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Updated over 1 year ago on . Most recent reply

Brittany Guimond's profile image
Brittany Guimond's profile image
Brittany Guimond
  • Realtor
  • from Denver, CO
  • Member since Aug 22, 2022
  • Posts 90
  • Votes 57
  • Experience 3 Yrs
  • Investments 3
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Brittany Guimond's profile image
Brittany Guimond's profile image
Brittany Guimond
  • Realtor
  • from Denver, CO
  • Member since Aug 22, 2022
  • Posts 90
  • Votes 57
  • Experience 3 Yrs
  • Investments 3
Connect
Brittany Guimond
  • Realtor
  • Denver, CO
57
Votes |
90
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House Hacking

Rent by the Room Pricing Strategy..?

Brittany Guimond
  • Realtor
  • Denver, CO
Posted

Hi friends! Considering a rent-by-the-room approach for a property we may purchase. For those who have experience with it, how did you price your room? I looked on rentometer, apartments.com, furnished finder and facebook marketplace. I only found comps on Furnished Finder, but would like a few more data sources to validate my findings. Thoughts? Thanks!

Denver, Colorado
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Andrew Postell's profile image
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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Fort Worth, TX
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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Fort Worth, TX
Replied

@Brittany Guimond when I house hacked and rented out the rooms I just based it on the mortgage payment.  It's probably a little better practice to use SOME type of research...but that's what I did.

  • Andrew Postell
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