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Updated over 2 years ago on . Most recent reply

User Stats

97
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218
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Ryan Williams
  • Real Estate Broker
  • Denver, CO
218
Votes |
97
Posts

What criteria makes a great house hack deal?

Ryan Williams
  • Real Estate Broker
  • Denver, CO
Posted

Hello all! I have a weekly house hack email for the Denver Metro Area that I send to clients and for people keeping an eye on the market. I include properties that would be great for house hacking such as homes with more bedrooms, separate entry to a basement/mother in law suite, small multifamily. I also include highest and best use income estimate for the property while someone would be living there. 

When you are looking for potential house hack deals, what is the info you are looking for? What criteria do you think is most important for a house hack property to be judged as a "good deal"? What do you think would be helpful for me to add? 

Also, if you would like to be added to this list please DM me! 

  • Ryan Williams

Most Popular Reply

User Stats

433
Posts
264
Votes
Devin James
  • Developer
  • Orlando, FL
264
Votes |
433
Posts
Devin James
  • Developer
  • Orlando, FL
Replied

Hey Ryan Williams

In my market (Orlando), if I can significantly reduce my monthly payment to less than it would have been if I rented a similar home & theres a value add opportunity - then thats what I would consider a good deal. 

Finding a house hack that will cover the entire mortgage is almost non-existent here.

  • Devin James
  • [email protected]
  • Loading replies...