House Hacking: How to Live Rent Free (Seriously!)
The Personal Finance Podcast
Andrew Giancola
4.7 ⢠1.4K Ratings
šļø 26 August 2020
ā±ļø 23 minutes
šļø Recording | iTunes | RSS
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| 0:00.0 | On this episode of the Personal Finance Podcast, we're going to talk about house hacking and how you can live rent-free forever. What's up everybody and welcome to the Personal Finance Podcast. I'm your |
| 0:27.1 | host Andrew founder of Dollar After Dollar.com and today on the Personal |
| 0:32.3 | Finance Podcast we're to be talking about house hacking. |
| 0:36.2 | And this is a way that you can actually live, rent, free. |
| 0:40.1 | And if you've listened to the personal finance podcast for some time now, you understand that housing is one of the biggest expenses that you can have in your budget. |
| 0:48.8 | But what if you could completely eliminate your housing expenses? What if you could completely take that out of the equation? |
| 0:54.0 | How much more money could you save or how much more wealth could you build? |
| 0:57.6 | And that's exactly what we're going to talk about today because there's a way for you to be able |
| 1:01.2 | to actually knock out your housing expenses, |
| 1:03.5 | whether it's your mortgage, or whether it's just paying rent. |
| 1:07.0 | This is a way for you to have ownership and property |
| 1:09.7 | and also be able to live rent free. the concept is called house hacking and if you're in the |
| 1:15.8 | market to buy a home this is a fantastic option especially if you're in the market to buy a |
| 1:20.5 | starter home because this is a great way to get started into real estate, |
| 1:24.0 | and it's one of the best ways to get started into real estate investing |
| 1:28.0 | if that's something that you're looking to do. |
| 1:30.0 | And it truly is the perfect strategy, |
| 1:32.0 | and it's just something that a lot of people don't think about. |
| 1:34.8 | It's a concept that most people have never tried or they've never even thought about trying |
| 1:39.1 | because they don't know it exists. |
| 1:40.6 | But it's one of the coolest ways to begin building wealth because if you don't have a mortgage and you don't have that biggest expense within your budget |
| 1:48.0 | You're going to have tremendous growth if you put that money towards investments |
... |
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