4 Cities Where You Can Live for Free in 2025

Dave:
These are 4 cities that you may dwell without spending a dime in 2025. Immediately we’re speaking home hacking. You purchase a multi-unit property and your tenants drastically scale back or perhaps even fully eradicate your personal dwelling bills. The factor is, it doesn’t work all over the place, so it’s important to choose rigorously and stick round as a result of in as we speak’s episode we’ll let you know the place try to be wanting. What’s up everybody? It’s Dave Meyer right here on the BiggerPockets Podcast and as we speak on the present we’re speaking about the place to accommodate hack. And this query is slightly bit trickier than it may appear and slightly bit trickier than it was once since you obtained to choose a market that has robust fundamentals for actual property, but additionally you bought to choose a spot that you simply truly need to dwell and work. And once you do all that calculation, typically it’s a smaller cross part of cities than you would possibly assume, however we’ve finished that analysis for you, we’ve crunched the numbers and we discovered 4 actually strong markets for home hackers in 2025 and we’re going to share them with you as we speak. Becoming a member of me on this episode, now we have two friends. We now have Craig Curelop, who’s a former BiggerPockets worker who achieved monetary freedom primarily by means of home hacking, and now he’s an agent and investor each in Colorado and in Idaho. And now we have Austin Wolff who’s a present BiggerPockets worker and knowledge analyst who has home hacking expertise himself. Austin, thanks for becoming a member of us right here as we speak.

Austin:
Glad

Craig:
To be right here.

Dave:
And Craig, welcome again to the BiggerPockets podcast. At all times good to see you.

Craig:
Yeah, at all times good to see you too. Love being right here.

Dave:
Alright, Austin, let’s begin with you. You might be an analyst. You’re at all times housing markets and as we speak we’re speaking about home hacking, one thing I suppose all three of us have expertise with, which is enjoyable. You’ve pulled 4 markets that you simply assume are particularly interesting to accommodate hackers and principally the format of the present, Craig, that we need to do is Austin. He’s going to pitch them to us after which now we have to resolve if we’d need to transfer there and home hack. Earlier than we get into that, perhaps Craig, let’s have you ever do that. You wrote a guide on it. Outline for us home hacking. What’s it? Why ought to individuals take into account it?

Craig:
Yeah, so home hacking is, in my view, the most effective actual property technique and it’s principally you’re shopping for a one to 4 unit place with a low % down. Usually that’s three to five% down. You must dwell in that home or duplex, triplex, quad for not less than a yr and also you hire out the opposite elements of the home to be able to both offset your mortgage or dwell totally without spending a dime. Thereby eliminating what doubtless is your largest expense and getting a jumpstart on actual property investing.

Dave:
Wow, that was very concise. I’m glad you wrote a guide about it. That was method quicker than I might have finished that, however yeah, it’s a tremendous technique. I don’t have numbers for this, however I really feel like nearly all of traders I do know not less than who’re beginning in perhaps of their twenties or so do get began investing. I did it for fairly a couple of years. Craig kind of famously did it many alternative occasions to an excessive and Austin most not too long ago tried his hand at it as nicely. Craig, simply inform me there’s a spectrum in home hacking of how a lot sacrifice you’re making. I’m attempting to consider the precise option to say this, how a lot sacrifice it’s important to make to steadiness the associated fee financial savings and earnings era and your personal private consolation. So are you able to simply inform us slightly bit about that spectrum?

