Updated over 3 years ago on . Most recent reply
House Hacking at my Parent's Home
Investment Info:
Single-family residence other investment.
Cash invested: $2,400
House Hacking at Parent's Home - Renting out Unoccupied rooms to students.
What made you interested in investing in this type of deal?
It's easy because I live there
How did you find this deal and how did you negotiate it?
I was born in it. Didn't take much negotiating when you tell your mom that you will take care of the mortgage payments for her.
How did you finance this deal?
Renting out rooms
How did you add value to the deal?
Used my network to find people to rent the multiple rooms
What was the outcome?
House Hacking
Lessons learned? Challenges?
Managing a house is harder than managing an apartment for students