House hacking is a real estate investing strategy where you create income from a property you're living in.
In this class you'll learn:
- The difference between house hacking and the Nomad™ real estate investing strategies
- Why you need to use an appropriate/special lease and create house rules when house hacking
- How to maximize cash flow by optimizing income from the property and minimizing expenses
- What special keywords should you be looking for to find the best house hacking properties when you're buying
- How analyzing deals changes when you're house hacking
- What you need to know about insurance when house hacking
- How to comply with local occupancy laws
- How to limit liability and reduce risk by making sure you implement these health and safety tips
- Financing tips when house hacking including how to use house hacking income to qualify for additional property purchases
- An unlikely reason why you should always report income from your house hacking (and not just because it is the law)
- How fair housing laws impact your house hacking and what you can and can't do under the current law
- The pros and cons when selecting the level of quality in your house hack
- Why and how combining house hacking and Nomad™ can be a powerful 1-2 punch
Duration: 2 hours
Recorded: March 4, 2021
Instructor: James Orr
