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 over 5 years ago,

User Stats

492
Posts
234
Votes
William S.
  • Rental Property Investor
  • Overland Park, KS
234
Votes |
492
Posts

How to offset my mortgage, taxes, insurance by not househacking?

William S.
  • Rental Property Investor
  • Overland Park, KS
Posted

My fiance and I have house hacked a duplex in the past. It was a high end duplex in a great area and required little to no work. We hardly ever heard our upstairs tenant. Sometimes we forgot we lived in a duplex. I took care of anything that came up as well.

Since then, we have moved out of state and are once again talking about where we should buy or if we should... I mentioned to her that I want to pay $0/m for my living expenses (mortgage, taxes, insurance). I initially suggested getting a fourplex and putting down 3.5% down to cover all of the costs, plus have property management in place. Yet she refuses.

She wants "our own place." I want "our own place" at $0/m.

House hacking and rentals seem to be not be an option for her to offset the cost. Does anyone have alternative ideas to offset this cost? Any other income sources that does not intrude on our lives? My initial thoughts were REITS/Dividends, but that requires a lot out of pocket. A fourplex 3.5% down is the best bang for the buck in my opinion.

This next home is going to be purchased 50/50.

Loading replies...