Craig:
Yeah, so within the guide we discuss in regards to the consolation continuum, proper on the left facet of that’s consolation and on the precise facet of that’s revenue and also you begin, ideally you begin on the revenue facet, so that you’re going to have much less consolation, extra revenue. For me it was dwelling behind a curtain in my lounge whereas Airbnb out my bed room. And so sure, extremely worthwhile, very low consolation, and I don’t know if that is intentional or unintentional, however as I moved to every successive home hack, my second one, I had my very own bed room, so now I rented by the room, so slightly bit extra consolation, however I nonetheless had slightly little bit of an uncomfortable scenario dwelling with folks that I didn’t know. Then I moved to the following one the place I had a single household residence with a mother-in-law suite downstairs. So I Airbnb the mother-in-law suite and I truly simply rented out two of the additional rooms. So as an alternative of getting 5 roommates, I had two. After which I ended up attending to the place the place I met my now spouse. We moved in collectively and we occupied the complete upstairs by ourself and we Airbnb the downstairs. And so I feel there’s ranges of home hacking all the way in which up till having a mansion with further dwelling unit
And even when it’s not going to even come shut, a thousand bucks a month is a thousand bucks a month and you may meet some cool individuals and yeah, it’s fairly enjoyable.

Dave:
I’m glad you stated that as a result of I usually simply assume that folks overestimate the discomfort piece of it. You went fairly far doing the curtain factor. I personally wouldn’t try this, however I did it for years the place I lived in kind of the smallest unit in a multi bed room place and it was effective. I by no means actually even noticed it as all that totally different to dwelling in an house the place you’ve got neighbors. I occurred to be the property supervisor and so I had some extra tasks, but it surely wasn’t like some bizarre uncomfortable factor. So let’s discuss markets now and transfer on. So Austin, inform us first this concept that you must choose a marketplace for home hacking. It’s fascinating, proper, as a result of most individuals would assume that they’re going to accommodate hack the place they dwell at present. Why would somebody take into account transferring for a home hack?

Austin:
Sure, there are specific cities the place the costs have risen a lot previously 5 years and with mortgage charges being the place they’re, that home hacking simply would possibly merely be unfeasible should you don’t have fairly a bit of cash to place down, particularly coastal cities like Los Angeles, the Bay Space, perhaps Seattle, perhaps Portland, should you’re simply getting began, there are in all probability higher markets to get began in as we speak than perhaps your personal yard.

Dave:
Yeah, I feel that is actually vital as a result of there was a time in place, particularly pre pandemic when just about anyplace it really works to accommodate hack, however that has shifted slightly bit the place the price of possession and hire have moved in such a giant totally different route that it doesn’t make sense all over the place. Craig, is that kind of your expertise or do you continue to assume most cities work?

Craig:
I feel each metropolis works actually. It simply is the attitude on what you come to. So even if you’re in a San Francisco or in LA and you may one way or the other afford a duplex, triplex, or quad or you’ll be able to afford a home that you may hire the rooms out to my opinion is that the dearer locations, they’re dearer as a result of extra individuals need to dwell there and if extra individuals need to dwell there, co-living might be a factor. Heck, some individuals share bedrooms in San Francisco and New York and all that form of stuff, and so that you form of simply must get inventive with it. That being stated, Austin, I’m excited to listen to in regards to the knowledge that you simply’re sharing as we speak and if we will agree or disagree with it.

Dave:
Alright, nicely let’s get into the markets then. Austin, you’ve finished the analysis, you’ve finished quite a lot of analysis into different methods and greatest markets and issues to think about, however what about transferring someplace? That’s the factor that’s so arduous and I feel is admittedly private to individuals is what sort of metropolis that you’d take into account transferring in. So once you choose these 4 markets that we’re about to speak about, did you issue that in in any respect?

Austin:
I factored high quality of life slightly bit. That being stated to me, a very powerful factor was understanding the underlying fundamentals of the market first as a result of once more, there’s nice individuals on the market all over the place, there’s nice places and there’s going to be nice stuff regardless of the place you progress to. So metrics matter to me first after which high quality of life and sure qualitative components matter to me second.

Dave:
Fascinating. All proper. I feel we’re going to disagree on that one, however I’m going to, we’ll hearken to the markets that it’s important to pitch and Craig and I’ll weigh in. So what’s market primary that you simply

Austin:
Choose? The primary market I choose, I’m going to speak about Fayetteville simply because it’s closest to residence. It was residence truly.

Dave:
Yeah, that’s simply the market. You probably did home hack in?

