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Updated almost 2 years ago on . Most recent reply

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Jarret Durst
  • New to Real Estate
  • West Virginia
29
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55
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Which unit should I reside?

Jarret Durst
  • New to Real Estate
  • West Virginia
Posted

So, I think I finally found my first property & househack. I’ll be going back to school for a couple years to move up in my current work place. This property is just down the road from the college and only 30 minutes from my place of employment. So, I thought this would be a great househack opportunity.

The property is a 3 Br 2 Ba with an ADU above the garage. The strategy is to obviously live in one unit and then rent out the the empty bedroom(s) of the unit I am staying in plus the 2nd unit.

My question is, would it be better to stay in the larger unit so I’ll have income from 2 bedrooms plus the other unit or live in the smaller unit while renting out 1 bedroom and the large unit? 

Kind of seems common sense to do the former, but I wanted to get y’all’s opinions in case I’m missing something.

Most Popular Reply

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Theresa Harris
#3 General Landlording & Rental Properties Contributor
11,206
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14,527
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Theresa Harris
#3 General Landlording & Rental Properties Contributor
Replied

Figure out how much rent you can get from each of the rooms/units and live in the unit that will leave you with the most income.

  • Theresa Harris
  • Loading replies...