The Journey Towards Financial Freedom Through House Hack!
The Origin Story of Andrew Kerr, the Host of the House Hacking Podcast
It is the 1st again. You take out your checkbook and start getting ready for another mortgage payment. You look at your register and see your balance after the payment remains the same months after months. You looked around and saw your once aspired renovation ideas disappearing into the void when the furnace died the first time. When did your excitement for becoming a homeowner replace by stress and anxiety? How long have you put your renovation project on hold because of the financial burden? What do you think your life will be if your housing payment was reduced in half?
Home is often described as one of the most important investments in life. However, with the continued increase in housing expenses in this country, while salary wages remained staggered over time, the housing payments are becoming more of a burden than ever. In a recent study conducted by The Business Insider, more than 40% of average American’s monthly income goes towards their housing. Some may even be as high as over 60%, depending on the neighborhood and costs of utilities. How can one achieve financial freedom when nearly half of the income goes towards the bank or the landlord? How do you reach financial freedom when your saving balance has been as staggering as your wages?