house hacker

5 steps to start house hacking

February 17, 2023Posted inInvestors, Landlords
Housing is one of the biggest expenses most people face in their lifetime. Whether you're renting or owning a home, it can be a significant chunk of your monthly budget. One way to reduce your housing costs is by house hacking. House hacking is a real estate investing strategy where you live in one part of a property while renting out other parts to generate income. By doing this, you can reduce or even eliminate your housing costs, and potentially earn additional income that can be used for other expenses or savings.
flip

What is live-in flip

January 20, 2023Posted inInvestors, Landlords
The live-in flip strategy is a popular method of real estate investing where an investor purchases a fixer-upper property, lives in it while making renovations and improvements, and then sells it for a profit. This strategy can be a great way for investors to gain hands-on experience in the renovation process, build equity in the property, and potentially increase the property's value.
house-hacking

Why new real estate investor should consider house hacking

January 18, 2023Posted inInvestors, Landlords
House hacking is a strategy in which an individual purchases a property and rents out a portion of it in order to offset their housing expenses. This can be done by purchasing a multi-unit property, such as a duplex or triplex, or by purchasing a single-family home and renting out rooms. The benefits of house hacking are numerous and can help individuals achieve financial stability and even wealth over time.
low section of man against sky

House Hacking: How to build a financial runway in your 20s and 30s

September 20, 2021Posted inLandlords, Tenants
In response to rising inflation impacting the real estate landscape, house hacking emerges as a top strategy for young adults seeking affordable homeownership options. As housing prices soar, this method provides an unparalleled financial advantage, often surpassing the benefits of even the most significant salary increments. Drawing from personal experience, I can attest to the wealth-building potential of house hacking over several years.