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Updated over 4 years ago on . Most recent reply

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37
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29
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Taylor Thompson
  • Property Manager
  • Denver CO
29
Votes |
37
Posts

What you wish you knew before house hacking

Taylor Thompson
  • Property Manager
  • Denver CO
Posted

Currently I’m in collage and will be out in about 3 years. I plan on starting out with house hacking and just trying to educate my self with everything I can. I wanted to hear people who have experience with house hacking and just an overview of what they wish they knew before starting, any feedback would be appreciated!

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Replied

Could have I have been more prepared? Had more resources in place. My advice is be professional in all your tasks. Have a strong lease and renters guide in place. Don't rent to friends: is your friendship worth $100-1000 you will find out. Be friendly but not friends. Take care of their needs and complaints quick and done right. Be mindful when you pick a tenant. They will be living with/near you. You will create your own problems and success. Feel free to reach out, good luck on your journey.

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