Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 almost 6 years ago,

User Stats

2
Posts
0
Votes
Ethan Holder
  • Fargo, ND
0
Votes |
2
Posts

House Hacking in College

Ethan Holder
  • Fargo, ND
Posted

I am in college and have been interested in eventually getting into rental properties after college. But after reading some more books on the topic I have been thinking about trying to buy a house and rent to the people I was planning on renting a house with. The problem that I have been running into as I have been looking at properties and running the number is that I won't make much money after I have paid mortgage, insurance, taxes, maintenance, etc. Is this normal while house hacking, or am I not finding good enough deals? Should I count me living there for free as getting "paid"? Should I wait until after college to get into real estate? I wasn't really expecting to make much money while living there, but I am worried about being able to save enough money to be able to pay for CapEx. when things do break. For reference I have enough money saved up to fund it for six months without tenants, and also my school is completely paid for so the majority of the money I make can go into this property.

Loading replies...