House Hacking: Now Is The Best Time To Start
Abstract
House hacking is where you leverage the home you live in by renting out some portion of the property to generate income and offset your monthly mortgage payment. It's not stress-free, but there's a substantial economic impact that could pay for years to come. Buy a duplex, triplex, live in one of the units and rent out the others. Set up a short-term rental (STR) through popular platforms like Airbnb and VRBO. Buy a long-term rentals.
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