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Updated over 5 years ago on . Most recent reply

James Morin's profile image
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James Morin
  • Member since Dec 20, 2019
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James Morin's profile image
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James Morin
  • Member since Dec 20, 2019
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James Morin
2
Votes |
7
Posts
General Landlording & Rental Properties

House Hacking Question!

James Morin
Posted

Hi everyone this is my first BP post! I just recently purchased my first property, it is a 3 family in Worcester, MA. My question is, if I am living in one of the units and renting out the others should I be cashflow positive from the other 2 units or should the rent total just have me break even after expenses thus having me essentially living for free. I hope i asked this question correctly. Also I do not plan to live here more than one year. After year one all 3 units will be rented. 

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Jordan Page's profile image
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Jordan Page
  • Rental Property Investor
  • from Birmingham, AL
  • Member since Mar 27, 2018
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Jordan Page's profile image
Jordan Page's profile image
Jordan Page
  • Rental Property Investor
  • from Birmingham, AL
  • Member since Mar 27, 2018
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Jordan Page
  • Rental Property Investor
  • Birmingham, AL
11
Votes |
31
Posts
Jordan Page
  • Rental Property Investor
  • Birmingham, AL
Replied

@James Morin Hey man, ain’t nothing wrong with living for free!!

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