The House Hacking Strategy: How to Use Your Home to Achieve Financial Freedom

by Craig Curelop, Brandon Turner (Foreword by)

Overview

The average American household spends close to 33% of their income on housing expenses. With house hacking, you can save that money or even earn a profit!

If you live in an expensive housing market or want to start investing in real estate, house hacking is a time-tested wealth-building tool and the quickest way to become a real estate investor. By renting out your primary residence, you can save thousands of dollars in monthly expenses, build tens of thousands of dollars in equity each year, and reach financial independence in record time.

From finding the perfect property to mastering the intricacies of funding, serial house hacker Craig Curelop uncovers how you can start building your real estate portfolio with this beloved method used by the most successful investors. Kickstart your real estate journey so you can “hack” your way to financial freedom!

After reading, you will:

Understand how house hacking will help you build wealth toward early retirement

Jumpstart your real estate investing journey, even with low income or minimal savings

Choose a house hacking strategy customizable to your lifestyle and needs

Find your ideal house hack property, even in a competitive or expensive market

Learn from the triumphs and mishaps of experienced house hackers in every market

Understand how to successfully manage your property as a primary residence

Set the foundations to scale your real estate business from one house hack to the portfolio of your dreams

Product Details

ISBN-13:	9781947200159
Publisher:	BiggerPockets Publishing
Publication date:	10/17/2019
Series:	Financial Freedom , #3
Pages:	200
Sales rank:	368,097
Product dimensions:	6.00(w) x 8.90(h) x 0.80(d)

About the Author

Craig Curelop is a real estate investor, author, and a huge believer in the Financial Independence Retire Early (FIRE) movement. He started with a negative net worth in 2016, but between sleeping on the couch and renting out his personal car, he was able to save the money he needed to invest in two Denver house hacks and a BRRRR property in Jacksonville. He officially reached financial freedom in 2019, yet he continues his search for ways to optimize his life from a time and money perspective. As seen in The Denver Post, BBC, and his own book The House Hacking Strategy, Craig hopes to inspire the masses to grab hold of their finances. He currently lives in Denver, CO, where he enjoys biking, snowboarding, and hanging out with friends and family.

Brandon Turner is an author, entrepreneur, and active real estate investor with more than 500 rental units and dozens of rehabs under his belt. He is the Vice President of BiggerPockets, co-host of The BiggerPockets Podcast, and author of four books, including The Book on Rental Property Investing and How to Invest in Real Estate. Brandon has also been featured in numerous online and print publications—like Forbes.com, Entrepreneur.com, and Money Magazine—where he enjoys showing others the power and impact of real estate investing and financial freedom. A life-long adventurer, Brandon (along with his wife and daughter) splits his time between his home in Hawaii and various other destinations around the globe.

Table of Contents

Foreword by Brandon Turner

Introduction

Chapter 1 | The Power of House Hacking

Chapter 2 | The Basics

Chapter 3 | Where to House Hack

Chapter 4 | Assembling Your Team

Chapter 5 | Financing

Chapter 6 | How to Find Deals

Chapter 7 | Analyzing Deals

Chapter 8 | Making the Offer and Going Under Contract

Chapter 9 | Marketing the Property

Chapter 10 | Screening Tenants / Roommates

Chapter 11 | Tenant Due Diligence

Chapter 12 | Managing the House Hack

Chapter 13 | Frequently Asked Questions

Chapter 14 | Conclusion: Do it Again

What People are Saying About This

From the Publisher

"House hacking is a real estate strategy that every investor should know, especially those who want to become financially free as early as possible. If I had known about house hacking when I was getting started, I could have jump started my financial trajectory faster."
—Joe Fairless, Co-founder of Ashcroft Capital and co-host of The Best Real Estate Invest Advice Ever Podcast

“House hacking has the power to forever change your financial position in life, and this book is your roadmap to getting there.”
—Brandon Turner, #1 bestselling author of The Book on Rental Property Investing

“House hacking is simply the best tool available to middle-class Americans that want to drastically improve their financial futures. Craig just wrote THE book on this subject. If you purchase a house hack by applying this book’s principles, you have an extraordinary probability of becoming a millionaire within the next ten years. Maybe five!”
—Scott Trench, CEO of BiggerPockets.com

"Whether you’re someone who wants nothing to do with real estate, someone who has been investing for decades, or are anywhere in between, house hacking is an opportunity for you to get paid to own your home! In The House Hacking Strategy, Craig guides you through the journey of your first (or next) house hack in a way that anyone can understand and profitably put into practice."
—J Scott, Co-host of The BiggerPockets Business Podcast and author of The Book on Flipping Houses

"House hacking is the perfect first leap toward real estate success, and this book is your perfect one-stop guide to all things house hacking. With pages of practical tips and actionable advice, Craig makes it easy to learn how to eliminate that pesky housing expense and use those savings to thrive early in life."
—Mindy Jensen, co-host of the BiggerPockets Money Podcast