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Brian Mackey
  • Real Estate Agent
  • Baton Rouge, LA
33
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84
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House Hack Realization...

Brian Mackey
  • Real Estate Agent
  • Baton Rouge, LA
Posted Jul 7 2020, 17:03

Hey so I was thinking about something the other day.  I currently House Hack, using AirBNB (Yes Covid has disrupted it a bit), but Pre-Covid I was covering the mortgage +1000's.  This equates to $2400 a month on average.

I got to thinking, I'm taking in $2400 a month and using it to pay for my mortgage and lifestyle, it's as if I have 12 doors at 200's a piece.  If that is the case is it actually even necessary for me to pursue purchasing more real estate?  I mean I'm looking all the time at potential deals, that will obviously add to my net worth if purchased properly.  But if they only produce 1-200 a door, is it worth all the effort when I've virtually got 12 doors in the form of the house hack?

I hope that makes sense.
  

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