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Updated over 7 years ago on . Most recent reply

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Jared Taylor
  • Pelham, AL
2
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Do you analyze househacks the same as other properties?

Jared Taylor
  • Pelham, AL
Posted

If you plan on house-hacking, especially in a duplex, you effectively cut your potential rent in half.  And if your total rent is halved, the numbers you run on your analysis are not going to be accurate. With that said, should I base the calculations off the single unit that brings in income, or do the math as if I didn't live in it? Thoughts?

Most Popular Reply

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493
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Yuriy Skripnichenko
  • Property Manager
  • Phialdelphia, PA
613
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493
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Yuriy Skripnichenko
  • Property Manager
  • Phialdelphia, PA
Replied

@Jared Taylor

I'd do calculation base on one unit rented. You need to see the actual cashflow/loss and see if you be able to cover your expenses or if you need to put money out of pocket every month. I haven't done house hack myself. However id I did, I'd look for a deal where I don't have to pay out of pocket. 

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