Are you one of the many Canadians looking to get into real estate this year? House Hacking may just be your way in!
What is House Hacking?
The process involves renting out a portion of your primary residence to generate income. This income now pays for the expenses associated with owning a home—for example, mortgage, property fees, etc.
With House Hacking, a beginner investor can potentially live for free or even generate extra income throughout homeownership!
Not bad, eh?
Many young and successful investors today, started with this strategy even before the name was coined. This gave them the confidence they needed to launch into real estate investing fully.
How did they do it? How can you too, do it?
Watch this video to find out how you can get into the real estate investing game with House Hacking!
FREE INVESTOR TRAINING
Want to get started investing in real estate? Hit the button to register for our FREE real estate investing class, where you’ll discover:
How to effortlessly evaluate profitable basement suite conversion properties.
How to identify and avoid money pits and rookie mistakes.
How seasoned investors are taking cash out of one property to purchase another.
And so much more.CLICK HERE to sign up for FREE now.
Author: Erwin
Erwin has been investing in real estate since 2006 and is a highly decorated investor and realtor. His list of awards and accomplishments includes:
• FOUR time consecutive finalist for the Michael Millenaar Memorial Award and 2013 WINNER for his leadership and contribution to the Real Estate Investment Network community.
• TWO time finalist & 2015 WINNER for Realtor of the Year for Ontario by the Real Estate Investment Network
• TWO time finalist & 2016 WINNER for Real Estate Agent of the Year by Canadian Real Estate Wealth Magazine
• REIN™ Ambassador (Endorsed Realtor by REIN™)
• Silver award recipient by the Real Estate Investment Network
• 2013’s Top Player Award by the Real Estate Investment Network
• Regular contributor to REIN™ Real Estate Report and Canadian Real Estate Wealth Magazine
Erwin has owned and still owns numerous investment properties: single family, renovate and hold, multi-family, multi-family conversion, and student housing. He left his corporate job at “Big Blue†to pursue his passion as an entrepreneur in investment real estate. He’s been featured in the Hamilton Spectator and been a guest speaker at several investment networks and has coached numerous successful real estate investors by focusing on economic fundamentals and financials.
