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Updated almost 8 years ago on . Most recent reply

Hardeep Singh's profile image
Hardeep Singh's profile image
Hardeep Singh
  • from Pinole, CA
  • Member since Sep 28, 2017
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Hardeep Singh's profile image
Hardeep Singh's profile image
Hardeep Singh
  • from Pinole, CA
  • Member since Sep 28, 2017
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Hardeep Singh
  • Pinole, CA
8
Votes |
28
Posts
Real Estate Deal Analysis & Advice

Duplex House Hacking

Hardeep Singh
  • Pinole, CA
Posted

Is it a good deal to get a duplex (for the purpose of house hacking) if you paying small amount from your pocket every month to cover all the costs?

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Steve DellaPelle's profile image
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Steve DellaPelle
  • Rental Property Investor
  • from Salem, NH
  • Member since Dec 19, 2016
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Steve DellaPelle's profile image
Steve DellaPelle's profile image
Steve DellaPelle
  • Rental Property Investor
  • from Salem, NH
  • Member since Dec 19, 2016
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Steve DellaPelle
  • Rental Property Investor
  • Salem, NH
276
Votes |
460
Posts
Steve DellaPelle
  • Rental Property Investor
  • Salem, NH
Replied

If all your expenses come out to $1,200 (PITI, Cap Ex, Vacancy, Maintenance, etc.) and rental income is $1,000 then you are paying $200 out of pocket every month to live...this means your personal budget will THRIVE and allow you to save much more per month.

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