Manage episode 306327118 series 2919954
Life is like a gift, you need to open the wrapper to see what surprise is waiting for you.
After reading and preparing for eight months, Bishara Mubarak finally pulled the trigger and successfully house hacked. He analyzed over a hundred properties and stop being scared to take action.
Bishara managed to convince his fiancee to house hack using simple calculations of risks and rewards. He had enough data that she eventually agreed and jumped on board towards living a rent-free life. This first house hack helped him save over 90% of their budget, which they used for their dream wedding.
Though house hacking has risks, if you do enough preparation and study what risks you will encounter, like tenants not paying, etc, you'll be able to tide through them. You might not even have to go through that if you do proper tenant screening and get to know your potential tenants more.
Congratulations to our new house hacker who just bought their freedom back.
Learn more about house hacking and you could be the next one!
Podcast Episode 65
- Rentometer - Rentometer lets you analyze rent on your property!
- RentRedi - Manage your property with this property management software. Use code "SUCCESS" to get 50% off!!