House hacking is supplementing your mortgage, taxes & insurance (henceforth referred to simply as “mortgage”) with monthly income. While I was paying only half of my mortgage, my house was appreciating in value because I bought in a rapidly appreciating area. Learn how I did it!
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Our founder Steph decided to build a tiny house in the back of one of her investment properties. Learn how she planned, stayed on budget, and made back her investment with our Tiny House Guide.
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Rent is something you consider on a monthly basis. But have you ever done the math and realized how much you’ve actually spent on rent? Here we break down 11 years of rent spent by one person in Austin, and what would have happened if she bought a home instead.
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How did one of our founders, Steph Douglass, turn an ugly house into one of the hottest Airbnb’s in Austin’s east side that now earns her over $40k a year? Read to see her entire process, from start to finish.
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When it comes to house hacking - is there a type of home that is best? By comparing a similar size/price house and condo, we can see if there really is a better choice, and which one is right for you!
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Since moving to Austin after college in 2012, I always saw the benefit of buying a house and having roommates help pay my mortgage payment. I finally had the opportunity to do so in 2017. I renovated the home, and now make an income through Air bnb.
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These steps are a good starting place to get your wheels turning. You can research real estate investing for years and not learn as much as you will by actually pulling the trigger and getting into your first project. I wish you all the best!
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House hacking is a term coined by Brandon Turner of Bigger Pockets, my favorite Real Estate investing website. Simply put, house hacking is getting other people to pay the mortgage payments of a house you occupy. This is done by renting out the other units or rooms.
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