21. Everyone in the World Should House Hack! with BiggerPockets author Craig Curelop
House Hacking Success
English - December 18, 2019 08:00 - 51 minutes - 35.4 MB - ★★★★★ - 151 ratingsInvesting Business Entrepreneurship investing realestate wealth money financialfreedom business biggerpockets finance leadership marketing Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Click here to download our FREE eBook
The House Hacking Success Course
In today’s podcast, we have a titan of the House Hacking movement on to share everything he’s learned during his journey! From living behind a curtain in his first House Hack to becoming the author of BiggerPocket's book “The House Hacking Strategy,” Craig Curelop’s story will inspire you and fill you with a ton of valuable information!
If you want to know anything and everything involved in your first House Hack, we talk about it!
We talk about what it has done for him and how it’s dramatically altered his financial freedom journey! We talk about his early journey trying his hand as a venture capitalist and trying to reinvent the wheel by creating start-ups which led to him becoming a real estate investor!
What You’ll learn:
• How 90% of real estate investors start out house hacking
• Why PMI is a great thing!
• Why reinventing the wheel is not required to become a millionaire!
• How Craig got started
• The sacrifice it took to get where he’s at today!
• His lessons taken away from a disaster BRRRR in Jacksonville
• How he runs his numbers on House Hacks
• And so much more!!
Join is as we talk all things House Hacking and how you can too!
Links:
Craig:
House Hacking Strategy by Craig Curelop
Resources:
5 Reasons You Should Househack!
10 Ways to Finance Your Househack!
Using Facebook as a Real Estate Resource!
Follow us on Instagram:
Visit our website at househackingsuccess.com
To join our email newsletter text HOUS
Visit our website to learn more about house hacking at househackingsuccess.com
Subscribe on YouTube
House hacking is one the best ways to get started in real estate. So many investors have used house hacking to buy their first rental property with a low down payment, then even live rent free. You can live rent free because the with house hacking you utilize an "owner occupied" loan to buy a property. Owner occupied means you agree to move into it. If you occupy the property you get a lot of loan options that vary from 0-5% down. You can even buy a 4-unit multi-family property depending on the loan! After you move in you rent out the extra space to cover the mortgage, which allows you to live rent free. You only have to do that for a year! After a year you can move out and turn your property into a full time cash flowing rental property! What makes house hacking so powerful is a combination of the low down payment and living for free. You can literally change your life buy purchasing one house hack and cutting out your rent or mortgage. Imagine if you reinvested those savings to buy another property. House hacking is the best way to go from just getting by to becoming a rock star real estate investor.