Hack House Hacking By Renting Out Rooms on Airbnb
Want to dip your toes into the house hacking waters? With Airbnb, you often rent out one or two rooms of your home—and the guests pay you to stay there.
Author
Ben Leybovich
Grant Cardone Is Both Very Right and Very Wrong: Let’s Pick Apart His Advice
Grant Cardone loves to offer advice that folks shouldn't mess with houses and small multifamily and should go to the big stuff right away. We have to accept that Grant's…
If You’re Denying Yourself ‘Nice Things’ in the Name of Frugality, You’re Doing It Wrong
Don't ask, "How do I pay for this?" Ask, "How can this thing I want pay for itself?" Understand, you can have anything if it makes money!
Caught Off-Guard by COVID-19? Prepare Yourself for the Next Black Swan—Here’s How
A black swan is an event that is so far outside of the norm that it cannot be reasonably anticipated by markets and investors. I think it’s fair to characterize…
Exploring Burn Rate: What Percentage of Monthly Income Is It Safe to Spend?
On the road to financial freedom, what percentage of our monthly income should we look to save each month? Learn why W-2 income may be the worst kind, and what…
Luxury House Hacking: How to Have Your Cash Flow, Equity Appreciation—and Live for (Almost) Free, Too
For me, luxury house hacking produces the same income but with much less headache than owning a multifamily—all while providing a high-end lifestyle.
Have “Rich Dad Poor Dad” Lessons Stood the Test of Time? Here’s What the Book Misses…
Rich Dad Poor Dad has a cult following—and many personal finance enthusiasts credit it with opening their eyes to valuable money principles. But is it all it's cracked up to…
Investing in Real Estate Is Pretty Much the Worst—But THIS Makes It Worth It (Hint: It’s Not Money)
Real estate investing is a dirty business that all too often exposes us to the side of humanity best left in the dark. Tenants who skip out, contractors who don't…
How to Raise Money for Your Next Deal—Without Legal Issues
Here's what you need to know when financing your next real estate deal and how to avoid any legal troubles. I break down what is acceptable and what could get…
I Used to Think All U.S. Markets Were Too High—Until I Started Investing in This City
I used to think investors buying deals while prices rose were stupid. But all through 2013, 2014, 2015, 2016, etc., people made a killing. I like to think of myself…
You Know What They Say About Assumptions! Think Differently to Problem-Solve More Efficiently (With Embarrassing Real-Life Example)
My daughter came to me with a problem: The ceiling light in her room quit working. It's a basic two-bulb dome ceiling fixture—nothing special really, and nothing much there to…
6 Advantages of Buying in an Expensive, Low Cap Rate Market
It seems like everyone wants to rent nowadays, and you should take advantage of the market while cap rates are low. Not everyone agrees, but I'll tell you why I…
Grant Cardone Is Right: Owning a Primary Residence Usually ISN’T Smart
Grant Cardone has been vocal about his opinion that owning a primary residence is a liability that often loses money for the owner. Here's why he's right.
