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Updated about 4 years ago,

User Stats

22
Posts
2
Votes
Jonathan Craig
2
Votes |
22
Posts

House hacking Questions

Jonathan Craig
Posted

I have some questions:

I recently bought a 5 bedroom 3 bath house. I plan to househack it and I have some general questions.

1) Should I rent the whole house as a 4 bed 2 bath or by rooms individually? If I rent by room, I'm looking at 37% increase in ROI and 2-3% increase in cap rate than doing the whole house. What has everybody experiences been househacking by room? Is it worth the headache for 4 separate leases or just rent one lease for the whole house? I'm used to living with people but not landlording over them.

1)  How do you advertise a househack on FB Marketplace, Zillow, Craiglist, etc? If you have any templates or wording that works consistently for you I'd appreciate it.  

2) Controlling the temperature while house hacking.  How do you control the temperature amongst 3 to 4 other housemates?  How do you make sure fights don't break out about this. 

3) Splitting the utilities while house hacking.  If your house hacking, do you split utilities with housemates or include in the rent?  Does this strategy change if you go by room versus whole house?  

4) Washer and Dryer.  Do you provide w/d in the unit or do you require tenet to purchase.  I bought w/d in a previous househack but i've been told not too because it's one more item you have to maintain. 

Thanks for any help you can provide. 

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