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Updated over 4 years ago on . Most recent reply

User Stats

12
Posts
10
Votes
Alex Ritter
  • Investor
  • Winston Salem, NC
10
Votes |
12
Posts

SFH House Hack Advice - I Want to Hear Your Hot Takes

Alex Ritter
  • Investor
  • Winston Salem, NC
Posted

I'm looking to buy my first house hack and wanted to see if anyone had tips, tricks, advice, or potential mistakes to keep in mind when analyzing potential deals, especially since I'll be most likely doing this in a SFH. Even though I prefer small multi-family properties - my local market lends itself to small single family starter homes.

What do you think are the most important factors in picking a potential house-hack, considering I plan to do this every year for the foreseeable future and my focus are buy and hold cash-flowing rental properties. 

Some things I'm considering 

-Location (balancing the popular local neighborhoods for room rentals with areas that might be better for long term appreciation and SFH rentals)

-Sweat Equity Opportunities 

-Bedroom/Bathroom Breakdown 

-Condition

Am I missing anything? 

Thanks 

AR

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