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Updated about 4 years ago,
Looking for advice for first house hack (SFH)
Hello everyone,
I will be doing my first house hack with a SFH 4 bed, 2 bath starting on Feb 1. If anyone has any experience in this area and would like to provide some advice it would be appreciated!
My primary question right now is - How do I determine how much to charge for rent?
I am currently thinking about this in the following way - I was thinking about charging $400-500 less than prices for 1-1 apartments in the area, to account for the inconvenience of sharing a living space and bathroom. This would be about 800,900 per room.
To provide a little more context - its a 360k, 2,100 sq ft house in Bradenton, Florida in a nice neighborhood/area.
Thanks in advance!