House Hacking Secrets: Offset 50%+ of Your Mortgage (w/ Justin Midgley)

Are you tired of $4,000 mortgage payments on a “starter” home? In this episode, Justin Midgley (Prime Real Estate Experts) breaks down exactly why house hacking is the smartest, lowest-risk way to own a home in Utah’s crazy market.We rip apart the detached ADU hype (yes, even Tanner Gattmeyer’s), show the real numbers on costs and ROI, and reveal how internal house hacking can slash your payment 30-70% while you control a bigger, faster-appreciating asset.Justin and Jacob talk about:How to house hack properly (rent the main level, live in the basement – or the reverse)Good leverage vs. dangerous over-leveraging (and the 2008 lessons still applying today)Utah-specific zoning, legality, and illegal ADU traps that can cost you everything50-year affordability data that proves house hacking gets you back to the 20% income sweet spotPrincipal paydown, tax write-offs, and why a $600k house with renters can feel cheaper than a $400k townhomeThe mindset shift: build income first, then invest – real estate is NOT passive incomeIf you’re a first-time buyer, serial house hacker, or just tired of feeling house poor, this episode gives you the exact playbook to make housing affordable again.Connect with Justin Midgley!Insta: https://www.instagram.com/justinmmidgley/https://homelordsystem.com/Connect with Jacob🌐 bio.site/FinancialGingerFB: https://www.facebook.com/FinancialGingerInsta: https://www.instagram.com/financialginger/FinancialGinger — Wise money choices, for peace and empowerment.Subscribe for more real-world insurance breakdowns, financial strategies, and no-BS advice. 🎤 Episode #47: FinancialGinger