House hacking is a popular and effective strategy for achieving financial freedom. The basic idea is to purchase a property, live in one part of it, and rent out the remaining space to generate income. By doing this, you can offset the cost of your mortgage and build equity in your property.
There are many different ways to house hack, depending on your needs and preferences. For example, you could purchase a multi-unit property and rent out the extra units, or you could purchase a single-family home and rent out a spare bedroom or converted garage. The beauty of house hacking is that it can be done with any kind of property.
Not only can it help you save money and build wealth, but it can also allow you to live in a more desirable area or have more flexibility in the size and type of property you purchase. If you’re interested in learning more about house hacking, join us for the live event and meet 3 house hackers and learn how they did it.
