Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 about 9 years ago on . Most recent reply

User Stats

27
Posts
10
Votes
Akwasi Degraft
  • Harlem, NY
10
Votes |
27
Posts

Any successful House hacking in Westchester NY?

Akwasi Degraft
  • Harlem, NY
Posted
House hacking seems to be a great way for me to get started but I understand Westchester, NY might be difficult because of the high prices. Are there any successful house hackers in the Westchester area?

Most Popular Reply

User Stats

83
Posts
16
Votes
Tara Ballenger
  • Real Estate Agent
  • Portland, OR
16
Votes |
83
Posts
Tara Ballenger
  • Real Estate Agent
  • Portland, OR
Replied

 @Jerry Padilla

I definitely agree. In high priced markets, you have to consider not only appreciation, but possible savings over renting. I'm in Portland, and here, it's very common for adults to have roommates just to be able to pay rent (which can quickly exceed $1,000/month for a one bedroom apartment). If you can rent out rooms of a SFH you own, you're not only having other people pay a considerable chunk of your mortgage as the property appreciates, but you're often saving outright over just renting. Same goes for FHA owner occupied plexes (if you can get the numbers to work). Every market is different and the definition of success is relative.

Loading replies...