Austin:
Sure, sure, sure. The median value there may be beneath the nationwide common and the median hire there may be $1,600, however particularly the hire to cost ratio can be above the median. The hire value ratio in Fayetteville is about 0.47%. The hire value ratio nationally throughout the board is about 0.35, so it’s slightly bit higher. There’s wage progress occurring there, there’s job progress occurring there, so you’ve got white collar jobs being added into the realm and the college there was rising their admissions yr over yr, which can be fairly fascinating. You’ve this inflow of individuals coming from throughout the nation. Quite a lot of the individuals transferring to this space are coming from the encompassing states, Texas, Oklahoma, Tennessee, Missouri, and so they’re both coming there for jobs or lots of people that I spoke to in Fayetteville are coming there as a result of they thought Fayetteville was only a higher place to dwell than the place they’re coming from.

Dave:
See high quality of life.

Austin:
High quality of life, yeah.

Craig:
Superior. So I do know subsequent to nothing about this market aside from the truth that I do know Henry Washington lives someplace round there and I feel it’s just like the capital for mountain biking. Is that right?

Dave:
Yeah, it’s one among them,

Craig:
Yeah. Okay. So high quality of life appears strong. I just like the numbers. I’m form of laughing to myself as a result of once I began investing it was the 1% rule everybody was speaking about. Now the nationwide common is the 0.35% rule. However anyway, a query about Fayetteville, is there any kind of geographical constraints? Have they got mountains or the rest that I would like to pay attention to?

Austin:
So there are slightly little bit of hills, however not as Haley as Los Angeles, not as flat as Phoenix. Inform us why you’re enthusiastic about that, Craig.

Craig:
Nicely, my largest concern there may be that if tons of individuals flood in there, I imply they’ll simply construct homes. They’ll construct homes fairly fast as of late, and so simply the provision and demand that’s occurring there. Dave and I talked about this the opposite day, however we each take pleasure in investing in locations which have some kind of geographical constraint, whether or not that’s Denver with the mountains, I put money into Idaho, now we have a large lake and there’s Indian reservations throughout and so they’re very arduous to construct on these. And we even have two, I’m like a valley, so sooner or later there’s going to be nowhere to construct and costs are going to go up. And so it feels like Fayetteville is a superb market by way of, hey, you’ll be able to in all probability cashflow right here and your life-style goes to be fairly dang good. I really feel like schools make locations slightly bit extra vigorous. Completely. I’m positive there’s good meals and good eating places and good sports activities video games to attend and plenty of leisure, biking capital of the world. I feel it’s going to take you quite a lot of models to attain the identical quantity of wealth as you’d in a market like Denver or someplace else.

Austin:
I agree. And these subsequent markets that I’m speaking about, they’re inexpensive for that very purpose. There are just about no geographical constraints upon provide, in order that they haven’t appreciated as rapidly as different markets previously 5 years. So that you’re completely proper on that one. That’s one commerce off that you simply’ll in all probability be making with these markets.

Dave:
All proper, nicely, I prefer it. I feel if I needed to vote, which I’m going to make you vote Craig too, on whether or not I might home hack there, I might say sure on northwest Arkansas. I’ve simply heard Henry and Austin discuss it sufficient that it looks as if a enjoyable place. It looks as if there’s quite a lot of great things to do and the job progress is nice and me, my technique has at all times been to proceed to work a full-time job and use my earnings from my job to put money into actual property. And I like that Northwest Arkansas has jobs that I might be personally taken with. That will be good. I’m not at present a mountain biker. I’m to damage inclined for that sport, however I like open air stuff and so I feel there can be sufficient outside recreation for me, so I might do it. Craig, sure or no?

Craig:
I might say sure as nicely for principally all the identical causes as you Dave, after which what I discussed beforehand.

