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Solen Kebede
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Moving out of my House Hacking home

Solen Kebede
Posted

Good Morning Everyone! I have been a huge fan of the BiggerPockets Podcast for years now, but I am just now creating an account on this site. Real glad to be a part of this community!

I am currently house hacking my townhome in Silver Spring, MD and have been doing so for just short of 3 years. I am looking to move as early as November of this year to get a second property closer to Washington DC (~ 1 hour drive).  I live a townhome with five bedrooms and am currently renting out 4 of the rooms (one person per room) and living in the master suite. It is worth noting that 2 of those bedrooms are in the basement which has its own entrance and is an independent unit.  To date I have been self-managing my property and it has been pretty straight forward since I was living there. However, with me moving out I will not be "there" all the time and that is making me wonder how I can manage this property with 5 tenants. 

I would like to continue to self-manage this property, but I am open to a management company. As of now I am looking for any advice on what I should be doing to prepare for this transition and how people have successfully managed room sharing properties. Any advice would be appreciated.  

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