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Updated about 8 years ago on . Most recent reply

User Stats

320
Posts
157
Votes
Isiah Ferguson
  • Investor
  • Charlotte, NC
157
Votes |
320
Posts

Looking to house hack to avoid...

Isiah Ferguson
  • Investor
  • Charlotte, NC
Posted

Hey BP fam. 

I brought a duplex in a C- neighborhood almost 1 yr ago. I brought the property for cash. I inherited tenants on both sides. I had to evict the tenant in unit A about an month ago. The process was a good learning experience overall. On the other hand, I've been renting this entire time. Now, that I have a unit vacate me and my wife are considering moving in (House Hacking) the other unit instead of renting and renewing our lease here at our complex. If we live in the vacate unit we will be rent free. We will have opportunities to save more or travel a little because its something we always wanted to do. I just feel sorta weird because the tenant in unit B lease is going to end soon and we have to renew. Also she thinks I'm just the property manager and now that I'm considering moving to the unit. We must meet to discuss lease renewal. How should I mention I'm considering moving to the vacate unit ? or I'm just thinking to much into it. I just want the transition to be smooth...

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