What is House Hacking?

Question

I keep reading the term House Hack. Can someone elaborate or point me in the right direction to understand what house hacking means?

Nicholas L. · Answer

@Rudy Garcia III

House Hacking: What Is It, How to Start, and Strategies for Success

Kenneth Williams · Answer

House hacking is when you are using one unit or property to create multiple units. So for example. We took a duplex that had an attic and we turned it into an efficiency unit. Does that make sense?

Wale Lawal · Answer

@Rudy Garcia III

House hacking is a strategy where you buy a property, live in one part of it, and rent out the rest to offset your mortgage and expenses. This can be done with a multi-family home, a single-family house with roommates, or even an accessory dwelling unit (ADU). The goal is to reduce or eliminate your housing costs while building equity and generating passive income. If you're looking for resources to dive deeper into house hacking, check out books like The House Hacking Strategy by Craig Curelop or BiggerPockets forums.

Good luck!

Rudy Garcia III · Answer

Appreciate the feedback @Nicholas L. and @Kenneth Williams. Turns out I did know what House Hacking is, just didn't know the lingo. Thanks again!

What is House Hacking?

Most Popular Reply