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Updated over 4 years ago, 07/08/2020
House Hack Realization...
Hey so I was thinking about something the other day. I currently House Hack, using AirBNB (Yes Covid has disrupted it a bit), but Pre-Covid I was covering the mortgage +1000's. This equates to $2400 a month on average.
I got to thinking, I'm taking in $2400 a month and using it to pay for my mortgage and lifestyle, it's as if I have 12 doors at 200's a piece. If that is the case is it actually even necessary for me to pursue purchasing more real estate? I mean I'm looking all the time at potential deals, that will obviously add to my net worth if purchased properly. But if they only produce 1-200 a door, is it worth all the effort when I've virtually got 12 doors in the form of the house hack?
I hope that makes sense.