Tips and advice for first time house hacking.

[Alexandro Paredes]

I have a 3 bed 2 bath in KC that I want to rent out 2 of the 3 beds. What advice can yall give to go about this successfully. I want to work up to renting out the whole house and moving on to the next property and building a strong rental portfolio from there.

[Alex Olson]

Originally posted by @Alexandro Paredes:

I have a 3 bed 2 bath in KC that I want to rent out 2 of the 3 beds. What advice can yall give to go about this successfully. I want to work up to renting out the whole house and moving on to the next property and building a strong rental portfolio from there.

I have sortof done this in Kansas city. Best advice is to do it...but make sure you have real leases (use cozy.co/apartments.com if you need to) and a roommate agreement that spells out the rules. Have them sign a 6month lease to start. Advertise on hotpads and Facebook. Keep it very simple and fair.Hope that helps.