BiggerPockets Real Estate Podcast 4 Cities Where You Can Live for Free in 2025
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Jan 31, 2025 Join Craig Curelop, author and house hacking expert, and Austin Wolff, data analyst at BiggerPockets, as they unveil four US cities where you could potentially live for free in 2025. They dive into the power of house hacking, discussing how it can drastically cut living expenses. The duo examines promising markets like Chattanooga and Indianapolis, weighing job opportunities against home prices. Listen in for invaluable insights on navigating real estate investments and practical tips to achieve financial freedom while enjoying life.
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House Hacking Basics
- Buy a multi-unit property (1-4 units) with a low down payment (3-5%).
- Live there for at least a year and rent out the other units to offset your mortgage or live for free.
Craig's House Hacking Journey
- Craig Curelop describes his house hacking journey, starting with living behind a curtain while renting his bedroom on Airbnb.
- He gradually increased his comfort level with each house hack, eventually owning a home with an ADU.
Market Selection Importance
- House hacking isn't feasible in all markets, especially with rising prices and higher mortgage rates in some cities.
- Consider moving to a more affordable market to make house hacking work, advises Austin Wolff.
