How To Get Started With House Hacking To Build Real Estate Wealth

The College Investor Audio Show · Apr 8, 2018 · 16m

On average, Americans who build any wealth, do it by owning their own home. In the long run, owning a home is usually better than renting for life. However, if you’re willing to “house hack,” owning a home could catapult your net worth immediately.

Broadly speaking, house hacking is the art of having tenants pay for your primary residence. You can do that by renting out a spare bedroom on Airbnb, by living in one part of a multi-unit property, or by living with roommates.

For example, my best friend bought a 4 bedroom house when he started in college at Arizona State University. He lived in…