Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Classifieds
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

User Stats

31
Posts
5
Votes
Perry Z.
  • Investor
  • Seattle, WA
5
Votes |
31
Posts

Great house-hack modern 3bed/2b condo in Bay Area

Perry Z.
  • Investor
  • Seattle, WA
Posted

Hi there, 

I am selling this http://www.zillow.com/homedetails/1-Crescent-Way-A... for-sale-by-owner. Reasons for selling are I am moving to Seattle and bought a new place there. 

I am doing for sale by owner to reduce commission. Bought it at $750K and want to break even. The rents are $4150, mortgages+taxes+insurance are $2750, property taxes $6800/yr, and utilities are $150 per month. HOA is $495. However, if you are buying this home and want to live there with roommates, you would get another $600-700/month in tax deductions. That is, it is a perfect property to house-hack, and that was what I did.

The tenants are incredibly well-educated and financially responsible, and I hope to sell this as an investment property (and not ask them to move). If you really want to buy free of tenants, let us work out a timeline. 

Breakdown of rents:

Master: $1760

Medium: $1410 ($1250 + $60 utilities + $100 parking)

Small: $960

Message me on BP if you have any questions! 

Offering

Loading replies...