Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago, 07/08/2020

User Stats

84
Posts
33
Votes
Brian Mackey
  • Real Estate Agent
  • Baton Rouge, LA
33
Votes |
84
Posts

House Hack Realization...

Brian Mackey
  • Real Estate Agent
  • Baton Rouge, LA
Posted

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.
  

Loading replies...