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Updated about 4 years ago on . Most recent reply

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Asdrubal Ramos
  • Florida
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11
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Tips on house hacking

Asdrubal Ramos
  • Florida
Posted

Any useful tips for a first time investor looking to house hack his first property ??

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Replied

Run the numbers as if you have a property manager, and don't make them rosy numbers.

Leverage more by putting less down so you can keep growing

Create group chat in messenger for everyone in the house hack (this is if its a SFH)

Put labels everywhere to stay organized.

Have more than one fridge (If SFH house hack)

Put up good dusk to dawn lights and cameras so your house hack has more security.

when you grow and leave a house hack make someone in charge.

always work with your tenants when they lose there job, get laid off, ect...

use cozy to screen tenants.

hope that helps.

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