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Updated over 8 years ago,
House Hacking
When trying to consider an investment in, what on BP is called, house-hacking. What is the best way for one to go about getting tenant. In owning a 2 unit, aren't you paying double the mortgage essentially? How difficult is it to find a 2 unit for the price of one? For example, owning a unit with 3 beds and 2 baths, where you reside yourself with 2 other people, how do you go about charging, essentially your own roommates rent? Are tenants ever resentful of the fact that you are sharing the same space and profiting off of them? Perhaps I am a bit confused as to how house hacking can work. Please add any comments regarding the subject. Thanks! From New Jersey.
- Alexandra Preziosi