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Updated over 1 year ago,
Possible future house hacking
Hi.
I’m in my 40’s and thank goodness I may finally be in a position to stop renting and by a home. Modest price range, but being in the Midwest, prices aren’t too crazy and hoping to find a small basic home to make my own. I have rented part of a duplex for a decade and just can not wait to have my own backyard. I have no properties, not an investor, but just kept stumbling upon investor articles as I was trying to research homeownership. So as I search for a house, I’m keeping the idea of house hacking in the back of my mind. Possibly renting out a spare second bedroom or something like that, depending on the house I find. Living there for 2 years, then if I’m able to do so financially, buy something else and let this become a rental property. Do you have any tips to looking for a property that’s appealing for me bjt might also make a good rental in the future?
Thanks!
Cari