Ever heard of house hacking? While I’ve got news for you, there’s even more to owning your own home than you might’ve thought.
💰 Make your investment work for you! 💰
Own a house with a walkout mother-in-law basement that you can rent? House hack!
Have a spare room with a kitchenette and a private entrance? House Hack!
Own a duplex where you can rent out the other side? House hack!
House hacking is when you buy a multi-unit rental property and live in one unit while renting out the rest. Since you’re living on your investment property, your housing costs are lower and you can use the income from the other units to pay for your mortgage!
House hacking could be a great investment strategy for you. All you have to do is find a property in your budget with as many units as possible. The more units, the more potential income. Look for multi-family units, finished basements, or additional dwellings. Then buy it, price out the units, and find some tenants to fill them.
House hacking success!