Is House hacking the right move to make

[Juan Fernandez]

Hello, I was wondering if purchasing a house to house hack is even necessary? Due to the fact is that I have a rental as of now in Mesa. 

The income from my job helps me pay for where I am renting and for my mortage on the rental. So I am having a profit of over 1000 dollars because of it. 

So if I purchase a other house and this house would be in my name and my primary residence( the one I am in is not). I would just be with the same income because my other roommates would pay for my housing and I'll cover some utilities so it is as if I never left my house of renting and just added my name to the ownership right? 

So should I save up every penny to go and BRRRR a new house without house hacking?

sorry for the confusion. 

[John Warren]

@Juan Fernandez in most cases house hacking makes a ton of sense. Keep in mind that you make money multiple ways in real estate. If you are renting you have no chance of capturing appreciation, depreciation or equity pay down. If you house hack, you will get all of these even if the cash flow is not great. 

In my opinion, house hacking is seriously a no brainer for anyone that is just getting started. It is like a cheat code to wealth building and it lets you get so much land lording and business experience quickly!