Real estate investing for beginners.

Househacking is the concept of "living for free" or partially for free. In this video we cover what I've learned from house hacking for two years, methods to live for free through real estate investing, and a beginner's guide to living rent free.

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real estate inquiries: ChrisDandreaRealtor@gmail.com

Here's a quick break down on house hacking

1. Traditional home hacking - buying/owning the property, living there, and finding a way to rent out part of the home. This will cover partial if not all of your living expenses. Once you factor in cash flow, principal pay down, tax benefits, and appreciation.. you turn your home into a side hustle.

2. Rent hacking - basically getting roommates. This is good if you're just starting out and you're not committed to buying a home yet. You benefit with the strategy of subletting other rooms in the rental. You become the landlord. And the benefit is your personal, out of pocket expenses, will be significantly less.
And you get creative like renting out the garage or a parking spot.

3. Creative mode - Living in a camper on a property, living at home with parents and pet sitting the majority of your time at other peoples houses, or if you're in college you could become an RA (resident assistant) and have reduced housing expense that way.

Conclusion: There's countless variations of house hacking, but overall the purpose of this video is to help get you started on the journey of financial independence, real estate investing, and lifestyle design.

Timestamps:
0:00 House hacking:
0:17 Single Family Home
0:42 Camper Method
1:17 ADU Method
1:51 Multifamily Home
2:19 Garage Method
2:59 Mixed-Use Building
3:27 Business ideas
3:55 Rent Hacking
4:26 Paid/Travel Petsitting
4:49 Resident Assistant
5:06 Tools To Manage Rental
5:58 Where To Buy
6:41 Ethical Landlord
7:27 Benefits of Owning Real Estate
8:21 Downsides
9:06 Repairs
9:56 Creating a Lease
10:19 My House Hack Math
11:20 Renting vs Owning

This video is no shape or form financial advice, it is strictly intended for entertainment purposes only.

Disclaimer: You are not guaranteed to make the same financial returns as mentioned in this video. I am not a financial advisor. The research in this video is correct as of the time of posting. Always do your own research before making any investment decisions. This video is not sponsored or endorsed, the opinions in this video are based off my research and personal investment strategy.

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*Some of the links and other products that appear in this video are from companies which Chris D'Andrea will earn an affiliate commission or referral bonus. Chris D'Andrea is part of an affiliate network and receives compensation for sending traffic to partner sites.

Thanks for watching! :)

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