House Hacking for Real Estate Wealth: A Path To Success w/Michael Lombardi #245

Real Talk With Gary - Real Estate Investing · Feb 15, 2024 · 52m

#245: Michael Lombardi - House Hacking for Real Estate Wealth: A Path To Success

Michael Lombardi was a house hacker before he'd ever heard the term! He realized that by buying a property with rental income, it would cost him less to carry the property than if he'd bought a cheaper property and was the only resident. His journey began in 2016 in Toronto, purchasing a house and adding 3 units to it. He currently owns 7 properties, and he and I discuss how house hacking works, what strategies to use, what to look for in a property, his mindset and daily activities to stay focused, the current…