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Updated over 5 years ago,
Losing Money on a House Hack
Hello You All,
I would not say I'm new to the idea of investing, in fact, I've been obsessed for years. However, I am just getting to the point where I feel comfortable enough to put out feelers and begin the process. I am leaning towards a house hacking situation in a college town. Every few days, I'll run the numbers on a few duplexes and triplexes in the area and each time the cashflow is negative. But, is coming out of pocket 360 dollars a month comparable to paying rent? Is it so bad if the outcome is not necessarily income, but a reduction of personal expenses?