House Hacking 2/3/4 Units

[Christian Clark]

This is a follow up to Brandon's webinar yesterday...

How does house hacking affect your 2/3/4 unit analysis? My goal is to live in the property and have the other units pay for most of the expenses.

I have been basing my math around wanting to have the same expense as an owner as I do currently now as a renter, but I'm not sure if that's realistic in SoCal. 

I sometimes feel like I should stray from that for a great property (location, location, location), but then sometimes I feel like I do need to stick to my guns because if the property isn't cash flowing with me in it, I'm essentially still paying rent but ALSO taking on the liability for the building. My cost per month therefore increases because I have to be saving for whatever might come my way. 

I guess this is just the name of the game, but would love any thoughts!