All Forum Posts by: Siyi Tang
Siyi Tang has started 2 posts and replied 12 times.
Post: Creative strategies for house hacking
- New to Real Estate
- San Francisco Bay Area
- Posts 12
- Votes 14
Quote from @Jerome Morelos:
I would look for a home with an existing ADU like you mentioned. I also would look into the MTR strategy. ADU's are perfect for traveling professionals. So look for one within 5-10 miles of a level 1 or level 2 trauma hospital. After a year, you can move out the ADU and rent it as a MTR to supercharge your cash flow. This is what I'm currently doing and I also live in an expensive market (SoCal)
Thank you for the suggestions! We're considering MTR as well. Are you able to get consistent tenants for MTR or is it seasonal?
Post: Creative strategies for house hacking
- New to Real Estate
- San Francisco Bay Area
- Posts 12
- Votes 14
My partner and I plan to buy a home (single family or duplex) and house hack. We are not comfortable with sharing rooms with the tenant, so a separate entrance such as an ADU would be ideal. We are considering purchasing a home with an ADU, but also looking for other options.
Fellow investors, what creative strategies have you done for house hack? What would you recommend for an expensive market like the bay area?