Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
House Hacking
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 3 years ago on . Most recent reply

User Stats

127
Posts
63
Votes
Kimothy Bynum
  • Real Estate Agent
  • Detroit
63
Votes |
127
Posts

How is everyone house hack going?

Kimothy Bynum
  • Real Estate Agent
  • Detroit
Posted

How is the house hacking experience going? Are you enjoying it? I'm currently house hacking and its been pretty smooth!

Most Popular Reply

User Stats

1,344
Posts
872
Votes
Brenden Mitchum
  • Rental Property Investor
  • Atlanta, GA
872
Votes |
1,344
Posts
Brenden Mitchum
  • Rental Property Investor
  • Atlanta, GA
Replied

Hey @Kimothy Bynum, stoked to hear your house hack is going well! 

Ours is going great so far. Been a couple years since we bought it and have only had to pay PITI a couple months that it was vacant. We even typically get enough to cover our utilities for the month so living essentially "for free" (until something breaks that is). We'll be moving out soon and renting out our side on Airbnb as a mid/long-term rental and are already booked for 8 months. Having only come out of pocket a small amount for downpayment (5%), closing costs and some repairs, our CoC will easily be in the high double digits (after factoring in repairs/maintenance). This strategy is just a no-brainer, regardless of current market cycle.

What about you? Would love to hear more about your house hacking journey!

Loading replies...