All Forum Posts by: Lance Metsger

 What is the actual location? I've lived in Roseville and CA  help guide you in this area.

Hi @Lance Metsger. Short term rentals are indeed allowed in Roseville as long as the rental is located at your primary residence. This is what I do personally and would love to chat more. Also another great advantage that is relatively easy is to accomplish saving on your monthly expense is to assume FHA or VA loans with a lower interest rate. Of course there is more to it.

Hey @Lance Metsger, I think @Scott Scoville laid it out nicely and I use the same marketing/processes here in Boise, ID. And @Bonnie Low is also spot on. I believe that it is more important to take the first step, get into that first property, and go through the process of learning, rather than hitting a home run via cash flow/complete mortgage coverage (and this is going to be market specific, especially in Roseville CA - my in-laws live there). Consider doing Room by Room LTR or MTR for the house hack, which will require some uncomfortability and comprimises but you totatally got this! Totally down to chat more via DM if you'd like but taking the first step in asking for advice/help is awesome, keep it up!

You don't necessarily have to get your entire mortgage covered with a househack. Some people do, some people just experience a healthy offset to their mortgage expenses. So that's just something to think about. Check with the regulatory body in Roseville to find out what the minimum rental term is. It's probably 30 days or thereabouts and set your midterm rental to comply with that length of stay if you decide to go that route. Most jurisdictions will allow rentals around the 30-day mark because month-to-month rental contracts are still very common. But it's very location specific, so just double check before you go that route.