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 over 6 years ago on .

User Stats

70
Posts
25
Votes
Demario Scott
  • North Charleston, SC
25
Votes |
70
Posts

Working plan for a Garage house hack (THOUGHTS/OPINIONS please)

Demario Scott
  • North Charleston, SC
Posted

Hello,

The concept of house hacking makes a great deal of sense to me. I am 22 and I think I am in a solid financial state. I want to build my financial runaway and really getting a jump start on finical independence is the goal. I agree with Scott Trench and I see no better opportunity than to house hack. I am currently working on a plan to follow through to successfully house hack. I am reading set for life for a second time looking to catch every nugget in set for life to go in well educated. A way that I think I could really come out on top is by living in a garage and renting out the main rooms. I don't plan to do a make it a full conversion by any means but to keep it a fully functional garage that I live in. Plan considerations included below, I would love feedback. I am not sure if this is a ridiculous plan but If feasible I will share the process because sifting through the forms there isn't a great deal on the unconventional duplex or just living in a room in SF.

(considerations)

1. If it is permitted by the City and HOA.

2.Heating and cooling options.

3. Parking.

(Plans)

1. Get Permission to go ahead.

2. mini split air conditioner, insulation for garage door pop in options . (1k)

3. Live close to work so transportation isn't a major focus. (500)

4. paint, epoxy flooring

(2k initial investment, rent three rooms live free ? )