All Forum Posts by: Nate Hubley

@Mark H. Porter Great idea! Definitely something I’m looking into as well, they just seem harder to come by.

@Joe P. Thank you for the feedback! I currently am a college student living at home, so I am considering a wide range of House Hacking options at the moment. 

Hey all,

I am currently analyzing multifamily properties(duplexes) in potential markets that I may wish to invest in for a house hack in the future. When I complete my analysis for a house hack, assuming one unit is rented and Im living in the other, the rent just about covers my monthly expenses, but i most frequently am left with a negative CoCROI. Should this be something that I can let pass assuming when I move out I get a positive CoC that fits my criteria? Or should my CoC be positive even when I am house hacking?

@Matt B. Thanks for the idea! I thought about that briefly but I wouldn't have the capital required to start doing that in college. I can PM you more if you are willing to have a discussion about it and are willing to throw back some of your ideas.

@Forrest Lennhoff Thats what I was wondering about. I am going to do more research on the Boston market and how "hot" it is so to speak, to see if a SF rent by the room would be profitable. I recently wanted a BP podcast episode 392 I believe where someone did this in Seattle and is actually quite successful.

@Forrest L. I've been exploring house hacking for months and how each property works with a mortgage and cost. Up until this point, I never even thought of tenants paying for repairs in a quad. That is definitely interesting. The question that arises though is wouldn't a rent by the room strategy for a SFH cover repairs as well + profit? It certainly depends if its a 2 bed or 6, but I can imagine in a good market that would be a possibility and even a competing idea to the quadplex strategy.

@Forrest Lennhoff Your story is essentially what I picture the path I will take. I am still unsure if I want a SFH or a 2-4 unit. Could I PM you with a few questions?

@Ryan Short Awesome story! I have lots to ask you about your story, could I PM you?

@Dan Milinazzo I most definitely will! As I am still years out until I can buy my first property, true progress will be difficult but anything I can learn is always a start!

@Todd Wheatley Thanks for the info!