Got another book for y’all that’s about to drop on the scene: The House Hacking Strategy: How to Use Your Home to Achieve Financial Freedom by Craig Curelop of BiggerPockets.com – one of the best online communities for this stuff.
It doesn’t come out until next week, but I snagged a few copies for you :)
Before we get to that though, let me announce the winners of last week’s giveaway – the new “Choose FI” book. The two lucky winners there are Amy V. and Margaret – congrats guys!! Hope it shaves off a good 10 years at least from your FIRE journey!
Here’s more on this new house hacking book – though fair warning I haven’t read it as I’m not much of a real estate guy ;) I know it’s one of the top 3 routes of building wealth though, so I’m sure many of you will appreciate it! And the guy’s bio looks insane…
“The House Hacking Strategy”
By: Craig Curelop
Savvy investors have been using a little-known but clever strategy in real estate for decades… When mastered, house hacking can save you thousands of dollars in monthly expenses, build tens of thousands of dollars in equity each year, and provide the financial means to retire early. In fact, the average house hacker can turn a single-family home or small multifamily property into a cash-flowing investment. You can collect rent that completely covers your living expenses—and then some!
In this book, serial house hacker Craig Curelop lays out the in-depth details so you can make your first (or next) house hack a huge success. Discover why so many successful investors support their investment careers with house hacking—and learn from a frugality expert who has “hacked” his way toward financial freedom!
Inside, you’ll discover:
- What house hacking is, and why it’s one of the best methods for building wealth
- The different types of house-hacking strategies you can use—no one size fits all here!
- The incredible connection between house hacking, wealth building, and early retirement
- How to get started house hacking—even with low income or low savings
- Strategies to house hack with a family, spouse, or independently
- How to find the ideal house hack property—even in a competitive or expensive market
- Stories from real estate investors all over the country on their house-hacking triumphs, mishaps, and their purpose behind house hacking.
- Property-management strategies to make ownership a breeze
About the Author(s):
Craig Curelop is the Finance Guy at Biggerpockets.com, a real estate investor, and a huge believer in the Financial Independence/Retire Early (FIRE) movement. At only age 26, he has paid off over $90,000 in student loans, owns 3 cash-flowing properties, and achieved financial freedom through the house hacking method.
And then here’s the first 22 pages of the book if you want to check it out: Intro Chapter (PDF) (they’re also offering a bunch of freebies for anyone who pre-orders it which you can find here if interested – it comes out Oct 17th)
Want a chance to win a FREE copy?
Answer the following question(s) down below in the comments or via email, and I’ll randomly select *THREE* lucky winners by the end of the weekend.
Have you ever owned real estate before?! What’s been your experience so far?
I really wish I loved this stuff more, but sadly it just never sits with me well… But I’m always here on the sidelines admiring and cheering you all on! It really does make sense *logically* if your personality fits!
UPDATE: Giveaway now over! Congrats to Jarret F., Nikki G., and Camilla for winning. For everyone else, be sure to check it out at your local library or book store!! :)
Winners in the U.S. will receive the physical book, while winners overseas will receive a digital copy
Jay loves talking about money, collecting coins, blasting hip-hop, and hanging out with his three beautiful boys. You can check out all of his online projects at jmoney.biz. Thanks for reading the blog!