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House hacking is a really, really interesting idea to me. It’s a fantastic way for you to save money, reach your goals faster, and invest in real estate.
About Our Guest
Craig Curelop is a frugality master: besides sleeping on a futon in his living room while renting out his bedroom for a year, Craig also rents out his car to strangers, chooses to bike everywhere to save on gas, and loves travel points more than life itself. At only age 26, he has paid off over $90,000 in student loans, owns 3 cash-flowing properties, and achieved financial freedom through the house hacking method—which is the best real estate investing strategy for young professionals on the path to financial independence.
What You’ll Learn:
- Why Craig thinks house hacking is such a great investment
- Having 90,000 dollars of student debt and the large role house-hacking played in coming fully out of it
- Run-down of what house-hacking actually is
- Quick breakdown of how to save up for your first property and strategies for saving
- Steps to take to find good tenants
- How Craig prepares for possible physical damage to properties
- General financing for income and expenses on a house-hack
- Warning signs to look for when considering applicants
Resources
Apply for 1:1 financial coaching with me
#MoneyWin
Chris– “Had one of my biggest money wins today. After a few months of attempts, I successfully encouraged my wife to start contributing to her 401K and get that 50% match!” #moneywin
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