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Updated over 4 years ago,
How nice does your SFH need to be to house hack / rent out rooms?
Hi everyone - would love some feedback / insight from those who have house hacked a SFH successfully before.
I'm looking to buy my first place (in Oakland, CA - Fruitvale specifically) and wanted to rent out some rooms in the place I'm looking at. It's walk / bike-able) to public transportation (Bay Area Rapid Transit). Very blue collar area, but not too bad in my opinion.
The place itself is pretty solid, but like mentioned in the description, it's not remodeled or shiny at all. Carpet in every room, mostly shades of brown for all interior, no double pane windows, etc.
This doesn't bother me at all, but will this affect:
- 1) My ability to get potential renters at all? (especially with covid in play)
- 2) If I do attract renters, will they all be of lower quality? I'm hoping for young professionals like myself to occupy the rooms, but I'm wondering if that's unrealistic.
Much appreciated -