General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago,
SFH House Hacking - Renting out on a Per Room Basis
Hello!
I'm a recent college grad looking to start house hacking in the next 6 months. I looked at Duplexes/Triplexes but found trouble finding MFH work given how much money I have (limited to $30k down), so I pivoted to looking at SFH, specifically 4br around $230k range.
The trouble is I have no connections where I just moved so I can't get my friends to rent from me, which leads to my questions:
For those who have rented out on a per room basis, did you find that the rent per room dropped significantly compared to if you rented all rooms out in one unit? Where I live, there are no basements or any clear way to separate a SFH into multiple units. Generally speaking, is it worthwhile to buy a SFH to house hack?
Thank you all so much! All feedback is appreciated.
(Including if you know how to get rid of all these numbers! They don't appear in the edit panel!)