Eric Yu

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 1.5x my living expenses 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. If you’re looking for someone to get you started in house hacking or finding someone to educate you on short term rentals, I’m your guy! Follow @helloericyu on IG / TikTok for more :)