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Updated over 5 years ago on . Most recent reply

User Stats

13
Posts
5
Votes
Daniel Lichtenfels
  • Accountant
  • Pittsburgh, PA
5
Votes |
13
Posts

House hacking expectations

Daniel Lichtenfels
  • Accountant
  • Pittsburgh, PA
Posted

I plan to purchase my first investment, either a duplex or triplex, in my area in the fall, once i graduate from college to house hack. I started to analyze properties in different areas near me to get a good understanding of what to expect and look for. I have been reading books and listening to podcasts, but one thing i haven’t found is what to look for and expect as far as how much to expect to cash flow (if any) while living in one unit.

For example, if i have a duplex that i live in one side and rent the other, should i be running numbers in anticipation to just have the one tenant pretty much just pay my mortgage? Or should I be looking to also cashflow still?

Hope my question is clear!

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