House Hacking in Chicago, IL

[Daniel Kaplan]

Hey everyone!

Upon graduating college ( I am currently a sophomore), my goal is to immediately house hack. However, I am most likely going to be working in Chicago at a real estate company. How can I house hack in a market like Chicago? I don't want to live in a dangerous area and the property taxes in Chicago are insane!!!! Any ideas on what I should do here?

[Mark Ainley]

@Daniel Kaplan

@Daniel Kaplan nice job on being so far ahead in mindset. You are destined for success if you keep making decisions or you at least give your chance time to fail fast. 

There are plenty of safe areas you can househack for less then you would rent but gone is the days of getting your payment covered.  Ideally a good scenario is house hack a 2-4 flat and for the unit you are in have a roommate or two that covers $500-$1000 of your units expenses.  

I will DM you our house hacking calculator.