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Updated over 4 years ago on . Most recent reply
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House hacking in San Francisco
I was wondering if there is anyone out there that has successfully house hacked in San Francisco/bay area and live there rent free. I have been doing the numbers and Struggling to see it working without me actually having to contribute to the mortgage payments along with the tenants payments. I have invested out of state but I would love to invest where I live. I don't mind contributing to mortgage rather than me paying rent for another place but that would seem to defeat the purpose of house hacking. Would love to hear peoples thoughts.
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@Ned Carey I was thinking that as well since there is such a shortage on houses in SF that the demand is high but recent times it is dropping as people can work remote during this pandemic and now we are seeing a decrease in rent amounts because people are leaving outside the city. So if the demand drops, I can only imagine that appreciation will not happen for years down the line. I could be just analyzing that part too much tho because San francisco will probably always be a desired city