What Is “House Hacking”?
What Is “House Hacking”?
Have you heard of “house hacking”? With this real estate investment strategy, homeowners use their property to generate income that helps cover expenses.
Examples of house hacking include:
Renting out an accessory dwelling unit, like a casita or granny flat
Getting a roommate or listing a room on Airbnb
Leasing out a parking space in your driveway or garage
Turning your yard into a pay-by-the-hour dog park
Renting out access to your pool
If you’ve been struggling to afford a home, house hacking could be the solution!
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