Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Medium-Term Rentals
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

10
Posts
6
Votes
Joseph Mulero
6
Votes |
10
Posts

House hacking & Medium term rental

Joseph Mulero
Posted

Hello all,

I am currently house hacking a 4 plex and have been attracted to the medium term rental model. I am a blue collar worker and Dad of 1.  I am saving about 3k a month and will have 45k by end of year.  Slow paced but I'm trying.    I have a 6 month lease and would like to take the jump and test the waters with the medium term rental.  what I was thinking I can do is move my family into the empty unit after the lease is up and attempt to furnish the unit I live in currently ... Rather than spending all the money to furnish the unit for it not to be successful... and have to sell or put all the furniture in storage and create another expense. 

I am very very new to all of this and am seeking advice on what you all would do.  Would you stay in current unit get a credit card and furnish the other unit?  any how, thank you all in advanced for your advise.  

Loading replies...