General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago on . Most recent reply

Is this a good househack?
I have a property I hope someone can help me think through.
4Plex
255K Purchase Price
2,850 Gross Income
2,110 Payment including taxes and Insurance..
I want to live in one and rent the other 2. So gross would be like 2150 or so. Should I go for it? I'd almost live for free..
I'm putting down 3%
Most Popular Reply

Originally posted by @Isaac Trevino:
I have a property I hope someone can help me think through.
4Plex
255K Purchase Price
2,850 Gross Income
2,110 Payment including taxes and Insurance..
I want to live in one and rent the other 2. So gross would be like 2150 or so. Should I go for it? I'd almost live for free..
I'm putting down 3%
Live in one, rent the other 2...or 3? (4plex, not a triplex, right?)
Seems like a solid house hack. Make sure you got some reserves in case you need to spend a little to fix it up.