About this episode
Main Aspects to Consider When House Hacking
If you have been following my podcasts you know that recently, my wife and I purchased a farm. Currently, we are rehabbing the main house with plans to rehab the barn for an antique shop business and add three to five Airbnb’s on our property. Our plan for this property is a modified House Hack; a meld of rental property with a home residence.
In this episode, I am going to go through the not so obvious aspects of house hacking. I will break that down into two categories; financial and lifestyle. There are so many pros to share with you about this type of lifestyle.
Stick with me on this as I lay out the positives. In addition, I share an example of the numbers, how money is really time, and how house hacking will cut the number of work hours you need to complete by 75%! Enjoy!
- Learn what it means to house hack
House hacking is beneficial to personal finances
See how your cost of living can be covered
Learn the tax benefits
Saving a dollar is more than a dollar earned
How to avoid giving up your lifestyle
STR can be set up and automated
Purchas a nicer house due to STR benefits
Work hours are decreased
Payment of other household expenses
Links
Green Vet Homes Website - https://www.greenvethomes.com/
Living Off Rentals Facebook Group - https://www.facebook.com/groups/LivingOffRentals/
Living Off Rentals YouTube Channel - https://www.youtube.com/channel/UCRpWXe2mWqBm5vvbO2R2AdA?sub_confirmation=1
Living Off Rentals Website – www.livingoffrentals.com