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Updated about 1 year ago,

User Stats

8
Posts
6
Votes
Jacob Shumate
  • Denver, CO
6
Votes |
8
Posts

House Hacking with Section 8 Tenants

Jacob Shumate
  • Denver, CO
Posted

Hey, I've been house hacking my first property where I lived down in the basement with it's own kitchenette, bathroom and laundry for the last 1.5 years. I'd had 5 tenants share the rest of the house which has been a pretty good experience. I didn't want to spend a ton sound proofing the basement ceiling so instead I went with a cheaper route where I put down felt padding with a rug on top that covered the entire living space that was over my area. I'm 100% remote so it's necessary to have. 

I'm looking for my #2 house hack in a similar fashion but instead of managing 5 more tenants, I'm looking into doing section 8 where I can reduce work load with managing only one lease for a family. I plan on doing the same for common areas, felt pad with rug area that covers the entire area and will establish rules of no shoes in the house. I understand that with section 8 especially a 5bd, you're going to have a lot of kids. The house I'm looking at fortunately has all 4 bedrooms on the 2nd floor and I'll be converting one of the two living rooms on the 1st floor into an additional bedroom.

I understand people here have had differing experiences with section 8. Has anyone had experiences of living in SFH and/or stacked duplex where you had a 4/5bd family live on top of you, what was that like? Can I assume that the kids will be in school during the day and that I only have to deal with noise say 4-8/9pm? Will it be that loud? I have some hesitation because this may be drastically different compared to what I've been accustomed to with rent-by-room tenants.

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