![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/654436/small_1621494778-avatar-jasonm216.jpg?twic=v1/output=image&v=2)
1 June 2017 | 9 replies
Well, unless the company you bought it from goes bankrupt, which is pretty unlikely if you pick a "mutual" company.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/16037/small_1621359150-avatar-ahheck01.jpg?twic=v1/output=image&v=2)
3 June 2007 | 22 replies
In most cases, every single deal could bankrupt you.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/19263/small_1621360433-avatar-ultimatetouch.jpg?twic=v1/output=image&v=2)
20 December 2007 | 15 replies
These people aren't going to go bankrupt losing $32 per unit per month and in the long term the appreciation and principal paydown will bail them out.
8 November 2022 | 6 replies
So, you can make money and learn invaluable lessons with a HH, but it's typically a much lower risk strategy than BRRR'ing, flipping or wholesaling--which are strategies that (when executed poorly) can easily bankrupt a beginner.Moreover, house hacking can be very lucrative, and there are multi-millionaires who built their fortunes on repetitive house hacking!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2559238/small_1694607746-avatar-davidm2315.jpg?twic=v1/output=image&v=2)
19 December 2022 | 12 replies
Minimal debt (nothing so bankrupting as student or medical debt), currently a low cost of living, and the job I have at the moment pays well.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2569173/small_1666119497-avatar-dominicp67.jpg?twic=v1/output=image&v=2)
11 November 2022 | 11 replies
So, you can make money and learn invaluable lessons with a HH, but it's typically a much lower risk strategy than BRRR'ing, flipping, out of state investing, or wholesaling--which are strategies that (when executed poorly) can easily bankrupt a beginner.Moreover, house hacking can be very lucrative, and there are multi-millionaires who built their fortunes on repetitive house hacking!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2199341/small_1628555757-avatar-alexism127.jpg?twic=v1/output=image&v=2)
2 November 2021 | 3 replies
People confuse opinions with fact, and that is dangerous.If an agent makes a mistake and gives you thw wrong number, it is your *** that goes bankrupt in the end of the day.I see so many REI influencers talk about find out what you are good at and resource out what you are bad at.Or the "not how but who" mentality.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1775668/small_1651945373-avatar-joes731.jpg?twic=v1/output=image&v=2)
19 September 2021 | 45 replies
But a ridiculous number of the other people I went to college with are currently working high-paying jobs, living in bananas-expensive houses, driving cars that are bankrupting them.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2279343/small_1695618278-avatar-zihanh.jpg?twic=v1/output=image&v=2)
18 November 2022 | 22 replies
So, you can make money and learn invaluable lessons with a HH, but it's typically a much lower risk strategy than BRRR'ing, flipping, out of state investing, or wholesaling--which are strategies that (when executed poorly) can easily bankrupt a beginner.Moreover, house hacking can be very lucrative, and there are multi-millionaires who built their fortunes on repetitive house hacking!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1398494/small_1621511929-avatar-gennaroc.jpg?twic=v1/output=image&v=2)
18 January 2022 | 16 replies
Developers either went bankrupt or just couldn't sell because the economy tanked.