Simple advice for house hacking.

[Ryan Anderson]

I'm very new to real estate investing but I just wanted to share something simple that I've learned so far with my first house hack.  As we all know, time is our most valuable asset but and in the begining we have to give a lot of it get the ball rolling.  As for me I have a good amount of spare time to work on research, helpin out other investors and doing general work around my house.  Now since I'm house hacking my first home I've learned something about myself.  Compared to the average person, I'm somewhat of a clean freak (I'd say around the 80% mark).  I know that most people don't care about it as much as I do and I've come to learn that this can cause tension in a house between roommates. 

To alleviate this proplem, this is what I did.

I charged each room the following:

1. $400 for the big rooms $300 for the smaller one.

2. $70 flat for all bills

3. $30 for general cleaning and supplies.

By charging the extra $30 a month per room mate (a total of $90) I get the costs of garbage bags, toilet paper, paper towels, dishwasher soap, cleaning supplies, etc paid for and I do all the general cleaning in the shared parts of the house.  This prevents resentment and hostility from (possibly) building up over who's turn it is to do or clean what.  With everyone happy in the house and no drama between eachother the house stays clean and roommates stay longer and those who leave almost always leave on good terms.

That just a little piece of advice that I have to offer, thanks for reading!