The Power Of House Hacking
Вставка
- Опубліковано 3 жов 2019
- Craig Curelop, author of The House Hacking Strategy, sits down with Brandon Turner and David Greene to discuss the insane power of house hacking and why everyone should consider this real estate investing strategy when starting out.
Watch the full podcast interview here - • How to House Hack Your...
www.biggerpockets.com
This is literally what I'm doing right now with my duplex! Seriously, big thank you to Bigger Pockets videos + blog for putting me onto this. I started documenting my journey on my page too!
Woah, that line at the end blew my mind. “Most people are out there playing not to lose. But once you’re financially independent, you’re playing to win.”
Great video BP! My family of 5 is househacking a triplex and it has fast tracked us towards financial freedom like nothing else. I made a video on the benefits most people don’t realize about househacking beyond the money saved. I hope it helps those who are considering it and have kids!
By far the most motivating thing to get financial freedom was getting away from a good paying job that was just sucking my energy dry. When you're OK, you really don't have a whole lot to drive you unless you come up with a lot of reasons or a big "why". :)
so crazy, i’m 16 and always been looking into real estate investing and i was looking around for videos on house hacking today and this pops up
supa slimey nice ! Great age to be looking, your doing the right thing with looking into house hacking. Good luck with your real estate journey!!!
Doing the same thing but just started a family and it definitely gets much more difficult but still extremely attainable! Patience is everything now and there's always a deal around the corner if you want it bad enough 😁
Thank you for all the game guys
David Greene! The BRRRR book legend! I’m getting ready to buy a home with an FHA loan (5%) and can’t wait to house hack 🙌
I come back to this video to reflect on where I was, im closing on a triplex to house hack Wednesday 16th that I bought with a va loan 0 down. These shows made me sale my big house with the white picket fence last year next year I plan on buying a duplex on a 2nd va loan with my bonus entitlement.
Hey man, I think I saw you on another video earlier. It’s awesome to see that you ended up getting your property! I too am a veteran and I plan on closing on a properly some time this year. If you haven’t gotten your disability rating yet be sure to jump on it!
I’m 20, and I’m looking to invest into my first property. I’ve managed to find a 4 apartment building for a very reasonable price right next to a police station. I’ll update you in a few months on how it goes! Whether it’s good or bad!
hows it looking man?
Any updates?
Hey man how’s it going with the investment?
Sending this to my kids. Thanks guys. Not too long.
What about developing some raw land you bought into a duplex, or a triplex or quadplex in an area where you know beforehand that the rent income of these properties will cover your operative expenses and mortgage of constructing the units and buying the land?
In principle, you can always find a deal for land in an area where rents are high, and negotiate the price of the land to get a good deal there.
You’re the actual best I hope you come back soon
My friend is in the process of house hacking! Great talk guys! Brandon one day, Imma be like you in HI!
Good tips
Great content fellas! House hacking is so dope. I’m looking into markets outside of Boston (Worcester) for my first property/ househack. For my budget (about 110k) it seems like condos 2bed1bath are what I’m coming across. Any tips on house hacking a condo?
My thing is i dont wanna share a kitchen and stuff with random people even though thatd be cheaper, so id rather get a duplex and rent out the other unit
More house hacking vids plzzzz im gonna do this soon!
Whats the outro song called?😊
Hi Brandon, this probably sounds stupid but I'm a kid tat needs capital for a rental property. Tips for raising money?
Prius hacking. Dude’s a legend!
You guys never mentioned how do you remove yourself after one year to rent out all properties? What’s the procedures? What does that do to the FHA loan?
FHA primary residency is normally for 12 months, after that you can fully rent out. Show the bank your rent roll from the property, may be able to qualify for another loan (conventional) with rent info from FHA loan property.
House hack Income is Taxable ?
Do you have to pay tax on the rent we get from Roomates
Nope
No.. but I like the sound of that 😂
I am married with two kids and one in the way, I house hack a duplex, looking to trade for bigger duplex soon 3/2
You can get richer by living under a bridge and renting your whole house.
Actually people live in a camper in a driveway and rent out their house
This is how people become rich. They live below their means and get creatives
I can only qualify for a 130k mortgage. How the F am I supposed to "house hack?"
I just bought a duplex 4 days ago for $120,000. Im living in the bottom unit and mortgage is $860 a month (taxes+insurance included). I am charging the tenant upstairs $700 a month and they pay for their own utilities.
I'm not living for completely free but definitely at a discounted price, its possible with your pre-qualification assuming you don't live on a coast or NY area
I highly recommend Destinyjite hacker he helped me with my hacking problems that's why I am recommending him
If you need any type of hacking and iPhone unlocked social media, bitcoin hack, Facebook, WhatsApp, Instagram, bitcoin recovery Instagram verification and Instagram followers, dm this person he is fast reliable and trustworthy.
instagram.com/Destinyjite
First view first like