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House Hacking Part 2: 3 Proven Options That Generate Income, Helping You Reduce Mortgage Costs
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In this episode, Kristina and Steph dive into three proven house hacking options: investing in a duplex/triplex/fourplex, buying a single-family home, or adding a tiny home to your property.
We'll guide you through each strategy, emphasizing how they can align with your personal values, such as privacy. Whether you're drawn to the idea of a "live-in flip" for profit or renting out spare rooms for added income, this episode offers insight to help you choose the path that resonates most with your goals and lifestyle.
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Comments, suggestions or feedback? Email us at podcast@openhouseaustin.co
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Please stay tuned for more episodes every Tuesday, and subscribe so you don’t miss them! You can find us on Spotify, Stitcher and Apple Podcasts.
Related Resources
- Blog post: "House Hacking: 3 Strategies Every Homebuyer Should Consider"
- Blog post: "What’s a Sneaky Duplex? How To Generate Income from A Private Room in Your Home"
- Blog post: "Our 2023 First-Time Home Buyer Stats (Want to Buy a House in 2024? Read This!)"
- Blog post: "5 Questions You Should Ask Your Mortgage Lender In This Real Estate Market"
- Connect with a Realtor - Austin-area experts with experience house hacking, buying with friends, tiny home construction, and renovations
- Join our Creative Home-Buying & Wealth-Building For Women Group - it's free, and we meet up regularly; you're welcome to pitch yourself to other members via the Facebook Group or at an in-person meetup
- Sign up for our next "How to Buy a House in Austin" Workshop
- First-Time Home Buyer Mini-Course
- Homeschool on YouTube!!!
- Take our "Are You Ready to Buy a House?" Quiz
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