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Updated over 7 years ago on . Most recent reply

User Stats

28
Posts
8
Votes
Hardeep Singh
  • Pinole, CA
8
Votes |
28
Posts

Duplex House Hacking

Hardeep Singh
  • Pinole, CA
Posted

Is it a good deal to get a duplex (for the purpose of house hacking) if you paying small amount from your pocket every month to cover all the costs?

Most Popular Reply

User Stats

460
Posts
276
Votes
Steve DellaPelle
  • Rental Property Investor
  • Salem, NH
276
Votes |
460
Posts
Steve DellaPelle
  • Rental Property Investor
  • Salem, NH
Replied

If all your expenses come out to $1,200 (PITI, Cap Ex, Vacancy, Maintenance, etc.) and rental income is $1,000 then you are paying $200 out of pocket every month to live...this means your personal budget will THRIVE and allow you to save much more per month.

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