95: The House Hacking Strategy with Craig Curelop

One of the most commonly asked questions in the BiggerPockets Forums is “How do I get started investing in real estate with no money?” Craig Curelop has the perfect answer to this question - House Hacking! Craig shares his own story of three house hacks - and counting! We dive into the numbers, look at what makes a good property to house hack, and even talk about the different ways to hack your housing. Craig also shares ways he dealt with people who didn’t understand what he was doing - including his family and most of his friends.  Craig even shares his biggest house hacking mistake - how not following his tenant screening protocol led to a terrible experience. If you’re thinking about jumping into house hacking, this episode lays it all out. In This Episode We Discussed:Craig's journey with house hacking Craig's numbers on his first house hackWhat PMI isCraig's PMI monthly paymentHow he leverage his first house hack into the second house hackCraig's numbers on his second house hackThe importance to consider the occupancy lawHow he bought his third house hackCraig's numbers on his third house hackHow he managed all his rentalsHow to find a property managerThe idea of sacrificing comfortability and profitabilityAdvantages on house hackingWhat kind of property makes for a good house hackOn luxurious house hackGetting pushback about house hackingCraig's biggest house hacking mistake and how to prevent itThings that is important when it comes to house hackingAnd SO much more!Links:BiggerPockets Money Podcast 35: Hacking Your Life to Live for (Almost) Free with Craig CurelopBiggerPockets Podcast 244: “Unfair” Taxes and Unfair Advantages with Linda Weygant, CPABiggerPockets Podcast 350: How to House Hack Your Way to Financial Freedom in 3 Years with Craig CurelopBiggerPockets Money Podcast 02: An All-Out Approach to Financial Independence at an Early Age with Scott TrenchBiggerPockets ForumsBiggerPockets BlogTenant Screening: The Ultimate Guide