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Updated about 1 year ago,
Cash flow house hack
Hey I heard from someone before that they said that your first house hack usually won't cash flow. I was thinking that in order to cash flow for my first deal since it will be highly unlikely is to get at least a three bedroom house and rent out all the bedrooms which means I will be sleeping on a pull out couch that turns into a bed. I was also thinking of hoping to get a house that comes with a garage so I can post on facebook marketplace and see if anyone wants to rent out my garage for let's say $250 a month. So with all this said lets say I rent out each bedroom for $700 a month and the garage for 250 a month that is $2,350 coming in each month. I feel like once you factor in all those income streams I should most definitely be able to cash flow a little bit. What do you guys think?