It's no secret - finding a traditional single-family rental that actually cash flows is nearly impossible with 20% down right now... But there's one strategy I think more people should really consider: house hacking. I'm talking about buying a 3–4 bedroom home, living in one bedroom, and renting ...
Hi everyone, I'm Pradip. I'm getting started in DFW real estate investing and currently learning the market. My plan is to house hack, buy a primary residence, live in it for a year, then convert it to a rental and repeat the cycle with a new purchase. Looking forward to learning from everyone he...
Intro "House Hacking" is one of the best ways to get started in real estate investing. Buy a property, live in part of it, rent out the rest, and let your tenants help pay your mortgage. I'm currently living through my own house hacking experience, and I wanted to share what it actually looks lik...
I’m looking to house hack in Tampa. I don’t understand the market fully like neighborhoods. Does anyone have experience in the area?
Hi all, I’m looking into suburban house hacking: renting a spare room by the night or week while you live in the home, around Houston, Indianapolis and Tampa. what stood out - Rooms are rare. Whole homes make up 72–89% of short-term listings in most of these suburbs. Pearland is the exception, at...
Hey Christian here I’m 28 & new to realtor investing. I can’t wait to start but scared at the same time because I only make 42k annually right now. So it feels impossible to start so I wondering if anyone had any ideas or suggestions on where I should possibly look for a multi family home around ...
I just finished my dscr and am in the process of finishing renting out my old primary residence. I should be finished in the next two weeks. Looking for a duplex or triplex. I want to house hack and get my cost of living almost to zero or close to it as I can so the remaining money I have can fun...
Hi all — first post. I could use the wisdom of this crowd. The situation: I own a 4BR / 2,550 sq ft fully furnished home in west Little Rock (72211), in a quiet cul-de-sac. It becomes vacant in December, and I'm not interested in nightly Airbnb churn — I want low turnover and professional tenants...
I am looking at buying my first house hack very soon. In thinking through the process I was hoping to get some advice on the best way to accept payment from tenants. Does it make sense to establish an LLC and take all payments through that company? Is there any benifit to that? If I am buying the...
Hey everyone, I'm looking at purchasing a property that currently has no finished flooring. Based on what i can see, most of the needed renovations appear to be cosmetic, although i haven't had an inspection completed yet, so i understand that could change. I spoke with my lender about using a st...
That's the whole idea behind house hacking, and it's the reason I own real estate today. In early 2022, my wife and I bought a 2-family in Manchester. We lived in one unit and rented the other for $2,000 a month, heat and hot water included. So here's the math I'd run on any house hack: Start wit...
Hey everyone, my brother and I are looking to do a house hack within the next year. We have cash saved up for a down-payment and some money for rehab. We're both first time home buyers so likely we would use an FHA loan. We would have no problem sharing a room and fixing the property up while liv...
What are the current rate for a one bedroom in Sarasota fl for house hacking?
Hi! I am looking to get started in real estate investing by using the house hacking strategy. I am 25 years old, living in the Greater Boston area. I'm very early in my process, so I would love to connect with as many people as I can to learn more about real estate. I'd appreciate any advice as w...
Looking for advice to analyze a house hack deal. What is the best method to use when looking for a deal. I’m currently in the process of aquiring a duplex in Bellefonte Pa that was built in 1890. Rents are 1,000 per month. Im buying it for 155,000. Interest rate 3.7% However the underwriter is be...
Hey all, Finally pulled the trigger and bought a place that's a primary residence, in Vacaville, CA, with as big a lot as I could get - close to a 1/4 acre. Its a 2 story with plenty of square feet, but have my kids taking up most rooms. Trying to be creative, frugal, and savvy with this place, b...
If you are currently looking for a real estate or immigration agent in California, be sure to steer clear of an agent named Peng (909-313-8702). This individual operates without any professional ethics, running a business designed from the outset to defraud clients. He lures customers with false ...
Hi, I'm 18 years old and a senior in high school. I'm new to the BiggerPockets website and forum. I'm choosing to not go to college next year because I don't believe it takes a degree to become financially independent with real estate. I want to gain experience and get involved with real estate. ...
Good afternoon, I am new here and a disabled Veteran looking to use my VA home loan for the first time within a year or so. I live in the Houston area in a suburb north of the city called Kingwood. I have been doing research and gaining knowledge for a couple years. I am having difficulty finding...
I'm 19 and live in the Longview area of Texas. I've been listening to bigger pockets for a little over a year now and really want to get into real estate. Currently doing a flip right now with a few friends whose mom is our hard money lender. So I've at least got my foot in the door. But I'm plan...
Hey everyone — I’m Cade, 22 years old and a recent Indiana University graduate. Over the next year, I’m looking to purchase my first small multifamily property in the Louisville market and house hack it by living in one unit and renting out the other. Right now, I have very little in monthly expe...
Hello everyone, I recently purchased my first home, a 4-bedroom townhome, and I'm planning to house hack by renting out the other three bedrooms. I'm new to being a landlord and young, so I'm hoping to learn from people who have experience with renting individual rooms. I'm using TurboTenant to h...
Hey everybody, My wife and I live in NYC and are likely planning on moving in about a year or so. At that time we'll have about 70-80k saved up. We have family in Texas (San Antonio) and lived there before. My wife is really against moving back to San Antonio but loves Austin, but also would be o...
Hi Everyone, As everyone seen my last post, I'm new to real estate, but I’ve been doing a lot of reading, listening to podcasts, and trying to learn as much as I can. House hacking is one strategy that really interests me, but I’m honestly a little lost on where I should actually begin. Other tha...
I’m a first-time buyer in Connecticut trying to decide the smartest way to get into real estate. I’m a single father with a young child, so renting out bedrooms to roommates isn’t something I’m interested in. If I house hack, it would need to be a multifamily where my child and I have our own pri...