All Forum Posts by: Trevor J.

Hey Trevor - I did some version of it with my condo in Encinitas by renting out the other room for a few years. I was able to get solid demand for $1000-$1100 for a private room and bathroom. I'm about 2 miles from the beach for reference. Nothing like the returns a multi-family will get you but the price point/availability for those is quite steep unless you want to look inland.

Kind of depends on your situation - your personal finances, your tolerability for multiple roommates, condition of the home, time frame, etc...

I'm also a mech engineer working in SD - PM me and we can chat in more detail

Congrats, Ryan. I love the Encinitas area and really see it being a great place to live in as I spend more time in SD (I'm originally from NJ, moved about ~2yrs ago). I will definitely be reaching out shortly.

-Trev

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Originally posted by @Dan H.:

I started out house hacking long ago (before I ever heard of the term) in Claremont by renting. An extra bedroom. My “tenants” helped me make my mortgage payment.

This type of house hacking is best done when you are young. It provides a advantage that can be leveraged for future success.

With that future success, other options will present themselves.

Dan, that's great to hear and I'm glad you pulled that off around our area. Did you feel you needed an agent to get started? Also, did you target places ready to live-in since you were just getting started or weren't afraid of doing a couple repairs?

Hope your current investments are still going strong.

-Trev

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Hey guys,

Has anyone house hacked in San Diego (preferably in neighborhoods as north as Encinitas to as south as downtown)? I'm looking to hear about your experiences!

I'm just getting started myself, learning the number game and reading up as much as I can about real estate. I'm a mechanical engineer full-time and enjoy my job but realize that real estate is a solid investment vehicle if done properly...

Would love to hear from working professionals who pulled off a house-hack in their spare time - what did you learn? what would you do differently? who helped you the most?

Thanks!

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Awesome breakdown - thanks for sharing! Hope to find myself in your shoes 1 year from now, too (just started listening to BP podcasts)

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All Forum Posts by: Trevor J.

Trevor J. has started 7 posts and replied 34 times.

Post: House Hacking in San Diego

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