House hacking strategy

[Sela Flynn]

i am currently in a real estate investments course at my university. originally i was planning to do a house hack in the Dallas, TX area upon graduation. recently, my professor brought to my attention the cycle span of the real estate market and how an investors goal is to buy when it breaks the low and sell before it hits the high. with all the commotion in the dallas market, i'm not sure if from an investing stan point if its a good time. but from a house hacking stan point, i still think they're are plenty of property's where the numbers could make sense. anyone with previous house hacking experience have any insight on this??

[Conner Olsen]

@Sela Flynn House hacking is a 'hack'. A huge benefit of it is reducing your living expenses. Buying low and selling high is the overall goal, but if the property cash flows you can hold onto it forever. If you buy a house and you make $1,000/month in cash flow and the property price drops by 20% who cares? You can hold onto it until the price goes up while still making that cash flow.