All Forum Posts by: Ross Z.

@Ross Z. depending on your goals a house hack can be a great way to lower your housing expense. IE renting a house vs buying a duplex and renting one side.

If you want to completely eliminate your housing expense it might require renting rooms or Airbnb'ing out a room or a unit. My wife and I are enjoying the Airbnb income one bedroom has provided (covering about 2/3 of my mortgage here in Bryan TX)

Youre asking the right questions which is a huge win. Good Luck and Semper Fi

Thanks Gregory!

0 Votes

Austin, Texas

Originally posted by @Bruce Lynn:

@Ross Z.

Househacking the old fashioned way with 4plex and living for free is probably pretty tough if not maybe unrealistic in Austin.

If you can live in some of the smaller cities around Austin, you might have a better chance. Maybe someplace like San Marcos, but even many of those cities, the tenants may help you build wealth, but may not help you live for free.

As @Dan Guenther mentioned, probably the best option in today's market is to find a 4bed 3bath home and rent bedrooms. You still may not be able to live for free, but might be more manageable and give you a good start.

Welcome to Texas and enjoy the ride.

Thank you for your insight! I will broaden my scope to see if I can find anything that fits my criteria. Yea, it seems I will have to go the single family route if I want to stay in or near Austin.

0 Votes

Austin, Texas

Hey Bigger Pockets community. I'm a Marine Corps veteran from Washington state moving to Austin, Texas in a couple weeks. I'll be renting initially but looking to purchase a multi-family home within a few months. I'd love to live in one unit and have my mortgage paid by the other(s). Running the Bigger Pockets calculators, it seems like all the properties in the Austin/San Antonio area don't make sense to do this with. They've gotten too expensive. Or am I missing something?

Any other markets you recommend I look at? Texas is my preference but also open to other warm states. Many thanks!

3 Votes

Austin, Texas

All Forum Posts by: Ross Z.

Ross Z. has started 1 posts and replied 3 times.

Post: Looking to get into multi-family rentals

Post: Looking to get into multi-family rentals

Post: Looking to get into multi-family rentals