Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime

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 1 year ago on . Most recent reply

User Stats

1
Posts
1
Votes

Stuck in rental lease looking to house hack first property.

Posted

My brother and I are currently in a rental lease paying $1500 in Portland, Oregon and we are looking to get away from being renters and get into the game of house hacking. between the two of us we have about $60,000 as well as looking to potentially move to a cheaper state. we currently are looking in Florida or Texas. we have family in Utah that we could stay with while we try to find a house. Is it worth it to break our lease which would cost monthly rent plus 1.5 times the rent to a total of around $2,242 and start now or better to start later when our lease ends in march of 2024? 

Most Popular Reply

User Stats

127
Posts
83
Votes
Carl Davis
  • Real Estate Agent
  • Utah
83
Votes |
127
Posts
Carl Davis
  • Real Estate Agent
  • Utah
Replied

When we have tenants that want to get out of an lease we give them the option of being flexible and helping us find a new tenant to replace them so there is no vacancy.

If your landlord is flexible this might be an option. Our main concern is just having qualified tenants with as little vacancy as possible. If you help them do that, they may be willing to work with you.

  • Carl Davis

Loading replies...