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Updated over 5 years ago,

User Stats

63
Posts
47
Votes
Nakia Addison
  • New to Real Estate
  • Las Vegas
47
Votes |
63
Posts

Inquiry house hacking

Nakia Addison
  • New to Real Estate
  • Las Vegas
Posted

I now have a consideration for house hacking. The reason I'm open to this option is because the market that I reside in is currently above my price point criteria. 

Question1: Is there a cash flow criteria for house hacking?

Question 2:Are the primary startegies for house hacking is to live rent free while owning a property while landlording?

I'm asking because I've done analysis on a few multifamily properties and cash flow wasn't ideal but the mortgage would be covered by the tenants. 

This lead me to question 3. Are all utilities considered to be covered by tenants?

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