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Updated almost 6 years ago,
House Hack Analysis - Dickinson/ Houston/League City Texas
Hey fellow BP members, I want to concentrate on analyzing house hack rental properties. I am in the Houston area and house hacking appears to be pretty hard over here. Well, irregardless Let's get to this house hack analysis, I want to be a pro at this and right now I'm a novice. I'll be pumping these analysis out pretty frequently so if you want to get better with me, then embark in this journey with me. Well, let's get to it.
I'll be using the 4-square method and an FHA loan at 3.5% down. Below is the numbers for the house 13107 Garlenda Ln Houston, TX 77034. Built 2004 and is a 3/2 Single Family. Doesn't appear to have major defects, and I can probably rent out 2 rooms at $700 . What on this have I messed up at or what suggestions do y'all have?