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Updated almost 4 years ago on . Most recent reply

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16
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8
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Colin Caporal
  • New to Real Estate
  • Gainesville, VA
8
Votes |
16
Posts

STR Advice for House Hack

Colin Caporal
  • New to Real Estate
  • Gainesville, VA
Posted

I plan to purchase my first rental property in North Dallas in the Spring of 2022 (April-May). I plan to house hack a single family home in a growing area/neighborhood in the town of Plano or Richardson. I have one problem, my friends that I have asked to live with me wont be ready to live in my house until September. 
Does anyone have suggestions about how to get STR tenants for less than 6 months. Where can I find decent tenants? Does anyone have any idea how to avoid paying the mortgage for this time period of April to September?

Most Popular Reply

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1,328
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1,510
Votes
Joshua Janus
  • Realtor
  • Cleveland, OH
1,510
Votes |
1,328
Posts
Joshua Janus
  • Realtor
  • Cleveland, OH
Replied

I would agree with Jody and say the VRBO or AirBNB is the best route you can take. It will provide you a new experience, some cash flow and an intro to renting a property to someone. Have you considered house hacking a duplex or multi family?

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