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Updated over 3 years ago on . Most recent reply

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Hassan Ali
4
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10
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House Hacking (Newbie)

Hassan Ali
Posted

Hi Bigger Pockets Fam,

I recently purchased my first home in Katy, TX a suburb outside of Houston with top-rated schools in the area. The property is 3 Beds 2 1/2 baths at 2k sq ft. I wanted to get some suggestions around house hacking. I'm thinking of leveraging Airbnb to make extra income off the property to pay the mortgage by renting rooms.

Any suggestion when it comes to Airbnb?

Alternative platforms you suggest?

Any add-on technologies I should leverage to manage the property, cleaning service, or etc?

Anything helps!

Supposedly on AirDNA it says I could make this is revenue but I highly doubt it!

Most Popular Reply

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285
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Jimmy Woodard
  • Walnut Creek, CA
318
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Jimmy Woodard
  • Walnut Creek, CA
Replied

@Hassan Ali great to see you on BP! If you do go the Airbnb route, a couple things to keep in mind:

1. Cross-reference Airdna data with Rabbu to get a more accurate picture of potential revenue

2. Find a great photographer, handyman, and cleaning crew as they are the lifeblood of your business

3. Use automation and pricing tools like Your Porter, Wheelhouse, Pricelabs, and Beyond Pricing

4. As mentioned previously, research the competition to figure out what amenities you can offer to stand out from the competition.

You got my number so feel free to text me for any questions :)

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