Wholesaler · Oceanside · Member since 2022 · 16 posts · 28 votes
Currently looking for property to house hack with my VA Home Loan. The strategy is to rent the rooms out to Marines and Sailers near Camp Pendleton. In addition to the room rentals, I intend to rent out a airstream, travel trailer, or a yurt in the yard on AB&B. Do you believe this is a good strategy or is this too much to squeeze out of one property
I'm looking mainly at 2-3Bedroom Homes in Fallbrook with large lots. Thank you for the advice!
Lender · Charlotte, NC · Member since 2022 · 739 posts · 410 votes
4y
Hi @Jake Johnson, it can definitely be a good strategy. As long as the AirBnB is sufficiently separated from the main tenants and they have their own amenities without needing to come into the main house, it should not be an issue. However, if you have the stranger of the night walking in and out of your main house, that could potentially cause some issues.
Currently looking for property to house hack with my VA Home Loan. The strategy is to rent the rooms out to Marines and Sailers near Camp Pendleton. In addition to the room rentals, I intend to rent out a airstream, travel trailer, or a yurt in the yard on AB&B. Do you believe this is a good strategy or is this too much to squeeze out of one property
I'm looking mainly at 2-3Bedroom Homes in Fallbrook with large lots. Thank you for the advice!
Why not just get a duplex? You can rent out the other side and rent out the rooms on your side. I think this idea could work it just depends on the property and how much land. You just wanna make sure that there is enough privacy for your other renters. Because if you get bad reviews that could kill your business.
Currently looking for property to house hack with my VA Home Loan. The strategy is to rent the rooms out to Marines and Sailers near Camp Pendleton. In addition to the room rentals, I intend to rent out a airstream, travel trailer, or a yurt in the yard on AB&B. Do you believe this is a good strategy or is this too much to squeeze out of one property
I'm looking mainly at 2-3Bedroom Homes in Fallbrook with large lots. Thank you for the advice!
Why not just get a duplex? You can rent out the other side and rent out the rooms on your side. I think this idea could work it just depends on the property and how much land. You just wanna make sure that there is enough privacy for your other renters. Because if you get bad reviews that could kill your business.
A duplex would be ideal. Small multifamily is absolutely in the search criteria, but most of the qualified properties for the VA Home loan are SFH, some with ADUs.