Dave:
Okay, that was our first market. We’re going to take a fast break earlier than we hear about our different three markets, however first, need to thank our sponsor for this week’s episode of Larger Information, which is the Fundrise flagship fund, put money into non-public market actual property with the Fundrise Flagship fund. You may be taught extra about it at fundrise.com/pockets. We’ll be proper again. Welcome again to the BiggerPockets podcast. We’re speaking as we speak about the most effective markets to accommodate hack in. We obtained Austin Wolf, we obtained Craig Op speaking about which markets we’d personally select to think about if we had been to start out over once more and Home hack Austin pitched us Northwest Arkansas, a spot the place he did home hack. We’re going to maneuver on to his different three pitches. Austin, what’s the second one you’re going to pitch us on?

Austin:
I need to pitch you guys on Chattanooga, Tennessee. So far as metrics goes, it’s cheaper than Northwest Arkansas. The median value is about $300,000 and the median hire is just 100 bucks shy of Fayetteville, about $1,500. So the hire value ratio is definitely higher than Fayetteville at 0.5%. The median wage is slightly bit beneath Fayetteville, however they really have had fairly robust white collar job progress, actually higher than the nationwide median, higher than the opposite two markets. I’m going to get into rather less good than Fayetteville as a result of they don’t have such a robust return to workplace coverage that’s driving progress there. However regardless, what they do have is a citywide sensible grid that has began to draw extra startups into the realm as a result of they simply present actually quick web to residents of Chattanooga. That is one thing that town has been investing in over the previous decade. So I actually like that about Chattanooga. I actually like its give attention to startups and I just like the hire value ratio there. And now what I don’t like about it’s in all probability the identical factor that I don’t like about Fayetteville is the climate. Chattanooga has these sizzling summers and probably actually chilly winters.

Dave:
Alright, so what are the roles there? Is that this due to this bar grid, is it actually attracting that many tech jobs that you possibly can earn a good earnings in Chattanooga?

Austin:
The primary jobs in Chattanooga are manufacturing and logistics. Their startup scene has began to develop, but it surely’s nowhere close to different markets that you simply’ve heard about.

Dave:
Alright, I don’t know. What do you assume,

Austin:
Craig?

Craig:
How shut is Chattanooga to Nashville?

Austin:
So Chattanooga is a two hour and 10 minute drive away from Nashville too far too far, and it’s about two hours and 10 minutes away from

Craig:
Atlanta.
So that you’re form of in that center floor. Chattanooga, I’ve a mushy spot in my coronary heart for it as a result of I really feel like there’s some nation songs that sing of it, however I actually take pleasure in investing for cashflow and appreciation and there it simply doesn’t really feel like I’m going to get a lot of that. That being stated, should you dwell in Chattanooga, I don’t assume there’s a single market that I might completely say no to accommodate hack in. I might home hack in LA and I might home hack in Chattanooga, however would I transfer from the place I’m at proper now to go home hack in Chattanooga? Most likely not.

Dave:
Yeah, I’m on the identical boat. I feel should you dwell in Chattanooga, the elemental sound nice to accommodate hack, you’re in all probability going to actually scale back your value of dwelling. You’re in all probability going to make some huge cash. To me. I feel there’s two issues that I don’t like about it. Craig kind of alluded to it with asking the place Nashville was, however I feel you simply want an even bigger financial engine for me to really feel comfy with it. Northwest Arkansas, Walmart is an financial engine all by itself. It’s principally the equal to an entire state value of financial energy. There’s different corporations in northwest Arkansas that I actually like. Chattanooga may need some stuff. I’m skeptical that quick web is sufficient to attract individuals. They want a expertise pool. You want much more than that. And so yeah, it’d appeal to native companies to maneuver from one other metropolis in Tennessee to Chattanooga, however I’m skeptical that you simply’re going to see main corporately relocations there. I can’t identify a single firm that’s headquartered out of there, so for me, it’s simply not a spot I might uproot my life for. Nevertheless it does sound like among the metrics are fairly strong. All proper, so we obtained two nos. Sorry, Austin.

