric explains how rental income dramatically changes the math and creates long-term financial upside.

🔁 Flexible Rental Strategies
Short-term guests. Mid-term travel nurses. Long-term tenants. This strategy adapts to your market and your lifestyle.

🏥 Ideal for High-Demand Zones
Learn why homes near hospitals, universities, and remote work hubs create consistent demand—and how to find these hotspots.

🧠 Live-In Leverage Explained
Turn your home into a business, reduce financial risk, and build equity faster—while staying nimble and protected from market swings.

📈 Pros, Cons, and Real-World Scenarios
Eric lays out the advantages (like tax benefits and exit flexibility) and the tradeoffs (shared space, changing STR rules) so you can make an informed move.


📬 Got a question for next week’s Q&A episode?
DM Eric on Instagram, LinkedIn, or send a message at eric@theravenscroftgroup.com


👉 If you find value in this show, hit follow and leave a quick review.
🎧 New episodes drop weekly—actionable, strategic, and jargon-free.

Because when your home works harder than you do, that’s the real power of real estate.
💻 Visit theravenscroftgroup.com to learn more or book a strategy call.

Mark as Played

Advertise With Us

Popular Podcasts

New Heights with Jason & Travis Kelce

New Heights with Jason & Travis Kelce

Football’s funniest family duo — Jason Kelce of the Philadelphia Eagles and Travis Kelce of the Kansas City Chiefs — team up to provide next-level access to life in the league as it unfolds. The two brothers and Super Bowl champions drop weekly insights about the weekly slate of games and share their INSIDE perspectives on trending NFL news and sports headlines. They also endlessly rag on each other as brothers do, chat the latest in pop culture and welcome some very popular and well-known friends to chat with them. Check out new episodes every Wednesday. Follow New Heights on the Wondery App, YouTube or wherever you get your podcasts. You can listen to new episodes early and ad-free, and get exclusive content on Wondery+. Join Wondery+ in the Wondery App, Apple Podcasts or Spotify. And join our new membership for a unique fan experience by going to the New Heights YouTube channel now!

Dateline NBC

Dateline NBC

Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com

24/7 News: The Latest

24/7 News: The Latest

The latest news in 4 minutes updated every hour, every day.

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.