The internet is full of “hacking tips.” I’m sure you’ve seen them, with clever tricks like storing your pancake mix in old ketchup bottles or dipping your Oreos with a fork through the frosting. Sure, those are fun little tricks – but how much do they really improve your life?
Today I want to share a “life hack” that, when properly implemented, can have a dramatic affect on your wallet and the financial destiny of your family. This is much more than simple tricks or ideas to shave five minutes off your work day.
This is epic, life changing stuff.
I’m talking about hacking your housing and living for free. I’m talking about building wealth automatically and getting paid to do it. I’m talking about buying an owner-occupied multifamily property and getting paid to live for free.
You heard me – it’s often called an “owner-occupied multifamily property” but you probably have heard other names for it, like “duplex,” “triplex,” or “4-plex.” Yes, I’m talking about the properties that have more than one unit but don’t quite fit the “apartment complex” category. There is a good chance you’ve even rented a unit in one of these places in the past or you know someone who has. They exist in every market, every neighborhood, and every price point – and by purchasing a small multifamily property, living in one unit, and renting the other units out – you can live for free and get paid to do so.
Let’s get started.
Are You Ready to Buy a Home?
When I bought my first house, I took a hammer and put a giant hole in a wall – just because I could.
You see, buying my home was exciting because it was mine. I could do what I wanted, when I wanted to – and no landlord was …read more