Austin:
Darn it. All

Dave:
Proper, what’s

Austin:
The third one? Alright, third, let’s discuss Charlotte. North Carolina. Listeners have in all probability heard it earlier than. I don’t know if listeners assume that it’s costly, but it surely’s nonetheless lower than the median value. The median value in Charlotte is about 370,000. It’s about 30,000 greater than Fayetteville, however the median hire can be slightly bit larger as nicely about 1700. And in order that hire value ratio remains to be larger than the nationwide median at 0.47%. It additionally has the very best median wage out of those group of cities as a result of they simply have so many nice jobs. Finance jobs, extra tech jobs, extra white collar jobs coming into assist this finance hub that Charlotte is. So so far as underlining metrics goes, I truly like Charlotte probably the most. I additionally assume it’s most poised for progress. If individuals have been listening to me earlier than, I’ve been unable to cease speaking about North Carolina and the way they’re lowering their company earnings tax right down to zero by 2030, which ought to positively appeal to extra finance jobs to the realm. So I’m truly actually excited in regards to the underlying fundamentals of Charlotte and the truth that the median value remains to be decrease than the nationwide median makes me very glad.

Dave:
Yeah, I imply I really like Charlotte personally as a market. I feel this has just about every part. I might search for one, it’s large enough of a metropolis the place I feel there’s going to be enjoyable stuff to do. You guys know I actually like consuming and North Carolina, it’s obtained some good meals, so I’m taken with that. I feel North Carolina has an excellent local weather and simply the robust basis of finance and insurance coverage that’s only a actually good strong financial engine. These issues do undergo cycles, however they’re not as recession vulnerable to issues like tech. As we’re seeing these are good, strong excessive paying jobs and like Austin stated, there’s nonetheless going to be upward progress for costs as a result of it’s nonetheless so low. I imply, you take a look at different areas the place there’s such a robust financial base like locations on the west coast or the Northeast, the worth level for properties are double this.
So I feel you see quite a lot of robust fundamentals at a extra inexpensive value level. The opposite factor I actually like is that they’ve a fantastic larger training system in North Carolina and that’s going to offer actually good expertise pool for the entire state. So employers I feel are going to be incentivized to go to North Carolina. Austin’s finished some nice work speaking in regards to the tax surroundings there. That’s actually good. I simply assume the job progress and inhabitants progress in North Carolina goes to be glorious. Charlotte, I’ve some mates who dwell there. Individuals say it’s a fantastic place to dwell, so I feel it’s obtained every part I might search for. If I had been transferring someplace, I might legit take into account Charlotte.

Craig:
There’s lots of people that dwell over on the east coast and Charlotte appears like a reasonably good, hey, it’s a fast one hour flight. We are able to nonetheless form of get again and see household fairly simply and so they’ve obtained quite a lot of inhabitants all form of coming too proper within the center there. Charlotte, I really feel like is fairly insulated from pure disasters. They get slightly little bit of the remnants of a hurricane, however they’re not going to get a ton of snow and so they’re not going to get an entire ton of rain. I’ve to think about the smokies aren’t loopy far-off from there. So that you’ve obtained some good mountains to see. And I don’t know if, I’m positive everyone that’s listening to this podcast has been by means of the Charlotte airport, and so it’s positively a spot the place lots of people go to and to have the ability to fly direct virtually all over the place can be a really superior factor to do. So I might say yeah, Charlotte would for positive be one thing.

