The Intrinsic Value Podcast - The Investor’s Podcast Network cover image

MI004: Entry Level Analyst to CEO & Financial Freedom with Scott Trench (Investing Podcast)

The Intrinsic Value Podcast - The Investor’s Podcast Network

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How House Hacking Can Help You Build Wealth Long Term

House hacking is one of the most powerful tools in my opinion that can get you there. If I go from paying $550 or $600 a month in rent to paying nothing in rent, that's an annual savings of $6,000 to $7,200 a year. Many people are doing that same type of purchasing, but buying a home outright and not having other people rent it. It has so many advantages and so few disadvantages.

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