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Updated 11 months ago,

User Stats

444
Posts
81
Votes
Jeffrey McKee
Agent
Pro Member
  • Real Estate Agent
  • Plano, TX
81
Votes |
444
Posts

Talk about a House Hack! Millionaire living on Galveston Island, Texas

Jeffrey McKee
Agent
Pro Member
  • Real Estate Agent
  • Plano, TX
Posted

What are yall's thoughts on adding a mansion-style house hack to your portfolio? I know what everyone is thinking...,if you can afford a million-dollar property you wouldn't rent the rooms. Well let's say you can't afford it, but you could get a DSCR loan and or a partner that would help with downpayment. Could this be a good short-term rental play? Grab value while they are low and sell in a few years. Let's talk texas gulf coast while we are at it. I am Legit looking for a short-term rental near the Gulf of Mexico so I can begin to act on the sail around the world in a sailboat dream.

Grand Manor Mansion is located in Galveston's East End Historic District and has been named one of the top 9 B&Bs on the Island
  

  • Jeffrey McKee

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