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Updated over 3 years ago on . Most recent reply

User Stats

16
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8
Votes
Colin Caporal
  • New to Real Estate
  • Gainesville, VA
8
Votes |
16
Posts

STR Advice for House Hack

Colin Caporal
  • New to Real Estate
  • Gainesville, VA
Posted

I plan to purchase my first rental property in North Dallas in the Spring of 2022 (April-May). I plan to house hack a single family home in a growing area/neighborhood in the town of Plano or Richardson. I have one problem, my friends that I have asked to live with me wont be ready to live in my house until September. 
Does anyone have suggestions about how to get STR tenants for less than 6 months. Where can I find decent tenants? Does anyone have any idea how to avoid paying the mortgage for this time period of April to September?

Most Popular Reply

User Stats

16
Posts
8
Votes
Colin Caporal
  • New to Real Estate
  • Gainesville, VA
8
Votes |
16
Posts
Colin Caporal
  • New to Real Estate
  • Gainesville, VA
Replied
Originally posted by @Jody Sperling:

Traveling nurses are a great option for 6 months or less. Otherwise, you can do the shortest of the short and open it up to VRBO and Air BnB for overnight stays. Put the price low enough and you should get decent response. Perhaps not the funnest option, but anyone can do anything for six months when the payoff is future wealth.

Google "STR traveling nurses", and you should get plenty of info on that, by the way. Best of luck!

This is awesome advice, thank you.

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