Updated over 4 years ago on . Most recent reply
What are some creative ways to find house hacks in hot market?
Looking for a house hack within the next year I’m looking for ideas to find deals and finance them
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I think a way to make a house hack a deal in a hot market is to look for things that others don't see. Lots of people are looking for a duplex and its hard to find. Maybe you find something with a large square footage that you could add a bedroom or bathroom and increase rental rate, or a basement with a potential separate entrance that can be its own unit. Depending on your personal situation you will need to determine if you'd like 2 units or a rent by the room situation. Renting by the room is a way to maximize income, but of course comes at the cost of comfort, totally an individual decision. Good luck!