Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Off Topic
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 3 years ago,

User Stats

67
Posts
28
Votes
Maxwell Wuensch
  • Rental Property Investor
  • Indianapolis, IN
28
Votes |
67
Posts

house hacking question

Maxwell Wuensch
  • Rental Property Investor
  • Indianapolis, IN
Posted

I moved into my first house hacking a little less than 2 months ago. It’s a duplex so I live on one side and have a month to month tenant that I inherited on the other side who is paying $550/month($100 below market). The side I live on is in good shape and could be rented out right now at market rent but the other side is in need of repair(floor/paint/kitchen). The m2m tenant pays on time and doesn’t complain but after doing some minor repairs on her side i’m realizing it needs more work than I thought and there are tendencies of the tenant that I see being harmful to the property long term such as not telling me when things don’t work and not keeping the unit in a somewhat decent condition and since we don’t have a lease in place and I inherited her with no security deposit, there’s not standard I can hold her to. I understand that I shouldn’t expect my tenant to maintain the unit as I would and that there are benefits to her not complaining or caring much about the condition but I’d also like to be able to choose a tenant based on my criteria and be able to move over to her side so I can live in it and turn the unit quickly while simultaneously leasing out the currently rent ready side that i’m living in now to cover my debt service while I get the other side rent ready for when I move out. Would love to hear some suggestions

Loading replies...