House Hack to live for FREE Investing In Real Estate! (MUST WATCH!)

📈💰Ultimate Stock Market Portfolio with Automated Dividend Income Tracker: https://cointocapital.com/product/ultimate-personal-finance-spreadsheet/ First Time Home Buyer Plan Video: https://youtu.be/rjhHkdFlPas Housing is by far one of the largest expenses in most people's budgets, reaching up to more than 50% for many individuals. While purchasing a home as a primary residence can be extremely expensive and produce recurring costs to the owner, one way to offset these costs is to invest in multi-family housing. This allows you to offset the costs of your mortgage, insurance, property taxes, etc. by charging tenants rent in your available units. Today's video breaks down the calculations required to properly assess if a multi-family home would be suitable to house hack as an investment property. By utilizing this house hacking method, you'll be able to save thousands of dollars per month on housing, build equity in your property, and benefit from tax deductions. What's more, is that once enough equity is built in your property, you can pull the funds out to place into another cash flowing property! Let's grow together! Thank you for liking this video and subscribing to the channel if you benefit from the content :) 🎥 Other Videos on the Channel!: Investing Basics Part 1: https://youtu.be/LynZBPj6nfI Dividend ETF video: https://youtu.be/-02O4wkDFo4 Dividend Stocks: https://youtu.be/i1U6zOjYE9g Dividend REITs: https://youtu.be/mvPccYdIOM4 📚 Resources I Use and Recommend: ✅ Open a Mylo Account and get $5 FREE!: https://go.mylo.ai/R7iW4B9LOX ✅ Open a Wealthsimple Trade account and deposit $100 to get $5 free!: http://bit.ly/wealthsimple-trade-griffin ✅ Open your own Wealth Simple account today and get $10 000 managed for free: https://wealthsimple.sjv.io/KY7mN 📚Books I recommend (Canadian Listings): Rich dad poor dad: https://amzn.to/34mFYpn Millionaire Fastlane: https://amzn.to/2rm9v47 Unscripted: https://amzn.to/34gTw5M Intelligent Investor: https://amzn.to/2KOzQi3 Real Estate Investing: https://amzn.to/35yoSoH Real Estate Retirement plan: https://amzn.to/2Dsu0ip Mindset: https://amzn.to/33n7lhM Audible: https://amzn.to/2DfgqPh Books I recommend (American Listings): Rich dad poor dad: https://amzn.to/2pP0lwn Millionaire Fastlane: https://amzn.to/33id3Bx Unscripted: https://amzn.to/2KRaP5W Antifragile: https://amzn.to/2KRaP5W Real Estate Investing: https://amzn.to/2Ojgqnn Mindset: https://amzn.to/37vNCzI Disclaimer: This video contains affiliate links, meaning that if you click on a product link I may receive a commission at no additional cost to you. I do not promote products, services or companies I have not personally used or those which I do not recommend. All opinions are my own. Music: https://www.youtube.com/watch?v=8QgbdivnDDs