All Forum Posts by: Rabekah Siatunuu

Thank you everyone who has responded so far!

Seems I was too hung up on the cash flow aspect, but it’s unrealistic to expect cashflow in first year with first property.

At this time, I should change my mindset from cashflow, to getting my money out of the black hole that is Rent. Cash flow will come with time and perseverance :) 

I have new analysis to do to see what works with my budget! As well as see if my current desired niche/strategy has changed with this info.

Thank you all so much!

Hi friends! I’m ready to buy my first property and I’m in love with the idea of house hacking. From what I’ve personally seen and analyzed so far, nothing provides cash flow, even with renting ALL units. Nothing comes near meeting the 2% or 50% rule. Has anyone had recent success house hacking SD? How long did you have to wait to find “the one”? Is it realistic to expect positive cash flow or should I be happy with personally paying some monthly mortgage out of my own pocket? All tips and advice welcome! :) Thanks in advance.