Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 on . Most recent reply

User Stats

2
Posts
1
Votes
Christian Beserra
  • Real Estate Broker
  • Spokane, WA
1
Votes |
2
Posts

House hacking in HOA community?

Christian Beserra
  • Real Estate Broker
  • Spokane, WA
Posted

Recently purchased a home which will be my primary residence. It is in a HOA community and have a friend that I would like to live with me and pay rent to house hack. Is there a formal process for taking this next step? Are the formalities necessary? Any help is much appreciated

Most Popular Reply

User Stats

400
Posts
234
Votes
Jason Lee
  • Real Estate Agent
  • New York, NY
234
Votes |
400
Posts
Jason Lee
  • Real Estate Agent
  • New York, NY
Replied

@Frank Chin FYI NYC co-ops have proprietary leases and so shareholders fall under NY state lease laws. The NY "roommate" law allows anyone under a lease to have a roommate. State law supersedes any co-op bylaw so co-op shareholders can have roommates without board approval. Now if you try to put the roommate on a lease that would change things (although not sure you can lease a single room), and the shareholder would have to use the co-op as primary residence. So you could technically house hack a co-op.

  • Jason Lee
  • Loading replies...