For most people, housing is their single biggest monthly expense. It’s the bill that makes it harder to save, invest, or get ahead. That is exactly why house hacking can be such a powerful wealth-building strategy. Instead of treating your home as a pure expense, house hacking allows you to turn it into an asset that helps pay for itself.

Owning rental property can be a powerful way to build long-term wealth, generate passive income, and diversify your investment portfolio.

Real estate is one of the largest sources of equity, both in the United States and elsewhere around the world. The real estate market, as a whole, is worth trillions of dollars.