Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
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

Updated over 2 years ago,

User Stats

12
Posts
6
Votes
Tim Duffey
6
Votes |
12
Posts

When running numbers for a house hack

Tim Duffey
Posted

Hi guys, 

I am searching for a house hack in my area. When I run the numbers to see if it cash flows, should I run it while I am living there or if I should run it like if I wasn't moving there, (like when I move out eventually). Because I have ran numbers on properties without me living on the property and none are good cash flowing properties initially.

Also, for my 1st rental property and house hack, do you guys focus a lot on cash flow by the way? I've been told for a house hack and me living there for a few years, it is more of a long term growth. Which my CoC would be positive in 5-10 years. But would start off in the negatives pretty well. Curious if I should have a different mindset when house hacking on my CoC, ROI, and cashflow. I like to live in a good neighborhood where crime is low which where I live my cashflow will suffer. Seeking any advice an have with their previous house hack and how it worked out for them with there cashflow, ROI, and CoC. Thank you.

Loading replies...