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Updated over 4 years ago on . Most recent reply

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21
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3
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Salman P.
  • Tacoma, WA
3
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21
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Househacking in Tacoma Washington area..

Salman P.
  • Tacoma, WA
Posted

I m trying to house hack in Tacoma Wa area. Been in the market for almost a month. In the beginning I was thinking to get a 2/1 2/1 duplex, but for 99% of properties numbers just don't make sense I know once I move out and rent out other portion too they would go in cash flow negative. Now I am thinking to either get a triplex 2/1 2/1 1/1 and stay in the smallest portion or get an SFR 3/2 + Adu 1/1.

Any advice from any house hackers who have done it before? Anything I am missing out?

So far I think it’s a sellers market for sure anything I even consider putting an offer gets a plus 10K asking price. Appreciate you all, Thanks

Most Popular Reply

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11
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9
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Trevor Ramos
  • Specialist
  • Des Moines, WA
9
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11
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Trevor Ramos
  • Specialist
  • Des Moines, WA
Replied

@Salman Paracha

My wife and I went through the same thing all summer. We landed on mother-in-law suites being the best option for us given we have a family and don’t want strangers living with us.

We ended up getting a SFH that is a 3/1.75 upstairs and 2/1 downstairs that has space to add a kitchen area downstairs and are currently going through the remodel planning so we can rent and stabilize.

If you're going to go that route make sure you are looking at properties that have plumbing, electrical and drainage all close to where you need to add your extra sink/stove and obviously check the ADU or AADU laws in your city and find properties that can match that.

Here's some helpful terms for searches that we used to find properties with potential properties on MLS:

MIL, mother-in-law, in-law, suite, 2nd kitchen, 2 kitchens, separate entrance, separate living, multi-generational, multi generational

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