11d • General discussion
House Hacking
House hacking is when you buy a multi-unit property, live in one unit, and rent out the others. Rent from tenants offsets or even covers your mortgage.
Pros: Lower living costs, great beginner strategy, builds equity while reducing expenses.
Cons: Requires managing tenants and living near them, limited by local housing stock.
Would you be comfortable living next door to your tenants?
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House Hacking
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