All Forum Posts by: Anthony Horner

@Trevor Haney

Smart - I like it. Keeps a bit of a buffer in there.

@Twana Rasoul

Saw on your profile you’re currently house-hacking, so I’m thinking the rent by the room strategy is effectively the same thing without living in the property. What do you think about COVID impacting success of the strategy?

@Trevor Haney

After ball gets rolling, that definitely makes sense. Pre-qual the renter m, then force them to pass a ‘roommate interview’ of sorts. What do you think about COVID impacting people’s interest in shared loving situations?

Inspired by BP episode #392 with Todd Baldwin where he discusses purchasing property in expensive markets with high population density and strong job market. To overcome the high prices, he rents the properties by the room to force strong cash flows.

I'm considering properties with 5+ bedrooms (or potential to make 5+ BRs), solid BR-to-BA ratio, ample parking and no HOA in the Mira Mesa, Bankers Hill, North Park and South Park submarket neighborhoods.

If COVID was not in the picture, what are your thoughts on the above strategy? Does renting by the bedroom change given that COVID is part of the equation?

All tips, tricks and anecdotes are appreciated... thank you!

@Jordan Graham

I’m considering making a move similar to the strategy you reference re: BP episode on rent by room. Thinking about Mira Mesa, Bankers

Hill, North Park areas.

What’s your sense for viability of strategy considering the current COVID landscape? Concerns about finding tenants comfortable renting rooms in same home as strangers?

Thanks!

@Matt Ferch

Hi Matt - Send it this way and I’ll give it a once over. If there’s ever one thing I’ve got down with my W2 job... it’s .pptx

@Joshua Dayri

Sent you a connection request - Hoping you don’t mind sharing contact info for the referenced attorney with experience working for CA wholesalers.