252: House Hacking (Your First Deal) & Life Hacking with Craig Curelop

BiggerPockets Real Estate Podcast - A podcast by BiggerPockets

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People spend years thinking about buying real estate—but many never take the first step. Not today’s guest, though! Today, we sit down with Craig Curelop, a new investor in the expensive Denver market, as he shares his story of buying his very first “house hack” and how’s he’s actually getting PAID to live for free. You’ll also learn some other creative way Craig is generating extra income each month (including renting out his car!) on his quest for financial freedom. It’s a super inspiring story with a plethora of tips, so don’t miss a moment of it! In This Episode We Cover:Craig’s story and how he found out about BiggerPocketsWhat he does at BiggerPocketsHow he house hacked his first home in DenverTips for finding a good agentHow to find a good lenderWhat exactly PITI isHow he’s generating rent from his placeHis method of fast tracking his way to financial freedomHow his Airbnb system works, including how he handles cleaningTips for turning liabilities to assetsHow he rents out his carA discussion on having a frugal lifestyleHis future plans for real estate investingAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarBiggerPockets Marketplace12 Easy Tips to Reduce Your Vacancy Rates and Find Great Tenants (blog)AirbnbCraigslistTuroBooks Mentioned in this ShowThe Book on Rental Property Investing by Brandon TurnerSet for Life by Scott TrenchThe 10x Rule by Grant CardoneThe One Thing by Gary KellerRich Dad Poor Dad by Robert KiyosakiNever Split the Difference by Chris VossThe Four Agreements by Don Miguel Ruiz &? Janet MillsFire Round QuestionsDo I need to disclose to my “roommates” that I am the landlord and owner?Is it a good deal to get a duplex (for the purpose of house hacking) if you paying small amount from your pocket every month to cover all the costs?Has anyone put a kegerator in their Airbnb?What would you recommend: pool, hot tub or none?Tweetable Topics:“The first step to buying a property is to find a lender and to find an agent.” (Tweet This!)“To find the lender that’s right for you, you have to have the criteria you’re looking for.” (Tweet This!)“Everyone has a unique advantage in their life.” (Tweet This!)Connect with CraigCraig’s BiggerPockets ProfileCraig’s Facebook ProfileCraig’s LinkedIn ProfileCraig’s Twitter Profile