Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
Dallas Real Estate Forum
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 over 3 years ago on . Most recent reply

User Stats

34
Posts
11
Votes
Aaron Heers
  • New to Real Estate
  • Dallas, TX
11
Votes |
34
Posts

Can anyone share a solid house hack story in Dallas?

Aaron Heers
  • New to Real Estate
  • Dallas, TX
Posted

I want to house hack to kick off my investing portfolio, but am unsure of the route to take or if it even works well in the Dallas area.

Thank you,

Most Popular Reply

User Stats

5,013
Posts
4,381
Votes
Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
4,381
Votes |
5,013
Posts
Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
Replied

You buy a 4bedroom 3 bath house...stay in one room and rent the others to your friends, family, work colleagues, or others.   You will probably still need to contribute rent on your bedroom, unless you get lucky.  Plan on it, but if you don't have to it is a bonus.

Bank some cash now before you buy so you can make competitive offers.

While maybe possible, I think it is very very tough to do what you might have heard on the podcasts about buying a 2-3-4plex, living in one unit and renting the others and living for free. Prices and rents probably don't support that idea for the most part in DFW right now. The idea of getting an FHA loan to do this is also probably not likely as there is a lot of cash chasing multi right now.

Loading replies...