Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Austin 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 about 3 years ago on . Most recent reply

User Stats

82
Posts
75
Votes
Devin Dang
  • Realtor
  • Austin, TX
75
Votes |
82
Posts

Single Family House Hack in Austin!

Devin Dang
  • Realtor
  • Austin, TX
Posted

Hey BP fam, wanted to share my first SFH House Hack in Northeast Austin. Making it a goal this year to meet as many awesome local current/aspiring house hackers, investors, and agents in the area so lets connect! 

Purchase price: $267,500, closed 2/22/21
Cash invested: $50,000 (30k down payment, 20k cosmetic rehab)
Current estimated market value:
400k-420k

A 3 bed/2 bath + office that I'm living in the front office and renting out to other three to completely cover PITI + extra $478/cashflow monthly. When I move out to my 2nd house hack, this will easily cash flow $1000+/month. Was a crazy time but bought right off the MLS during a record low inventory levels, sitting close 0.2 months of inventory by the time I closed. Unfortunately had to come in extra 20k down payment due to unprecedented appreciation causing low appraisal. But the appreciation alone since has made it worth it!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Agent team: The Jordan Moorhead Team in Austin Texas
Lender: @Tyler Hodgson with NXT Mortgage

Most Popular Reply

User Stats

1,263
Posts
935
Votes
Conner Olsen
  • Real Estate Agent
  • Austin, TX
935
Votes |
1,263
Posts
Conner Olsen
  • Real Estate Agent
  • Austin, TX
Replied

@Devin Dang Crushing it!

  • Conner Olsen
  • [email protected]
  • 702-521-0034
  • Loading replies...