All Forum Posts by: J J Moody

This is a good perspective,@Jon Schwartz. I knew there was more to consider with the house hacking strategy but I was not sure (because I haven't been through it) what else to think about long-term. Thanks!

I am considering getting into real estate investing through House Hacking. 

I currently own a property that I would turn into a long-term rental after I move into a new primary residence. Then I would be renting a room or two in my new primary as a short- or mid- term option and eventually grow from there.

My question is related to analyzing the new primary. 

Should I be concerned with potential cash flow of the new property? Since I will be living there for a while I am thinking cash flow would not matter at first, instead appreciation would be a more important factor. How should I assess the potential ROI or cash flow of that property once I am ready to move it to a full-time rental? Would you use whatever is left on the loan amount to analyze the return or would you use the original purchase price?

Looking forward to feedback from the community!