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Updated 6 months ago on . Most recent reply
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Reflecting On My First House Hack
2 Years ago today, instead of renting a studio apartment, I bought this 3/2 single famliy house in Apopka, Florida, rented out the 3 rooms and converted the office into my bedroom. It was not comfortable in the LEAST but I was cash flowing and was essentially being paid to live in an appreciating asset. That made all the stress and anxiety worth it... the difficult tenants/roommates, constant noise, roommate drama, and lack of peace and privacy.
This approach reflects the balance between comfort and profitability that Craig Curelop discusses in his book, The House Hacking Strategy. We all fall somewhere on this spectrum. Now it's time to do it again!
If you're someone looking to do your first househack, I hope this inspires you to make it happen. If you're a veteran househacker or investor, I'd love any advice or guidance on how you think I should approach my next househack!
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Most Popular Reply
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Love it! My first house-hack from 2014 looked very similar to this one in Denver, CO. It was not comfortable either. But, it was well worth it and got the snowball going! Can't wait to see what happens for you next!