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Updated over 1 year ago, 07/27/2023
Where is the best place to house hack in Denver?
A very common question I receive is, “Ben, whats the best places to house hack?” I can not answer that simply because... well it depends! Depends on your goals (short and long term), privacy needed, ability to work remote, liquid cash available, etc. What I may consider a great house hack (married with a family) could be completely different from someone just graduating college!
What I can do is provide concrete data where some recent house hacks are and are NOT being purchased. Then let you come to your own conclusion.
Attached is a map of some of the recent transaction closed. In addition to House Hacks, it breaks out Nomads, and Traditional Landlord Rentals.
Some things I notice.
- Majority are West of I-25
- Not to many centrally focused in the Denver Metro?
- Top Cities
- Arvada
- Wheat Ridge
- Lakewood
- Westminster
- Thornton/ Northglenn
- Aurora
- Not so popular cities
- Parker
- Littleton
- Englewood
Hope you find value in this data! Happy to dive deeper into the data if anyone is interested. Let me know!