Househack horror stories?

Question

I'm under contract for a 4-plex house hack. I've read tons on this strategy but not to much on the bad parts. I'm going through with it no matter what but I was wondering what are somethings that have happen to you guys that just blew your mind or wasn't expecting. Or things to look out for. Thanx in advanced!!

Sean Lunny · Answer

I've had a great experience with my househack *knock on wood*  This story is about my first tenant.

I had great tenants, but my first found out I was the owner and similar to my age - so he acted like I was one of his buddies, which is all good and fine but in the end, its a business. I had to draw the line at one point when he said something along the lines of "quit your bitchin'" when I had told him to make sure his driveway clear for the plows to come.

There was also  a time when I clearly heard him having sex. Not sure if it was with another person or himself, but either way grossed me out LMAO

He ended up leaving about 6 months into his lease - which was fine with me - and I have had two awesome tenants since.

Thats really the only "horror story" I have - only other thing I'd mention was that there will be unexpected repairs (leaks, door handle repair, the proverbial clogged toilet, etc)

Hope that helps and you got a chuckle!

David Espinosa · Answer

@Sean Lunny.  lol good one one for sure!!! I didn't think about noise, my kids are loud af I might chase away all my tenants...... I've factored for repairs though I had hard time because I could have purchased property cheaper but wanted the seller to pay all closing costs just so I could have a chunk of money so I can absorb the unknown. Thanks for your story! I'll have to start now with my kids not bouncing off the walls all the time lol!