House Hacking 101 - How Living Smart Can Jumpstart Your Wealth
What Is House Hacking?
House hacking is a simple but powerful strategy for building wealth and learning about real estate investing while you live in your home. At its core, it means you live in part of a property while renting out the other part (or even just a room) to cover your expenses. The rent your tenants pay helps offset your mortgage, taxes, and insurance - sometimes even allowing you to live for free.
It’s a strategy used by countless investors, including Brandon Turner and David Greene, who were made household names in the investing world during their time on BiggerPockets. Both started with house hacking early in their journeys and built from there.