House Hacking

House Hacking vs Nomad™

House Hacking vs. Nomad™ Real Estate Investing: An In-Depth Comparison Real estate investment strategies are as varied as the investors who employ them, each offering unique benefits and challenges. Today, we’re diving into two popular strategies: House Hacking and the Nomad™ Real Estate Investing Strategy. Whether you’re a seasoned investor or just starting, understanding these strategies can be a game-changer for your portfolio. What is House Hacking? House Hacking involves purchasing a multi-unit property, living in one unit, and renting out the others. This strategy can significantly reduce or even eliminate your living expenses, allowing you to save more towards … Read more

Ep 19: Norm and Norma Buy 10 Nomad™ Properties with House Hack Roommates

Pro Tip: Listen to the podcast below and while you’re listening follow along with the charts below. Then, when you’re done, copy the  Scenario to your own Real Estate Financial Planner™ account to change any of the assumptions. Welcome to the Real Estate Financial Planner™ Podcast. I am your host, James Orr. This is Episode 19. Today we’re going to continue with  Norm and Norma’s story. In the last episode, we went on a tangent and discussed the impact of requiring more reserves before buying additional properties for  Norm and Norma when Nomading™. In this episode, we’re going to talk … Read more

10 House Hacking Tips and Tricks for Real Estate Investors

Interesting in learning about house hacking? How about the top 10 tips (plus a couple bonus tips) on house hacking? Follow James in this special class recorded on March 4, 2021. House Hacking versus Nomad™ House hacking is different than Nomading™. They can overlap… you can house hack while you Nomad™ or Nomad™ while you’re house hacking, but they are distinctly different. House hacking has you rent out part of the property you’re living in. That could be buying a duplex, triplex or fourplex as an owner-occupant and renting out the other units. But it can also mean getting roommates. … Read more