Quote from @Isaiah Lopez-Torres:
Quote from @Malik Elate:
Quote from @Nathan Harden:
Okay, so if you're Househacking, why would you need a Property Manager....? You are the Property Manager.
Your analysis has 2 units that total out to $1800. But if you're Househacking then you need to take away the income for one of those units because you'll be living in that unit.
I don't see water, sewage or garbage either.
I read in the biggerpockets book to include property management in the event that I move out, I will add water and garbage as well
Even if you move out you can still self manage the property. If you have good tenants in place and have systems developed you can pocket that money monthly until you scale significantly. Then look into property management as needed. Just my advice.
Ok yeah that sounds good, also to answer your other question, the first units rent is for a roommate, I can rent out of the rooms in my unit