Seeking Insights: Phoenix House Hacking Market

[Michael Adamo]

Hello BiggerPockets community,

I'm exploring opportunities in the greater Phoenix real estate market, specifically in house hacking. Considering an inherited property in Los Angeles that could be rented for $6,000-7,000 monthly, and with monthly trips to Phoenix amid a child custody battle, I'm interested in understanding the current state of the Phoenix house hacking market.

If you have insights, experiences, or trends to share regarding house hacking in Phoenix, I would greatly appreciate your input. Are there specific neighborhoods, market conditions, or opportunities that make house hacking viable in the Phoenix area?

Your expertise will be invaluable as I navigate this decision. Thank you for sharing your insights!

Mike

[Noah Corwick]

Hey Michael!

House hacking under $500k is definitely possible, but just depends on your long term goal. House hacking a multi family for that amount will be tough, but it's totally possible with a SFH or townhouse.

There are some awesome strategic areas that will cash flow with a house hack + are nice appreciation plays. I'll shoot you a DM.