Corporate Leases: Are they worth it?

[Kristyn Grimes]

I was wondering if anyone is making a decent dime on corporate housing. We just bought our primary 4/3.5 in a nice gated community about 20 min outside the hustle and bustle. Tbh it's probably more than we needed but the numbers worked out, especially with the near zero interest rate we got in March ($1800/mo). 

I'm looking to make my first BRRRR purchase here in a few months and have really been looking into house hacking meaning we'd move out of here and into there. Obviously we've only paid down about $11k of our mortgage so selling it right now wouldn't make dollars and sense.

I've been thinking about possibly turning our home into unfurnished corporate housing that I'd manage myself or use a company to get my foot in the door. I have no idea what that entails but it's a HUGE industry here in Houston because of our local economies. Any thoughts, suggestions, dire warnings?