Househacking: Learn How to Live for Free!

Participants will gain insight into mastering the art of house hacking, including topics such as:

1. Financial Benefits: Understanding the financial advantages of house hacking, including how to reduce or eliminate housing expenses, generate rental income, and build equity through real estate investments.
2. Logistics of House Hacking: Exploring the different methods of house hacking, such as renting out spare bedrooms, converting basements or garages into rental units, or utilizing multi-family properties for owner-occupied rental purposes.
3. Property Selection: Learning how to identify suitable properties for house hacking, including factors such as location, property type, size, and potential rental income.
4. Creative Financing Options: Exploring various financing strategies tailored to house hacking, such as FHA loans, VA loans, conventional financing with low down payment options.
5. Tenant Screening and Management: Understanding best practices for tenant screening, lease agreements, and property management to ensure a positive rental experience while minimizing risks and maximizing returns.
6. Legal and Regulatory Considerations: Familiarizing oneself with local housing laws, zoning regulations, landlord-tenant laws, and other legal considerations relevant to house hacking.
7. Long-Term Wealth Building Strategies: Discussing how house hacking can serve as a stepping stone towards achieving long-term financial goals, including wealth accumulation, retirement planning, and real estate portfolio growth.
8. Success Stories: Analyzing real-world examples and success stories of individuals who have successfully implemented house hacking strategies to achieve financial independence and housing affordability.

By the end of the class, participants will have the knowledge and confidence to embark on their own house hacking journey, leveraging real estate as a powerful tool for achieving financial freedom and living expenses.

Drinks & light bites will be provided!

Hosted by Mortgage Broker Jessica Khani and Real Estate Agent Mackenzie Page