What Is “House Hacking”?

Have you heard of “house hacking”? With this real estate investment strategy, homeowners use their property to generate income that helps cover expenses.

Examples of house hacking include:

🏠 Renting out an accessory dwelling unit, like a casita or granny flat

👦 Getting a roommate or listing a room on Airbnb

🚗 Leasing out a parking space in your driveway or garage

🐶 Turning your yard into a pay-by-the-hour dog park

🏊 Renting out access to your pool