Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on . Most recent reply

User Stats

227
Posts
35
Votes
Jonathan Perez
  • Realtor
  • Jacksonville, FL
35
Votes |
227
Posts

How do I analyze a house hack deal single family

Jonathan Perez
  • Realtor
  • Jacksonville, FL
Posted

There's this single family home I'm looking at. They're asking for 85k. It is fully renovated. Looks really good. The area is decent. Maybe just at mid class line. Any way so since I plan on house hacking it, where do I start in the analyzing process? And where do I determine? Thanks in advance.

Most Popular Reply

User Stats

2,733
Posts
2,486
Votes
Nicole A.
  • Rental Property Investor
  • Baltimore County Maryland and Tampa Florida
2,486
Votes |
2,733
Posts
Nicole A.
  • Rental Property Investor
  • Baltimore County Maryland and Tampa Florida
ModeratorReplied

So basically, you'd be renting out the extra bedrooms in your home? We do that.

I would suggest you get on a site such as www.roomates.com. Then search for the going-rate of bedrooms for rent in your area. Search on Craigslist too.

If you're only seeing things like basements for rent, then take that average rent amount and know that you'll need to be a little lower. Determine if you'll include or split utilities (we split utilities).

What is your goal? The rents will probably get you a nice break in your mortgage amount out of your own pocket each month.  The big key is don't buy a house that you can not afford without roommates!

  • Nicole A.
  • Loading replies...