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User Stats

43
Posts
28
Votes
Justin Brown
28
Votes |
43
Posts

House hacking excel sheet

Justin Brown
Posted

Hey just wondering if any of you guys have any house hacking excel sheet or calculators that help determine what your cashflow will be? I would greatly appreciate that!

Most Popular Reply

User Stats

757
Posts
1,043
Votes
Julien J.#5 House Hacking Contributor
  • Investor
  • CO
1,043
Votes |
757
Posts
Julien J.#5 House Hacking Contributor
  • Investor
  • CO
Replied

@Justin Brown

The only thing I would add, is the house hack strategy's underlying timelines is long term.

Do play out the next 5 years with cost, rent, and appreciation increase.

Don't forget the tax advantages as the cherry on top.

User Stats

358
Posts
308
Votes
Daniel McDonald
  • Real Estate Agent
  • Beverly, MA
308
Votes |
358
Posts
Daniel McDonald
  • Real Estate Agent
  • Beverly, MA
Replied

Happy to share mine. Feel free to connect! 

User Stats

459
Posts
641
Votes
Katie Miller
  • General Manager, Publishing at BiggerPockets
  • Denver, CO
641
Votes |
459
Posts
Katie Miller
  • General Manager, Publishing at BiggerPockets
  • Denver, CO
ModeratorReplied

@Dave Meyer created a House Hack vs. Buy vs. Renting calculator! It's on our resources page here, if you scroll down a bit: https://www.biggerpockets.com/resources

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User Stats

43
Posts
28
Votes
Justin Brown
28
Votes |
43
Posts
Justin Brown
Replied
Quote from @Daniel McDonald:

Happy to share mine. Feel free to connect! 


 Let us connect. I am down for that!

User Stats

14
Posts
6
Votes
Replied
Quote from @Daniel McDonald:

Happy to share mine. Feel free to connect! 


 Hi Daniel, Send you a connect and following request. Would you pl. be able to share it with me pl. 

Thanks

Peter

User Stats

457
Posts
291
Votes
Christian Ehlers
  • Real Estate Agent
  • NH & MA
291
Votes |
457
Posts
Christian Ehlers
  • Real Estate Agent
  • NH & MA
Replied

I usually just use the BP calculators and run the property through 2 scenarios, 1 while living in the property and 1 for the move out. The house hack vs buying calculator is also super helpful too!

User Stats

757
Posts
1,043
Votes
Julien J.#5 House Hacking Contributor
  • Investor
  • CO
1,043
Votes |
757
Posts
Julien J.#5 House Hacking Contributor
  • Investor
  • CO
Replied

@Justin Brown

The only thing I would add, is the house hack strategy's underlying timelines is long term.

Do play out the next 5 years with cost, rent, and appreciation increase.

Don't forget the tax advantages as the cherry on top.

User Stats

27
Posts
10
Votes
Angel Velazquez
  • Developer
  • Dallas, TX
10
Votes |
27
Posts
Angel Velazquez
  • Developer
  • Dallas, TX
Replied

Hi Justin -

I am working on a new tool to make real estate investment analysis a data-driven process. Our solution combines real estate data with the power of AI to help users analyze their deals faster and with more confidence to make better decisions and buy better deals.

We're in the early stages and would love to hear from you. Your feedback and experiences could greatly help us fine-tune our approach or develop other features that you would find valuable.

User Stats

1,741
Posts
1,424
Votes
Ryan Thomson
#1 House Hacking Contributor
  • Real Estate Agent
  • Colorado Springs, CO
1,424
Votes |
1,741
Posts
Ryan Thomson
#1 House Hacking Contributor
  • Real Estate Agent
  • Colorado Springs, CO
Replied

Hey @Justin Brown I have a great househacking spreadhseet that captures the ROI and cashflow both for the short term and each year after until the loan is paid off. I think it will help you make good and long term decisions. It's been super helpful for myself and my clients in Colorado Springs.

DM me and I can share it with you. 

  • Ryan Thomson
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The Assumable Guy
5.0 stars
44 Reviews