House Hacking: How To Live For Free (or almost)
In this video I break down how I went from paying $1,100 a month in rent, to having tenants help pay for an asset that I own. I will explain how I got into real estate investing, how I purchased first property, how I find and pick my tenants, and how I run my numbers.
For some insight: I own a 2 unit building where I live in the top unit and I rent out the bottom unit.
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Disclaimer: The example I use in the episode are made-up numbers to show you what things to consider and calculate when running your numbers. Do your own due diligence to make sure your numbers are as accurate as possible. Also keep in mind these numbers reflect only one rent amount each month, since the owner would be occupying the other unit.
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