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Updated 8 days ago, 12/15/2024
Any success with rent by the room?
I am looking for a 4-5 bed house in the phoenix area with an ADU for my fiance and I to live in. This househack strategy has been suggested to me considering the scarcity of cash flowing residential multifamily properties. Not saying there isnt any but when they do appear, they go fast and cash buyers prevail.
Has anyone else had good experiences with a larger house (5/3, 5/2) that has been rented by the room in the Phoenix area or other hot real estate market areas?