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Updated over 5 years ago on . Most recent reply
What CoC ROI should I aim for when I plan to house hack?
During the webinar Brandon mentioned that he shoots for an 12% CoC ROI on his rental properties. This makes sense if you can rent out all of the units. However this figure seems more difficult if I plan live in one of the units.
If I intended to house hack and live in one of the homes, what CoC ROI should I aim for?
Most Popular Reply
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@Santino Lauricella you nailed it. Negative cashflow in a house hack is ok if the numbers work with you not living there. When I house hack, I actually "charge" myself market rent when running the numbers each year. It always makes me smile at the end of the year :). Besides, you have to live somewhere; might as well pay yourself first!
Best of luck my dude!