House Hacking Success (@househacking) 's Twitter Profile
House Hacking Success

@househacking

Learn to live for free and gain financial freedom through real estate!🏘💸

ID: 1188157646819545090

linkhttps://househackingsuccess.com/links calendar_today26-10-2019 18:17:23

424 Tweet

541 Followers

59 Following

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Them: Don’t become a landlord, the tenants will probably trash your property and you’ll lose money Me: I screen my tenants thoroughly to make sure I only accept people that will pay on time and take care of the property like it’s their own

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You just unlocked free rent by following these steps: ✅ Buy a 1-4 unit home using many of the 0-5% down payment loans ✅ Rent out the extra rooms/units ✅ Use the rental income to cover your mortgage payment ✅ Enjoy never paying rent again

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2 tools that make property management easier: 1️⃣ Calendly - can be used to pre-screen potential tenants and schedule showings. It sends email or text reminders to reduce no shows. 2️⃣ RentRedi - can do everything a landlord needs from sign leases online to accept rent payments

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Buy now, refinance when rates go down. When rates drop it will be more competitive and a property purchased now will probably increase in value if rates drop.

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Two ways real estate can pay off your student loans and car loans: ✅The cash flow from your rental properties covers the student loan or car payment for you, gradually paying down the loan ✅Selling a property after it has appreciated enough in value to cover the remaining

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Here’s a real estate scenario: 1. Buy a home for 5% down and rent out the extra bedrooms to cover your mortgage. 2. Repeat two more times but convert the recent house to a full time rental when you move out. 3. Sit and wait while your tenants pay down your mortgages 4. Become