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Updated almost 7 years ago on . Most recent reply

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Constance Rahming
  • Meridian, ID
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Numbers.. House Hack Attack!

Constance Rahming
  • Meridian, ID
Posted
I am currently looking to run the numbers for a duplex to find out what my NOI would be.. My question is if I plan to house hack this duplex should I not include the rent of the unit I plan on occupying to calculate NOI, since it technically isn't my income? Please help..

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Jeremy Taggart
  • Real Estate Agent
  • Pittsburgh, PA
615
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Jeremy Taggart
  • Real Estate Agent
  • Pittsburgh, PA
Replied

@Constance Rahming yupp that's what I do. Place a priority on after you move out but I also place some weight on how the numbers are when I live there. Idk how your market is but I am assuming it is like mine where you can usually find a place where you can live for free and possibly even get paid. So if I am deciding between 2 places that have similar numbers after I move out but one will enable me to get paid to live there compared to another that might have lower than market rents in the other unit while I live there, I will opt for the former. 

  • Jeremy Taggart
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DHRE- The Jeremy Taggart Team
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