You often hear about house hacking as a means to an end, a simple way to start your real estate journey, but what if it could be more? What if house hacking could be your ticket to financial freedom? Today’s guest, Craig Curelop, author of “The House Hacking Strategy”, shares how he reached financial freedom through house hacking and how to follow along in his footsteps.

Craig started where most do, hating his W-2 and working too much. He began researching how to earn a passive income and came across BiggerPockets. Within six months, Craig started working at BiggerPockets, moved to Denver, and decided to start living his life the way he wanted. Using his house hacking strategy, he went from being $30,000 in debt to financial freedom in two and a half years.

Before you get into house hacking, you need to understand the basics, and today Craig breaks them down. He goes over the different ways to house hack and its advantages and disadvantages. Craig also talks about how to live with your tenants and the boundaries needed for your ideal house hacking situation. Craig paints the whole picture so you can make an informed decision and decide if house hacking is the way for you to become financially free too (or at least build more passive income)!

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Join the Real Estate Rookie Facebook Group:
https://www.facebook.com/groups/realestaterookie
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Read “The House Hacking Strategy” & Start Your House Hacking Journey Today:
https://store.biggerpockets.com/products/the-house-hacking-strategy?utm_source=youtube&utm_medium=description&utm_campaign=none
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An Intro to House Hacking—Here’s How I Get Paid to Live for Free:
https://www.biggerpockets.com/blog/house-hackingcase-study?utm_source=youtube&utm_medium=description&utm_campaign=none
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5 Tried & True Tips to Succeed as a New Landlord:
https://www.biggerpockets.com/blog/successful-landlord?utm_source=youtube&utm_medium=description&utm_campaign=none
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The Landlord’s Ultimate Guide to Collecting Rent:
https://www.biggerpockets.com/blog/how-to-collect-rent?utm_source=youtube&utm_medium=description&utm_campaign=none
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Use RentRedi to Collect Rent On Time & Organize Your Management Software:
https://rentredi.com/biggerpockets
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Follow Craig on Instagram:
@thefiguy or https://www.instagram.com/thefiguy/
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Check Out Craig’s Website to Learn More About His Journey:
https://www.thefiteam.com/buydenver
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Listen to Craig’s Podcast & Learn Different Ways to Reach Financial Freedom:
https://invest2fi.com/
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Connect with Craig on BiggerPockets:
https://www.biggerpockets.com/users/craigcurelop?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Ashley and Tony on BiggerPockets:
Ashley: https://www.biggerpockets.com/users/echopm?utm_source=youtube&utm_medium=description&utm_campaign=none
Tony: https://www.biggerpockets.com/users/tonyr75?utm_source=youtube&utm_medium=description&utm_campaign=none

Episode 195

Show notes at: https://www.biggerpockets.com/blog/rookie-195?utm_source=youtube&utm_medium=description&utm_campaign=none

00:00 Intro
06:10 Leaving His W2 & Getting Involved w/BiggerPockets
09:11 House Hacking 101
13:52 The Different Types of House Hacks
17:01 The Disadvantages of House Hacking
18:21 How to Screen Tenants & Set House Rules
27:19 Collecting Rent & Maintaining Landlord Boundaries
32:23 Tips for House Hackers
34:27 Reaching Financial Independence
39:23 Rookie Deal Review
43:19 Rookie Exam
45:30 Rookie Rockstar