Dave:
I’m so glad you introduced that up, Craig, as a result of having an excellent airport is so vital to me on a private stage simply because I wish to journey, I journey for work and Charlotte has a fantastic airport. I don’t even know the place Chattanooga would fly to. So I do assume it’s tremendous vital. I additionally like the actual fact personally that you’re driving distance to quite a lot of different points of interest. I don’t know, I feel it’s a far drive to the coast, however you’ll be able to moderately do it. Such as you stated, the Smokies aren’t that far. Quite a lot of enjoyable stuff in Virginia. There’s stuff to do. So I like the thought of having the ability to do highway journeys. Personally, if I used to be transferring someplace, this may have the precise mix of enjoyable close by nice jobs, quite a lot of fundamentals. All proper, Austin, you’re again on observe. Yay. All proper, so we’ve heard our first three markets, that are northwest Arkansas, Chattanooga, and Charlotte.
We’re going to take a fast break, however after we come again we’ll hear Austin’s fourth market and we’re going to speak to Craig slightly bit about tactically should you wished to go forward and transfer for actual property, transfer for home hacking, the best way to truly pull that off. We’ll be proper again everybody. Welcome again to the BiggerPockets podcast. We’re speaking home hacking and Austin, it’s time so that you can inform us the fourth market you advocate for home hacking up to now. Craig and I like two of yours. We like northwest Arkansas, we like Charlotte. We’re not so enthusiastic about Chattanooga. Let’s see, are you going to go 50 50? Let’s see should you can go three for 4. What’s the fourth market?

Austin:
Oh man, this one might be my favourite market to speak about is Indianapolis.

Dave:
Oh,

Austin:
This one’s a sleeper market that not too many individuals are speaking about. So Indianapolis, lemme simply pitch you on why I feel it’s nice. Primary, the median value there may be 275,000. That’s the least expensive one I’ve talked about up to now. The median hire is about 1500, in order that hire value ratio is 0.54%, positively larger than all the opposite markets I’ve talked about as we speak. It’s continued to develop in jobs much more so than Columbus, Ohio or Cincinnati or different surrounding Midwest metros. In truth, so far as Midwest Metros goes, it’s my favourite simply due to job progress alone. It additionally has the identical affordability as many metros within the Midwest. Indiana can be a really enterprise pleasant state versus Illinois and Indianapolis itself is a really pharma pleasant place. They manufacture medical tools. They’ve Eli Lilly there, which is among the largest pharmaceutical corporations on the planet.
In order that they have quite a lot of bio jobs in addition to manufacturing jobs there, which I actually like. And once more, they’ve quite a lot of finance jobs which can be being added into the realm. There’s one sector that’s truly seeing decline, and that’s what the Bureau of Labor statistics calls info jobs. So principally software program builders that truly has been declining over the previous 10 years. Each different space has seen a rise, so tech jobs are roughly leaving the realm. Each different form of job has been getting into into the realm. So that’s one thing to bear in mind. Your appreciation isn’t going to be as a lot in Indianapolis as a result of it’s flat so far as the attention can see. There’s no restrictions so far as constructing goes. And once more, that’s why it’s so inexpensive. So that’s one factor to bear in mind.
It’s a really massive sports activities city, so should you’re into sports activities, you would possibly like Indianapolis should you don’t hate the groups there. So far as precise housing inventory goes, quite a lot of the multifamily housing inventory within the inside metropolis space could be very previous. And so there are quite a lot of alternatives to do perhaps dwell in flips or rehabs of this housing inventory. In order that’s one other factor that I might truly take into account a professional of this market is there’s quite a lot of alternative to get your fingers soiled and actually do some worth provides. So I’ll cease speaking. Perhaps I satisfied you adequate. I don’t know. We’ll see. This may be 50 50 for you guys.

Dave:
All proper. Craig, what do you bought? What do you concentrate on Indy?

Craig:
Indy feels like a fantastic metropolis, and I feel once more, should you dwell there, it’s an excellent place and you must home hack there. I actually would possibly even put money into a multifamily property there. I really feel like if my technique and my thesis was a cashflow play, however once more, I actually just like the markets the place you may get cashflow and appreciation. And so I might in all probability say no to Indianapolis.

