{"id":9474,"date":"2017-01-27T00:25:56","date_gmt":"2017-01-27T04:25:56","guid":{"rendered":"https:\/\/www.duck9.com\/?p=9474"},"modified":"2017-01-27T00:46:03","modified_gmt":"2017-01-27T04:46:03","slug":"living-rent-free-and-owning-real-estate","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/living-rent-free-and-owning-real-estate\/","title":{"rendered":"Living Rent Free and Owning Real Estate"},"content":{"rendered":"

Larry Chiang has a Jedi in Business Administration<\/a> because he wrote about a business school that he did not go to: Stanford Business School. Harvard’s Harbus wrote: \u201cWhat They Don\u2019t Teach You at Stanford Business School”<\/a>. How did he learn it? He paid super close to his mentor’s book, Mark McCormack’s, “What They Don’t Teach You at Harvard Business School”. In this post, you will learn how to live rent free in a house you own.
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\"Larry<\/a><\/strong>by Larry Chiang<\/p>\n

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\u00a0The American dream of owning real estate changes. Owning your own house does not change. How you finance the house changes and changed.<\/p>\n

Here is what to pay attention to when you’re wanting to live rent free in a home you own.
\nHere is how things might turn out when you understand P.I.T.I. #cs183PITI. Principal. Interest. Taxes. Insurance.<\/p>\n<\/div>\n

So lets say the PITI for a $180,000-$220,000 house is $1300-1,400. So for a 3 BR; 2 or 3 BA home you rent out two of the rooms for $700 per room, per month. The $1,400 you charge for rent goes to your PITI.<\/p>\n

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$1300-1400 PITI. 3BR 2-3BA. Charge 2 roomates 750. You’re living rent free w\/your 800 FICO as a 23 yo female #LarryChiang<\/a>#cs183PITI<\/a> is… https:\/\/t.co\/7He2JR9P4D<\/a><\/p>\n

\u2014 Larry Chiang (@LarryChiang) January 26, 2017<\/a><\/p><\/blockquote>\n