What if you could live in your home while someone else pays the mortgage? That’s the idea behind house hacking.
House hacking refers to living in a home or multi-unit property while renting out part of it. Dedicated house hackers say it’s a great way to lay the foundation for a real estate empire—one that can catapult you to financial freedom. But will it work for you?
That’s what we’re exploring in this week’s podcast.
As usual, host Stacy Johnson is joined by financial journalist Miranda Marquit. Listening in and sometimes contributing is producer Aaron Freeman. This week’s guest is Robert Leonard, the author of “The Everything Guide to House Hacking.”
Remember, even though we sometimes talk about specific investments in our podcasts, don’t take them as recommendations. Before investing in anything or making any money moves, do your research and make your own decisions.
You can watch this episode below, or if you’d prefer to listen, you can do that with the player at the top of this article or download the episode wherever you get your podcasts:
What is house hacking?
In this episode, we talk about house hacking and the different forms it can take. From buying a home and living in it while you fix it up to purchasing a multi-unit property and living in it while your tenants pay the mortgage, there are different ways to get more…
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