358: House Hacking: Live for Free and Turn Your Biggest Expense into a Profit Center

<p>What if you could make your rent or mortgage payment go away?</p> <p>Or, what if instead of paying that expense every month, your living situation <em>actually paid you?</em></p> <p>It’s not as far-fetched as it may sound.</p> <p>In fact, that’s exactly what today’s guest, Craig Curelop, has done by intentionally "house hacking" over the past few years.</p> <p>He’s even written <a href= "https://www.biggerpockets.com/house-hacking-book?utm_source=househack" target="_blank" rel="noopener noreferrer">a book on the topic</a>, and it's one I wish I’d had when I was 18 or 19! I would have definitely done some things differently.</p> <p>The basic idea is to <strong>use other people’s rents to offset, or even profit from your own housing costs.</strong> On top of that, you'll begin <a href= "https://www.sidehustlenation.com/investing/real-estate/" target= "_blank" rel="noopener noreferrer">building wealth through real estate</a> and earn tax benefits as well.</p> <p>If you have a spare room or two in your home, or you're interested in house hacking, this episode is going to get the gears turning for you.</p> <p>Tune in as Craig runs through some examples of how you can do this. Whether you’re a young professional, or you have a family of your own, you can offset some or all of your mortgage payments.</p> <p>But keep in mind, this isn’t a common path -- this is living for a period of time like others won’t -- as you’ll hear from Craig’s story.</p> <p>“Typically you’re going to sacrifice comfortability with profitability,” Craig explained to me. But <strong>living for a few years like others <em>won’t</em> has given Craig the financial independence to potentially live decades like others <em>can’t.</em></strong></p>