All Forum Posts by: Juan Pereira

I will be moving early next year to central Texas and am looking to buy a single family home, and it crossed my mind of househacking by renting out the rooms.

This will be my first property ever, and I’ve also never househacked or dealt with tenants, just roommates.

A few questions I can think off the top of my head are:

1. Would the lease process be the same as if it were a multi-family home?

2. Are house rules put into the lease? (Example: sharing the kitchen, having too many visitors)

3. Would tenants control the thermostat or do I set a base temperature?

4. What would be the ideal lease term?

I thought I’d ask on the forum where there’s a wealth of knowledge and experience from others who have done the same.

I’m open to any guidance or criticism. Thank you in advance.

Thank you for the reply, I like your view on the involvement of the property manager in both situations. It’s one of those things that crossed my mind but want to gain knowledge on. 

Since I began following BP, I’ve become very interested in house hacking and is my primary goal to get into real estate investment. 
This may be a common sense question but when house hacking, is it recommended to act as the landlord myself or to go through a property manager?

Follow on questions, is it possible (or smart at all) to house hack 2 properties in 2 different locations (city, state, etc) and live in both. In other words, like if I travel due to work or life, I have a place to live in both.

I’m open to suggestions (and criticism). I’m learning the ropes so any advice is welcome.