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Updated almost 5 years ago on . Most recent reply

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6
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Donnell D Foster
  • Specialist
  • Holly, MI
0
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6
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Analyzing numbers for the first time

Donnell D Foster
  • Specialist
  • Holly, MI
Posted

I am on analysis number 1 of my 100 deals analyzed journey. I want to house hack for my first investment. I used the BP rental property calculator to determine cash flow for a home in my area. How do run numbers for a house hack? Is there a house hack calculator that can tell me that it’s a good deal or not? I ran the numbers and it shows the cash flow in a negative which is obvious because I’m not renting out the one side I would be living in it. So how do I change the formula to account for myself living in it?

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