In this video, I discuss some tips to buy a duplex or triplex and live in one unit and rent out the others. This strategy is known as house hacking. [1:00] Overview of house hacking [2:29] #1 Focus on the neighborhoods that have the supply of multi-families [4:26] #2 Check out tenant-occupied properties [5:30] #3 Look for homes that do not need major repairs [6:58] #4 Look for a property with separate utilities [7:50] #5 Run the numbers on the investment over the long term [9:14] Tip to avoid lender surprises
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