House Hacking Is a Powerful Wealth Building Strategy

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House hacking is a form of real estate investing. It allows you to purchase a property, because it's your primary residence. You can get anywhere from three and a half to five % down on a property. The second thing is that it reduces your living expenses. Now you're not necessarily living pay check to pay check any more.

IN THIS EPISODE, YOU’LL LEARN:

02:16 - Robert’s experience writing his very first book.
08:00 - What a house hack is.
12:37 - Why house hacking is such a powerful wealth building strategy.
24:54 - Who house hacking might be good for, and who might it not be good for.
27:20 - What Robert will look for in his next househack.
30:36 - Why building a team is critical when purchasing a house hack.
35:42 - How Robert thinks about finding quality tenants.
47:38 - How investors can go about finding their first house hack.
01:00:55 - What the biggest risks are with house hacking.
And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Robert's guide: What is house hacking?
Check out Robert’s new book: The Everything Guide to House Hacking.
Why house hacking might not be right for you
Related Episode: Life as a Podcast Host, Investing in Fintech, & Buying Rental Properties w/ Robert Leonard - MI127.
Related Episode: Deep Dive Into My RV Rental w/ Robert Leonard - REI097.

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