Traditional House Hacking/Small Multifamily in Texas

[Kenneth Quattrocchi]

Does anyone have any experience or insight into traditional house hacking or small multifamily rentals in large Texas markets? With the high property taxes, I'm finding it very difficult to get anything close to cash flowing fully rented without doing something creative. I'm looking at Houston in particular, but I imagine the same goes for DFW, Austin, San Antonio, etc.

[Grace Wang]

@Kenneth Quattrocchi I'm in the Denver market, which is also pricey, but many house hackers will rent by the room in our market. I would check with local rental laws to see if they have caps on how many unrelated occupants you can have in one unit. But just as an example: From a numbers perspective, my 5 bed 2 bath is bringing in ~$3750 (rent by room strategy) versus if I were to rent it out as a single family home... ~$2700/month.

property taxes in denver are much lower than Texas, but I would look into this strategy just in case! Best of luck :)