How to Money · Friday, July 3, 2026
The hosts suggest 'house hacking' (living in a property while renting out parts of it) and transitioning a primary residence into a rental property as accessible strategies for new real estate investors. These methods can lower housing costs and provide a less intimidating entry point than purchasing a standalone investment property.
“Well, house hacking, that's another way for first time investors to that also get into the landlording game.”
“And basically, if you've got a locked in low mortgage rate in a neighborhood that has good long term prospects, and if the numbers on that home that you own actually makes if that's the case for you, then it might be a good idea for you to save up enough so that you don't have to sell the current place you're living in when you buy your next place.”
“And so Matt, you and I we've both done this a couple of times, and it doesn't make sense for everyone.”