All Forum Posts by: KJ Hoggan

Thanks for the reply!

HHCHH is a house hack when the investor buys a property to live in, and use the other rooms for a home health care business. This is not an intensive care facility, just helping with ADL (activities of daily living). It wouldn't be like Sunshine Terrace or anything. It would be more like a small version of Maple Valley, Pioneer Valley Lodge, etc. The people on the podcast said that each resident paid between $4,500 and $6,500 per month (in California, so it will be less here, but I haven't done enough research to have solid numbers). So the cash flow is obviously better than renting the rooms or units, but it also has risk associated with the business side. More balls to juggle, but the ROI potential is better.

The more I am investigating it, I think I would rather try and do a BRRRR on it. My wife isn't super keen on the idea of living with a bunch of seniors and fixing all of their meals, and I think we could make the BRRRR work. But I need to contact zoning and code enforcement. I've tried, but the holidays are difficult to get through to anyone.

Are you invested in the market in Logan? If so, are you doing BRRRR, flips, or something else? I am just starting to get into all of this. I've been listening to a couple of BP podcasts almost daily for the past couple of months. Now I am kind of through the beginning base knowledge stage and need to move on to actually getting out there and figuring out what is going to work. So any help is welcome, and I am currently job hunting, so I am happy to provide value in some way if there is a need. I am looking at some leasing agent or other property managment-type jobs in the valley.

Thank you!

@Cherie Orellana Thank you for the advice!! I will take a look at that!

Hello everyone! The home health care house hack (HHCHH) discussed on BPP 359 has rocked my world. I am looking for any advice anyone has, but I also have a specific concern.

I live in Logan, Utah, which is a college town through and through. The current occupancy laws state that a dwelling cannot have more than 3 unrelated persons in the dwelling. If I want to get an FHA loan and live in the home for a year while doing the HHCHH, this poses a problem. Does anyone have any suggestions about how to get around this law or does anyone have any experience?

I'd also like this to end up as a discussion of the pros and cons that people see. I am a new investor, I haven't bought any real estate in my life. I am 26 and newly married, and now wishing I would have discovered BP when I graduated from High School. I hope that this can not only be informative for myself, but could end up as a good resource for others who are looking into this strategy going forward. I searched the subject and found a few threads, but nothing very comprehensive to me. Thank you for any advice in advance!