This week, we have another Denver house hacking treat for you all! We know how high living cost areas can be a burden and wanted to give everyone a few examples as to how you can hack those expensive housing costs.

Jennifer and her husband first started with a house in Denver. They soon realized Airbnb was taking off and decided to go house hunt for a property that has an income suite that can easily be rented on Airbnb. Still keeping the original house and renting it out, Jennifer and her husband moved to a new house just outside of Denver. By using a hard money loan, she was able to make short-term payments while getting the Airbnb renovations done.

After living 3 years in this house, Jennifer and her husband decided to move back to the original house and renovate it into a similar Airbnb style house. By renting this Airbnb in the original out to travel nurses, Jennifer was able to cut down more than half of her housing costs. Listen in for the full story:

For more information on this episode and guest, you can check out the show notes at https://fibyrei.com/S1E17

 

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Check out the Ultimate House Hacking Guide Article. https://fibyrei.com/hhguide

 

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The House Hacking Podcast is brought to you by FI by REI, whose goal is to help you achieve financial independence through real estate investing. https://fibyrei.com/