Real Estate Investing is the best way to start building your wealth, in my opinion! You will always need a place to live and before you start investing in stocks and funds, why not take advantage of House Hacking and get rid of your biggest liability aka monthly rent? This is exactly what i did! A year ago I bought my first house for 5% of its price and am not paying a penny more, ever! In fact, I'm getting paid to live in it! It is important to choose the best property type as your primary residence to make the biggest profit while you are still a first time home buyer because this is when you have the best options for financing your home. I chose to invest in multifamily residence and now my mortgage payment is less than my rental income. Only a year later, I'm ready to scale and buy my next investment property! All while earning an average salary at my job - this is not about how much money you make, but how you spend it. Spend it wisely! I'm happy to share my success story with you today! This is a real story of a Selfmade Immigrant and you can do it too :) 00:00 What is Multi-Family Residence Property Type (MFR) 00:25 Wait Whatttt You can own it for FREE and BE PAID to live in it?! (Yes!) 00:35 What is House Hacking and Owner Occupy and why it's THE BEST 00:53 Live small, RENT BIG: My House Hacking success story 1:35 Why you should buy Multi-Family as your first house purchase 3:00 Land value and Scalability: Additional Dwelling Unit Potential (ADU) 3:32 Maintenance and Major Repairs 3:40 How to be a Landlord (Landlady) 4:29 Privacy in Owner Occupied House 5:58 Downpayment 15-25% vs 5% down scenarios 6:47 Long-term investment strategy breakdown 7:33 MFR Investment property analysis on Zillow 8:26 Three main criteria to consider when buying a house 8:54 Best case scenario for Real Estate Investing: My Secret Formula :) 9:33 See you in Bali! Please subscribe to my channel and hit the notifications bell! Leave me a comment down below and give this video a thumbs up! SUBSCRIBE: https://www.youtube.com/c/KarinaSelfmade?sub_confirmation=1 FOLLOW IG: @karinaselfmade https://www.instagram.com/karinaselfmade/ EQUIPMENT I USE: Tripod & Selfie Stick All-in-one: https://amzn.to/37HsuJq Studio Lights: https://amzn.to/34uwB9y iPhone SE: https://amzn.to/2JeaFYp Nikon Coolpix P300: https://amzn.to/3mpFYgR Nikon D90 body DSLR: https://amzn.to/2TGhh3L Nikorr 18-105mm f/3.5-5.6G Lens: https://amzn.to/2Jbndj6 Nikorr 50mm f/1.8D Lens: https://amzn.to/35GWumd PROMO: Use my code KARINASELFMADE for 10% off at DAZEY LA: SUSTAINABLE & ETHICAL FASHION https://www.dazeyla.com DISCLAIMER: This video is not sponsored. This is not investment advice, please consult with a professional. Some of the links above might be affiliated: if you make a purchase using my affiliated links, I earn a small percentage with no extra cost for you - thank you! Thank you and see you in the next video! - Karina Selfmade xo #duplex #househacking #multifamily