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

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

Learn more about your ad choices. Visit megaphone.fm/adchoices

252: House Hacking (Your First Deal) & Life Hacking with Craig Curelop 01:16:38

BiggerPockets Real Estate Podcast

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