1.
Deciding to Start
Mr House Hack

2.
Welcome to the chronicles of our house hacking
journey! In this blog series, I’ll be documenting the
process as my wife and I actively go through the
steps to purchasing our first property to house
hack. I’ll explain the ins and outs and reasoning
behind our steps and decisions as well as any
lessons learned along the way. I hope you find this
series of posts entertaining, educational, and
informative!

3.
Why are we house hacking?
● We are tired of
renting, want to own
our own home, and
want to diversify our
investments.
● Plus I’m a HUGE
believer in real
estate and real
estate investing.

4.
Three Types of Investments
Paper assets (stock market)
Business
Real estate

5.
I have been on the entrepreneur kick for the last 5
years. First, I tried to flip houses, then, after I was
dealt a heavy dose of reality and paid hefty tuition to
the school of hard knocks on my first flip, I became
a real estate agent. And now, while still an agent,
I’m creating an online business.

6.
The beauty of investing in real estate is that everyone needs a roof
over their heads, including us. By house hacking, we will be able to
purchase a home of our own and an investment property at the
same time. By purchasing one piece of real estate to both lives in
and as an investment, we will be able to kill two birds with one
stone. We can both have a place to call our own and rental
property. We get the benefit of using a residential mortgage (we
will put between 3.5 and 5 percent down instead of 25 percent
down) and purchase an income-producing and appreciating asset.

7.
Stay tuned for the upcoming post on visiting lenders,
why I think it’s the true starting point to purchasing
real estate, and how many lenders we decided to
visit.