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Updated almost 4 years ago on . Most recent reply

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Brock Jenkins
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House Hacking Strategy in SoCal

Brock Jenkins
Posted

Hello BP Community!

I have grown more and more interested in pursuing a rental property, but do not own a home myself. I’m looking into a house hacking strategy, but there are not many duplexes, triplexes etc. in decent neighborhoods in Southern California where I live.

I was wondering what other house hacking strategies there might be other than a owner occupied multi-family home?

Thank you for any feedback!

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Peter Mckernan
#2 Real Estate Agent Contributor
  • Residential Real Estate Agent
  • Irvine, CA
1,107
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Peter Mckernan
#2 Real Estate Agent Contributor
  • Residential Real Estate Agent
  • Irvine, CA
Replied

@Brock Jenkins I am curious where you are looking for a property and what your budget is for the property. Of course you could go the route of SFR and rent the rooms out, or my personal favorite in California right now is ADU House Hack.

The last strategy is something that take more capital, but gives a great amount of return on the income that comes in after the ADU is built. You as a primary homeowner can also do a Junior ADU too (this is only for a primary strategy head up), the SFR and ADU can be done on any investments even multifamily homes.

  • Peter Mckernan
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The McKernan Group
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