Long Term Analysis of House Hacking

[Hassan Karaouni]

Per the post description, can anyone share how your ~1% rule house hack has performed over 5-10 years? 10-20 years? More? Or, if you haven't been house hacking for over 5 years, please share that too.

I'm particularly interested in knowing if financial components such as cash flow, property tax, etc have remained stable. I'm new to BiggerPockets and I'm interested in learning more about theory and practice in REI, so thanks in advance for any tips!

Motivation and Context

- I'm generally interested in analyzing the short- and long-term on any investment. It seems many house hacks also get flipped in 2-4 years, so I haven't seen much discussion of long-term outcomes if you commit to a specific property.

- There are many driving forces in extensively developed areas like San Francisco that make the 1% rule challenging, but what historically happens next for the areas in which the 1% rule is attainable? What does that mean for investors? For example, there are some markets where I could purchase a 100K property and rent the property for over 1K, but what happens to financial components over time in those markets? 

- My guesses: the 1% status of a market and positive cash flow on a property in that market generally stay stable for ~5 years. If the area starts to rapidly develop, then investors will experience positive appreciation but need to be mindful of rent control, property tax changes, etc. Positive cash flow potential might be reduced if interest in the property declines over time or newer and cheaper options become available.