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

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

Episode 252 of the BiggerPockets Real Estate Podcast podcast, hosted by BiggerPockets, titled "252: House Hacking (Your First Deal) & Life Hacking with Craig Curelop" was published on November 9, 2017 and runs 73 minutes.

November 9, 2017 ·73m · BiggerPockets Real Estate Podcast

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Summary

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 BiggerPockets What he does at BiggerPockets How he house hacked his first home in Denver Tips for finding a good agent How to find a good lender What exactly PITI is How he’s generating rent from his place His method of fast tracking his way to financial freedom How his Airbnb system works, including how he handles cleaning Tips for turning liabilities to assets How he rents out his car A discussion on having a frugal lifestyle His future plans for real estate investing And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Webinar BiggerPockets Marketplace 12 Easy Tips to Reduce Your Vacancy Rates and Find Great Tenants (blog) Airbnb Craigslist Turo Books Mentioned in this Show The Book on Rental Property Investing by Brandon Turner Set for Life by Scott Trench The 10x Rule by Grant Cardone The One Thing by Gary Keller Rich Dad Poor Dad by Robert Kiyosaki Never Split the Difference by Chris Voss The Four Agreements by Don Miguel Ruiz &? Janet Mills Fire Round Questions Do 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 Craig Craig’s BiggerPockets Profile Craig’s Facebook Profile Craig’s LinkedIn Profile Craig’s Twitter Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode Description

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 BiggerPockets What he does at BiggerPockets How he house hacked his first home in Denver Tips for finding a good agent How to find a good lender What exactly PITI is How he’s generating rent from his place His method of fast tracking his way to financial freedom How his Airbnb system works, including how he handles cleaning Tips for turning liabilities to assets How he rents out his car A discussion on having a frugal lifestyle His future plans for real estate investing And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Webinar BiggerPockets Marketplace 12 Easy Tips to Reduce Your Vacancy Rates and Find Great Tenants (blog) Airbnb Craigslist Turo Books Mentioned in this Show The Book on Rental Property Investing by Brandon Turner Set for Life by Scott Trench The 10x Rule by Grant Cardone The One Thing by Gary Keller Rich Dad Poor Dad by Robert Kiyosaki Never Split the Difference by Chris Voss The Four Agreements by Don Miguel Ruiz &? Janet Mills Fire Round Questions Do 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 Craig Craig’s BiggerPockets Profile Craig’s Facebook Profile Craig’s LinkedIn Profile Craig’s Twitter Profile Learn more about your ad choices. Visit megaphone.fm/adchoices