Go from paying rent, to collecting rent!Posted by Kelli Johanson on
Go from paying rent to collecting rent!
Consider house hacking to start your investment journey.
You may have heard the term “house hacking” thrown around a lot lately. It sounds like a trendy new real estate hack, but it’s actually a tried-and-true way to buy a home, generate income, and build wealth in real estate
So, what exactly is house hacking? It’s a real estate investing strategy that involves buying a multi-unit property, living in one of the units as your primary residence, then renting the rest out. The occupants of the other unit(s) contribute to your mortgage and living expenses through the rent they pay you. You can even house hack a single-family home by renting out a bedroom, basement or outbuilding.
We all know that…
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