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House Hacking 101: How to Win at Monopoly While Living for Free

Last updated: September 24, 2024 2:55 am
Published September 24, 2024
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In this episode of the State 48 Homeowner podcast, we dive into the world of house hacking—a powerful real estate strategy that allows you to live for free while building wealth. Our guest, Dan Shelhamer, shares his personal journey of turning a house hack into a thriving real estate portfolio. Starting with just a single-family home and three roommates, Dan built a portfolio of eight doors in a short period of time. We break down two common models of house hacking:

● The Duplex/Fourplex Model – How to live in one unit and rent out the others without sharing your living space.
● The Single-Family Residence Model – Rent out extra bedrooms to cover your mortgage, as Dan did in his first house hack.

AUDIO:

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The post House Hacking 101: How to Win at Monopoly While Living for Free first appeared on State 48 Homeowner.

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