All Forum Posts by: Benjamin O Dew

Hey Benjamin! I personally rent out 5 bedrooms in our personal home. Technically everyone was a stranger before they moved in and we've never had any issues of stealing or squatting or any type of damage to the property. That being said, our market could be completely different than yours so I'm not sure that transfers to you. I would say that as long as you're vetting the roommates with full background checks and with a good interview I would be curious what the worries about having roommates would be. You can always lock your bedroom doors when you leave if you want to keep your bedroom space private. Feel free to reach out if you have any specific househacking questions!

That's great to hear! Thanks for the boost of confidence. Hoping to get the ball rolling on some mid-term roomies.

0 Votes

Columbus, Ohio

Quote from @Samuel Diouf:

If you have to rent by the rooms like Jonathan said.. I would try to keep it in house. Maybe you or your wife have a friend who could benefit from a lower cost of living. Then if you want to rent out 2 rooms maybe you could grant the "in house" tenant a PM role to make sure the house is treated properly when you guys are traveling.

Love the creative thoughts there Samuel. My wife will not be here much in season, we live in Austin TX during the off-season. She is a real estate agent so she will be there a majority of the time. We bought in C-Bus because of the affordable housing market compared to ATX. Just working to find a house hacker who can help offset that mortgage cost.

0 Votes

Columbus, Ohio

Quote from @Jonathan Greene:

I don't like rent by the room to strangers if you are going to be traveling a lot for away games. If you could find others inside of the Clippers to rent rooms, that would be ideal so you have some connectivity there. Since you are in an HOA, you would still want to check the rules on that as well although that would be harder to tell while you are still there.

Jonathan, thanks for taking the time to reply to this post. Very helpful info! Was working to get some of the Clippers staff in the house but it did not work out with the timing of closing. Seems like my best choice now is to find a responsible mid-term tenant that passes background/credit check.

1 Vote

Columbus, Ohio

First-time poster here on the BiggerPockets forum. Seeking advice from fellow investors regarding house hacking in Columbus. Just closed on a 3 bedroom, 3- bathroom SFH in Grove City for investment purposes. I'm employed with the Columbus Clippers and intend to utilize part of our housing stipend towards building equity in a property. Once the baseball season concludes in October, my wife and I plan to transition the house into a full-time rental property.

Initially, I aimed to leverage platforms like Airbnb during away series, but encountered restrictions due to the HOAs regulations, prohibiting rentals for less than 30 days. Despite our reluctance towards communities with HOAs, we found the property we genuinely liked and decided to take a chance.

Now, our focus shifts towards house hacking, with the intention of renting out at least one of the rooms. However, I am uncertain about the best approach. How can I effectively rent out rooms for mid-term durations or even secure a 6 month lease? Additionally, I am unsure about the market rent for a room-by-room basis in Grove city.

Appreciate any insights or guidance from the community on navigating this situation.

3 Votes

Columbus, Ohio

All Forum Posts by: Benjamin O Dew

Benjamin O Dew has started 1 posts and replied 4 times.

Post: Looking for best house hacking strategies

Post: Looking for best house hacking strategies

Post: Looking for best house hacking strategies

Post: Looking for best house hacking strategies