🏡 Co-Living + House Hacking = Maximum Cash Flow & Financial FreedomHey BP Community,If you’ve been house hacking or thinking about it, pairing it with a co-living strategy can seriously amplify your returns.

I have a great job that I love and currently do not need to spend the cash flow from the properties. 

You could also consider doing some value-add projects (if you have time/know how) to build even more equity if your specific neighborhood supports higher values for the improvements.You said that you like the idea of owning multiple investments and having the option to sell some down the road.Is it an option for you to stay where you're at and simply build a portfolio of other rentals in the area?

Here's the deal:Purchase Price (PP): $95kRenovation Budget (via HML): $60kTotal All-In Cost: $155kARV (After Repair Value): Around $200kRefinance (via DSCR Loan): 7% interest, 30-year fixedRefinance Details:After the refi, I will pay back the Hard Money Loan (HML) at 11.95% with 3 points:HML: $60,000Interest/fees: $3,585Other costs: $1,800Total to pay back HML: $65,385After the refi, I will have $84,615 left in cash.Cash Flow & Expenses:Expected Rent Income: $1,700/monthProperty Management (PM): $126/monthInsurance: $100/monthTaxes: $126/monthMortgage: $1,043.75/monthTotal Expenses: $1,395.75/monthSo my monthly cash flow is about:$1,700 - $1,395.75 = $304.25/month in cash flow.Return on Investment:Cash Invested After Refi: About $18,385 (after paying off HML and closing costs).Annual Cash Flow: $304.25 * 12 = $3,651Cash-on-Cash Return (CoC): $3,651 / $18,385 = 19.8%I didn’t account for maintenance costs since it’s a full gut rehab, and everything is brand new.

A relationship is one that is supporting through the ups and downs.

This platform is a wealth of support and knowledge. 

I do measure my cash on cash return for my business and for each property. 

Purchase price: $250,000 Cash invested: $52,000 2013 Built in a Class B neighborhood of Houston.

We had two fraudulent bookings back to back and got no support.

Give them a notice and offer cash for keys before eviction.