All Forum Posts by: Trent Anderson

Thank you, Laura, for the story, I am glad to hear house hacks work. 

Thanks for the feedback, Ryan! 

@Adam Hoffer,Thank you for reaching out, I appreciate the link for the market rents. $1,455 is definitely a lot more attractive. I will make sure to hit up my realtor ASAP. 

Thank you for relaying Joseph, I appreciate the information you provided. That is exactly what I needed to hear, I didn't know if they needed to cash flow or not. Staying frugal is definitely always an option, we don't mind it at all. 

Hello BriggerPockets,

To start out I will tell you my goal, I am looking to have my first multi-family unit by October of 2020. I am also getting married in July of 2020, so I am changing my goal slightly. Luanne and I are now looking to house hack a multi-family unit. I am reaching out for your help because a deal came across my desk today and It feels right, but I don't want to invest on emotions. The deal currently has a negative cash flow due to Luanne and I planning to live there. Please let me know if this property is a good first start. 

The Deal

1 4 bedrooms 1 full bath (Upstairs)

1 1 Bedroom, (In the basement)

Current asking price $179,900

4 Bedroom rent: $1,230

1 Bedroom Rent: $540 ( Ideally Luanne and I would take the 1 bed after we are married)

Newer windows, siding, furnace and central air.

4BR unit is super spacious with laundry on the main level and new carpet in bedrooms. Full bathroom on main and upper

Annual Tax $3,168

Address:  814 19th St S La Crosse, Wisconsin 54601

The roof is fairly new, half metal and half shingles. The water heaters and furnace are between one and four years old, all fairly new. I apologize for the long time it took to respond, I wanted to walk the property.

View report

*This link comes directly from our calculators, based on information input by the member who posted.