One of the BEST ways to begin investing in real estate and lowering your housing costs is what I call “House Hacking” — buying a multi-family property, moving in one of the units, and renting out the others to pay for your living costs. Here’s how I do it - enjoy! Snapchat/Instagram: GPStephan
Join the private Real Estate Facebook Group:
https://www.facebook.com/groups/therealestatemillionairemastermind/
For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at GrahamStephanBusiness @gmail.com
Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq
Favorite Credit Cards:
Chase Sapphire Reserve - https://goo.gl/sT68EC
American Express Platinum - https://goo.gl/C9n4e3
Join the private Real Estate Facebook Group:
https://www.facebook.com/groups/therealestatemillionairemastermind/
For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at GrahamStephanBusiness @gmail.com
Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq
Favorite Credit Cards:
Chase Sapphire Reserve - https://goo.gl/sT68EC
American Express Platinum - https://goo.gl/C9n4e3
Thank you! I love your videos.
Great content!
Thanks for sharing your knowledge.
You're greedy and exploiting the tenants who work hard for their money just so you can live for free! Get an actual job you lazy leech and contribute to society.
– poor idiots
Damn, so how much were getting paid a month ? whats ur income ? maybe thats why it was much easier for you to do it lol
So does it make more sense to outright buy (I have the cash) a duplex and then rent out one side?
Or should I get a mortgage from a bank and use the money I receive renting out one side to pay off the mortgage? It seems like using debt is the better option.
Grisham your insane man thank you for all this knowledge you give if for free
Graham, i enjoy your video and recommend you to a lot of people. But one person claims that house hacking doesn't work for single parents because she felt that it's hard for them to save for the downpayment. I told them that you have house hacking types for everyone.
"now if you can reduce what you spend your money on and also increase your income, you can start saving and investing money" genius
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"House Hacking", aka taking advantage of others by overcharging them on rent. This guy is cringe AF for thinking that being scummy makes him smart
That’s angle and lighting is scary
Totally valid approach but you can't just exclude the capital re-payment portion of your mortgage and not factor in the opportunity cost of otherwise investing the equity that is already in the home. You can stretch that example to an entirely paid off mortgage and reason that you live there for free. It's like the meme "If you are homeless… just.. buy a house!?" = Worldwide Homelessness Solved!
Does anybody know what percent of mortgage interest, insurance, HOA and other expenses you can write off? I'm sure it's not 100% but I cannot find exact number
Oh how we’ve grown
What sort of contractor(s) have you hired for your projects? Been wanting to change careers and want to get a skill that would help me when I eventually own a duplex
do another video on house hacking!! love the real estate videos. being new to the space, your information is incredibly valuable. thank you!
I did this and people called me ridiculous. Then I realized I'm with a wrong group of people. LOL
I’m curious how are you supposed to know when property values go up
Over charge renters and keep money all to yourself? Gross
💕knowledge.
Can you do this when building a home or does it have to be a renovation project that you move into?
Wow hahahah I like you 😂👏🏻
i use my neighours wifi, is this house hacking ?
Can you continue to give my in for on house hacking for me I have reduced my expenses by 75percent
Hi Graham ,love your commentary on house hacking. For 11years I have been house hacking and every year giving my self a raise. I have three bedroom Townhouse in Toronto Canada had to make some money after I got divorced.
Grahammmmm we miss this kind of videos!!!
Graham, this is exactly what I want to do. Live for free so I’m not a wage slave. But can you do a risk analysis of owning so many rental properties? This is the only fear I have which is stopping me from committing fully to the plan.
I prefer Tent Hacking lol
Your jokes have improved very much over the years 😂