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All Forum Posts by: Brandon Rush

Brandon Rush has started 72 posts and replied 736 times.

Post: House hack options in Connecticut???

Brandon Rush
Posted
  • Real Estate Agent
  • Portland, CT
  • Posts 748
  • Votes 832
@Cameron Norfleet:


Thanks for the advice.

Post: House hack options in Connecticut???

Brandon Rush
Posted
  • Real Estate Agent
  • Portland, CT
  • Posts 748
  • Votes 832

Currently working in New Milford, CT. Wife is currently in Norwalk, CT

Post: House hack options in Connecticut???

Brandon Rush
Posted
  • Real Estate Agent
  • Portland, CT
  • Posts 748
  • Votes 832

Thanks for the advice, will definitely keep that option open.

Post: House hack options in Connecticut???

Brandon Rush
Posted
  • Real Estate Agent
  • Portland, CT
  • Posts 748
  • Votes 832

Hello my friends, 

Looking for some advice for house hacking options. Yes I know there are similar post on BP, but I just feel like typing tonight.

 I currently live in Danbury, CT. My current house is prepped and ready to hit the market sale but I am looking for a spot to house hack first. The Danbury market is very hot and picking up a property here would off set my expenses but not significantly. On top of that, the numbers don't work for when I leave that for the next house hack. Basically Danbury is too damn expensive. Specifically, I am looking to find a 3-4 unit property. 

After long talks with the wife over the last few weeks, here are a few options we thought of:

1) Rent out out a room in our current home and stay put for a little longer. Unfortunately we have a single lane driveway and my neighborhood is not fond of people parking their cars on the street for long periods of time. We are thinking of digging out an additional parking spot for the roommate. 

2) Move to the nearest affordable town that offers 3-4 units. Most likely this would be Waterbury, somewhere along the valley or Bridgeport. This would take us further away from both of our jobs as we would both have a 1+ hour commute with traffic. But, if this is what we have to do, then we do it.

3) Move further out such as Bristol/New Britain, pickup a 3-4 unit and deal with the super long commute for a least a year, then see if we can get closer on the next house hack. If cash flow is really good, we could rent a room somewhere in Fairfield County which we could use during the weekdays to avoid the long commute. Ha, we even considered buying a small RV which we could drive into Fairfield County during the weekdays, sleep in it and return during the weekends or whenever needed.

No matter what we do, the goal is to house hack 3-4 units over the next several years and we are ready to get started. 

Anyone else have any creative house hack ideas or personal experiences they want to share???


Thanks in advance for your help!

Post: New Member Intro From Danbury Connecticut - Brandon Rush

Brandon Rush
Posted
  • Real Estate Agent
  • Portland, CT
  • Posts 748
  • Votes 832

@Ryan Kundrat

Never answered your question regarding manual cars! I love Honda’s as I have owned two Civic SI’s. Shifting is like butter. Owned a wrx and shifting was horrible. Would love the opportunity to drive a modern manual Porsche, I hear good things. Just give me a twisty road and a manual, it’s the best feeling.

Post: New Member Intro From Danbury Connecticut - Brandon Rush

Brandon Rush
Posted
  • Real Estate Agent
  • Portland, CT
  • Posts 748
  • Votes 832
Originally posted by @Ryan Kundrat:

Hey, welcome Brandon! I’m right in Bethel and own property in Waterbury. If you ever want to sit down for a coffee, or a zoom coffee in today’s climate… Hit me up! Also, got to ask about your manual car interest… What are you into?

Hey Ryan, thanks for reaching out. I am definitely down for a zoom coffee chat. I will message you to see your availability.

Post: House Hack / Rent by The Room A Large Single Single Family

Brandon Rush
Posted
  • Real Estate Agent
  • Portland, CT
  • Posts 748
  • Votes 832
Originally posted by @Bill Goodland:

@Brandon Rush I think renting by the room is an awesome strategy and works best in expensive markets. Have you read @Craig Curelop s book on househacking? If you haven’t you should check it out

I sure did, good book. Thanks for checking out my post.

Post: House Hack / Rent by The Room A Large Single Single Family

Brandon Rush
Posted
  • Real Estate Agent
  • Portland, CT
  • Posts 748
  • Votes 832
Originally posted by @Jaysen Medhurst:

@Brandon Rush, if you're looking at properties in the $400k range, there should be some MFRs that fit the bill. This one, or this one, for example. This property has BRRRR written all over it.

I love the osborne property and actually have been trying to get in for the last month. Seems like the owner only wants cash buyers. Stark Tor is a tear down. The building property is barely standing and uninhabitable. I viewed it with my realtor. I am thinking maybe a 203k rehab as an option. I looked at Town Hill a long time ago and do not recall what the issue was. It may be worth a revisit.

I know these all sound like excuses, which they are! My experience is limited with all of this and I am trying to rewire my brain to see around what my current brain sees as obstacles.

Thanks for replying to my post. 

Post: House Hack / Rent by The Room A Large Single Single Family

Brandon Rush
Posted
  • Real Estate Agent
  • Portland, CT
  • Posts 748
  • Votes 832
Originally posted by @Theresa Harris:

I would  only do 1 parking spot per bedroom.  You don't want to be renting to couples in a shared house situation or it will lead to problems.  Also check with your insurance company as many start having problems once you have more than 3 unrelated people living in one house.

Thanks Theresa, great point about the insurance. I would have never thought of that until it was too late!

Post: House Hack / Rent by The Room A Large Single Single Family

Brandon Rush
Posted
  • Real Estate Agent
  • Portland, CT
  • Posts 748
  • Votes 832
Originally posted by @Kyle Spearin:

@Brandon Rush I love the Fairfield county area, I've spent a lot of time in Greenwich. This is a very creative strategy to get into an expensive market. I like what @Filipe Pereira mentioned in his post and would add that you can get around having each tenant pay separately for utilities if you just increased the overall rent and paid it yourself. Good luck!

Thanks for the tip Kyle.