This course goes in depth on the 19 different ways to generate an income from a primary residence. Every participant will understand the importance of house hacking, how it will impact their wealth building journey and have a personalized 90-day action plan to slash their housing costs by 30% or more.
The people who complete this course will not only have a firm grasp on the 19 different ways that a primary residence can be used to generate income, but they will understand how house hacking can set them up to create a millionaire net worth. By the end of the course, participants will have a declared goal for their house hack, have identified which house hacks are right for them and a 90 day plan to slash their housing costs by 30% or more.
The House Hacking Course is designed for anyone who knows there’s a better way to live than the paycheck to paycheck struggle. It’s for people who are determined to crack the code to build the kind of financial future that offers the freedom to explore almost unlimited options. It’s for people who understand that the status quo is not designed to make us successful and that we have to actively pursue our own success and we have to nurture the resources we do have to create lasting wealth. This course is for those brave souls who are willing to do what it takes to break out, but just need a little help knowing what the next steps are to do it.
How much money can I save (or generate) from house hacking?
It depends on many factors. However, the simplest and easiest house hacks might generate only $50 per month while the biggest house hacks will generate thousands of dollars a month. We at The Unexpected Investor encourage people to set a goal amount and piece together the different strategies to meet their individual goal. While we encourage people to shoot for covering 100% of their mortgage and house maintenance expenses, we also celebrate any % of savings as huge progress in your quest to build financial strength in your future.
Do I have to move or purchase a new house in order to do a house hack?
No. While there are house hacks that work best by buying and moving to a new property, there are almost always ways to house hack the house you already live in. It all depends on the goals you want to reach and what lengths you’re willing to go to meet those goals.
Do I need a building permit to make my house a house hack?
Not always. Permits are generally only required when building new walls, moving electrical or plumbing or adding new square footage. However, anyone doing a house hack should consult with their local city building department before doing any remodel work.
Can I house hack that I am renting (and don’t own)?
Yes, but if your landlord and/or lease allows it. Be sure to thoroughly read your lease to make sure you aren’t violating any terms of your lease. It’s also a good practice to reach out to your landlord and make sure they are comfortable with what you are planning on doing. That said, there are several house hacks in this course that work great for rented homes and apartments.
Do I have to give up privacy to house hack?
While some house hacks will require you to be comfortable sharing some of your space at least some of the time with those you are renting to, there are also house hack options that have little or no violation of privacy.
Does my mortgage company prohibit house hacking?
In most cases, mortgages do not prohibit you from renting out portions of your home or land. However, you should read your mortgage documents and/or contact your loan servicer to be sure.
Yes. The term house hacking is a relatively new term representing a practice that is literally millenia old. People have been ‘sub-leasing’ their property since the dawn of civilization. That said, it’s always a good idea to reach out to your city to make sure the kind of house hack you want to do is permitted in your area.
Are there ways to house hack without investing any money up front?
Yes! Several of the house hacks in this course will require absolutely no upfront investment to get started. There are also a handful of other options that will require less than $100 to execute.
How do I keep me and my family safe while house hacking?
Some of the house hacks in this course will have no impact on your family’s normal routine or safety. For those hacks that do open up your space to rent to people you don’t know, we will discuss ways to help ensure your safety. For some hacks, keyed or digital deadbolt locks should be installed between family and shared spaces. For others, privacy fences with locked gates are recommended.
Will my HOA allow house hacking?
The only way to know for sure is to reach out to your HOA and ask. We recommend doing this before starting any house hack.
How do I protect myself against property damage or liability from house hacking?
In this course, we discuss the different kinds of insurance you’ll need to consider as you execute your house hack. We also discuss various strategic precautions that house hackers should consider taking to mitigate the risk of something going wrong. Many of the partner companies and products that facilitate house hacking also offer additional layers of liability and damage coverage to encourage people to use their service with confidence.
Brian is on a mission to serve people using his skills and experience in building significant wealth. He’s eager to hear your story and walk with you in your wealth-building journey.
As Brian Tibbs emerged into young adulthood, it was clear to himself and everyone around him that he was destined to be a businessman. By age 26, he had already started investing in real estate, was an executive in his dad’s financial services company, and was co-owner of another small online retailer.
But Brian felt a calling down a different path. Over the next three years, Brian married Jill Bramhall, resigned from his father’s company, sold his online business and liquidated 60% of his real estate portfolio, and moved, sight unseen, to Guatemala.
Over the next 16 years, Brian built a team that recruited and trained 380 leaders to plant 96 churches in 11 countries. They raised over $20,000,000 for the cause and built over 150,000 sq. ft of churches and related facilities.
Brian and his family made very little money as missionaries. Dividing their total ministry salary into the total hours both Brian and Jill worked over the 16 years in ministry shows that they made just $9.20 per hour, below the legal minimum wage in most states.
Despite their limited income, they have built a multi-million dollar net worth. They no longer need jobs to pay the bills. Instead, they have the luxury to pick and choose their work and do so on their terms.
Their modest salary forced them to create a wealth-building philosophy that didn’t require a big paycheck. Living under this financial constraint is how the HACKER Method was discovered and implemented. The HACKER Method enabled the Tibbs’ to create a net worth of over $X million by Brian’s 44th birthday.
Although Brian has retired from full-time missionary work, his desire to serve others remains a primary focus. He launched The Unexpected Investor with the singular goal of helping other people who also feel financially constrained transform themselves into wealthy, powerful, and generous investors using the HACKER Method.
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