House Hacking: The Most Overlooked Way to Build Wealth

"And then one year and one day later, you realize, huh, I can move out of this property and do it all over again. And so now you move out of this building and then you move into a new building."

"The other thing that you can keep in mind, again, take this with a grain of salt, is that if you're buying properties in good areas and property values are going up, well, then you can also do a cash out refinance to pull some of that equity out tax-free and use that money to buy another property."

"You could turn your home into your first rental property. And even if you don't want to go out and start with a four-unit property, you can go out and buy a one-unit single family house. It doesn't have to be a million- dollar house. It could be a $200,000 house. It does not matter. But the nice thing about this is you buy the house for you to live in. After one year and a day, you can move out and rent it out to somebody else."

"The slowest part is the beginning, but once you get started, you'll start to see more and more opportunities. Yes, it is difficult, but it's not impossible. And for some people, this is the way to get started because it's a whole lot easier to be a house hacker than to go out and buy a rental property separate from the place that you live."