Dave:
I’m torn on Indianapolis, actually, as a result of I might make investments there as a long-term rental investor. I might take into account proper now shopping for a duplex. I feel worth add is a very good alternative there. I don’t know if I’d personally lived there, simply to be candid, since you simply informed me that tech jobs are declining, which I feel is okay from a elementary standpoint. It’s simply what I’ve at all times labored in. And to me, the explanation I moved to Denver, and I beloved Denver in 2009 was like you possibly can get tech jobs and at that time Denver was nonetheless comparatively low cost. And to me that was the dream. You may dwell someplace the place it’s not tremendous costly, however you may get a pleasant excessive paying job. And I don’t know if I’d have the ability to try this in Indianapolis. However I feel for people who find themselves in monetary providers, I do know that they’ve fairly good jobs there. In the event you’re in healthcare, I might positively take into account Indianapolis. I feel Austin’s proper that simply long-term fundamentals of Indianapolis are actually good. If it’s the form of life-style that you desire to there.

Craig:
Do you guys know anyone that’s moved to Indianapolis? Sincere query.

Dave:
A few coworkers that BiggerPockets dwell there.

Craig:
Oh, okay. However they didn’t transfer there.

Dave:
Yeah,

Craig:
They had been simply born there. I don’t know. I really feel like there’s simply so that you hear individuals transferring to cities, proper? Fayetteville? Charlotte, not Chattanooga.

Dave:
Yeah, it’s not passing your sniff desk.

Craig:
Yeah, and that is very a lot what I do is sniff exams.

Dave:
Alright, nicely Austin, I feel we’re going to present you, Craig and I should not fairly 50 50 as a result of I’m virtually there in Indianapolis. We’ll offer you 60 out of a lots of.
However these are nice markets. Once more, like Craig and I are basing some on our private technique. Austin’s speaking about his private technique. The purpose right here is that will help you all perceive among the metrics and the way in which that we take into consideration this stuff. So you are able to do related evaluation for your self. Craig, I simply need to spend a couple of minutes, we don’t have an excessive amount of time, however I do need to simply ask you, what are two or three steps should you had been going to think about transferring for actual property? And I feel it’s worthwhile, individuals transfer for jobs on a regular basis. If you wish to transfer for actual property to optimize in your actual property investing profession, what are the 2 or three first issues that folks ought to do?

Craig:
I might say primary step is you’re going to need to discuss to an investor pleasant agent in your market that invests in that market, that helps home hackers in your market. And that may principally information you into what methods work greatest. As you noticed as we speak, what’s going to work in Fayetteville shouldn’t be going to essentially work in Charlotte. And you could not know that should you’ve by no means been to the market earlier than. Quantity two, I feel you bought to go go to, go go to and take a look at town and be sure you like town in addition to your employer. I imply, I suppose I’m simply saying what I did as a result of it did work out for Denver for me. Yeah,

Dave:
Yeah. All proper, nice. Nicely, thanks a lot. I admire it. Hopefully that is all useful for you. If you’d like extra sources on the best way to home hack or the best way to truly pull this off, Craig gave us a short overview, however there’s tons of data on biggerpockets.com about home hacking. Craig’s written a whole guide about it that we’ll hyperlink to beneath. However extremely advocate the technique for anybody who’s contemplating stepping into investing. All three of us have finished it. Many, many, lots of the actual property traders who I’m mates with and know and who’re profitable began with this fashion. And so I do know it sounds to some individuals prefer it’s loopy to maneuver your life for actual property, however individuals transfer for jobs, individuals transfer for lots of various issues. And if you wish to prioritize actual property, which train the personal, however if you wish to prioritize it contemplating a market that’s going that will help you set you up for long-term success in actual property, this may very well be an choice for you. So Craig, thanks for being right here, man.

Craig:
Thanks for having me as at all times, man

Dave:
And Austin, thanks for becoming a member of us.

Craig:
Thanks.

Dave:
And thanks all for listening. We’ll see you quickly for one more episode of the BiggerPockets podcast in simply a few days. If you realize somebody who’s been attempting to get into actual property, enthusiastic about it, doesn’t know the best way to do it, and also you assume they may profit from this, ensure that to share this episode with somebody who you assume can be an excellent home hacker. Thanks once more. We’ll see you quickly.