You have to look at your local state or local state landlord laws about how you're getting people in. Most places will allow one to two person for bedroom. Don't get greedy or you shouldn't have 25 people living in there like when you were growing up. It was pretty challenging but as a if you are starting out house hacking, it's a great strategy but you have to be careful not to get over greedy with it. You just do it right and you're going to be fine to do it again next year and next year and repeat again.
Today we have a great guest on the podcast. Dr. Ayush Gupta is a pediatric emergency physician who started https://MDHouseHacking.com He will be teaching us all about what house hacking is, what the benefits and risks are, how to find great tenants, whether long or short term rentals are better, and why he thinks this is the best way for residents and even med students to get started with real estate investing.
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The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!
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