Editing 1course Real Estate (section)

==== What is House Hacking? ====
House hacking involves using your primary residence to generate rental income, effectively reducing or even eliminating your housing costs. Here are the core concepts:

# '''Renting Out Rooms:'''
#* '''Live-in Landlord:''' Rent out spare bedrooms to roommates. This is one of the simplest ways to start house hacking, and it can significantly offset your mortgage or rent payments.
# '''Multi-Family Properties:'''
#* '''Duplex, Triplex, Fourplex:''' Purchase a multi-family property, live in one unit, and rent out the others. This approach maximizes your rental income and allows you to build equity faster.
# '''Accessory Dwelling Units (ADUs):'''
#* '''Basements, Garages, and ADUs:''' Convert basements, garages, or build separate accessory dwelling units on your property. These additional living spaces can be rented out long-term or short-term.
# '''AirBNB and Short-Term Rentals:'''
#* '''Short-Term Income:''' List part of your home on AirBNB or similar platforms. Short-term rentals can yield higher income compared to traditional long-term rentals, especially in popular tourist areas.