House Hacking in Northern Virginia

[Renee LeFevre]

We just bought a townhome in Woodbridge, Virginia. We want to rent out the basement as a one-bedroom apartment to defray the mortgage cost. Any advice welcome. Thank you!

[Matthew Kwan]

HI Renee,

Try looking into zillow/Redfin and see what your potential rents you can get near the neighborhood by filtering the bedrooms/bathrooms of the intentional property that you are planning to buy. This will allow you give a reference point on how much potential rent you can receive. (Max vacated rents - your monthly mortgage payment) = +/- net cashflow. Happy to connect and assist you in your real estate investing journey.

@Albert Bui @Carlos Valencia