Why Passive Income is a Lie (And How to Actually House Hack)

Are you chasing the dream of "passive income" in real estate? In this episode of Momentum in Real Estate, hosts Cory Wall and Kristin James sit down with Jordan Jordan Lockaby, a Western North Carolina real estate advisor and experienced investor. Jordan breaks the illusion of passive income, sharing her journey from earning a low wage in organic agriculture to buying 11 properties and mastering the art of the "house hack."Jordan explains how she leveraged mentorship and the BiggerPockets community to go from an aspiring homesteader to a successful real estate investor. But more importantly, she gets vulnerable about the hidden costs of real estate: the burnout, the 60-hour workweeks, and the toll it takes on your nervous system. Jordan shares her exact strategies for surviving the real estate rollercoaster, including her "No Phone Days" rule and why she ultimately decided to sell off most of her portfolio. If you want to build wealth without sacrificing your mental health, this episode is a must-listen!🎧 Hosted by: Cory Wall & Kristin James🎤 Featuring: Jordan Jordan Lockaby, Bloom RealtyJordan Lockaby is the Owner and Broker of Bloom Realty, a real estate firm serving Western North Carolina. She works with buyers, sellers, and investors across the Asheville area, bringing both agent expertise and personal investing experience, including multiple investment properties. Jordan also founded a local real estate investing meetup in Asheville, creating a community of investors focused on strategic property ownership and development.💡 What You’ll Learn in This Episode:✔️ The Passive Income Myth: Why active real estate investing is never truly passive.✔️ House Hacking 101: How to use your primary residence to generate income and live rent-free.✔️ From Farming to Real Estate: How Jordan used the BiggerPockets podcast to change her financial trajectory.✔️ Nervous System Regulation: Why managing your own stress is critical to providing a calm experience for your clients.✔️ "No Phone Days": Jordan's unique bingo-card strategy for completely disconnecting from her business.✔️ Selling the Portfolio: Why Jordan chose peace of mind and sold the majority of her 11 investment properties.📇 Connect with Jordan Lockaby:🌐 Website → https://www.bloomrealtyavl.com/bloom-realty-team📷 Instagram → https://www.instagram.com/bloomrealtyavl/📇 Connect with Cory & Kristin:📷 Cory’s Instagram → https://www.instagram.com/corywallrealestate/🔗 Cory’s LinkedIn → https://www.linkedin.com/in/cory-wall-85a327110/📷 Kristin’s Instagram → https://www.instagram.com/kejanes62/🔗 Kristin’s LinkedIn → https://www.linkedin.com/in/janeskristin/🔖 Don’t Forget to LIKE 👍, SUBSCRIBE 🔔 & COMMENT 💬 Below!💎 Produced by Icons of Real Estate → https://iconsofrealestate.com/ Hosted on Acast. See acast.com/privacy for more information.