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15 June 2022 | 0 replies
I'm surprised at how egress entrances seem to be often ignored by house hackers.
8 August 2019 | 2 replies
The lease agreement (obtained from a fellow house hacker in town) states the following (which said tenant agrees with all terms):USE OF PREMISES.
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5 June 2020 | 2 replies
In NJ when you are buying multis you have to find value add options where you will be upgrading and raising rents within the first year so even for non-house hackers, it's best to have one unit vacant so you can upgrade right away.
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31 January 2019 | 5 replies
I'm interested in potentially selling my duplex in Bethel, CT and was curious on deal/financing alternatives.The property would be great for a house hacker, as there is a solid anchor tenant in place in one of the units.
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17 September 2020 | 5 replies
(We've also had a lot of house hacker clients in both markets, but it sounds like you're looking for something else.)Unfortunately, both cities have pretty heavy restrictions on short-term rentals right now.
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28 January 2020 | 8 replies
Either investors are buying them for appreciation or to lock up the land or house hackers are doing it to save insane rent.
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5 February 2020 | 8 replies
The mortgage payment for a newbie on an FHA loan would be too high to expect the tenant side to cover, and it's probably going to be a while before any cash flow is realized.Trying to pick some experienced investor brains here: What would a good deal look like for an investor who wanted to provide some passive help to the hacker/ landlord in training?
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28 September 2021 | 9 replies
A lot of house hackers will put up a wall/door, add a kitchenette to the basement and then you have essentially a duplex.
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15 November 2023 | 53 replies
This is not different for a house hacker that is simply renting long term the additional units.
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11 May 2020 | 3 replies
This has pushed up the values to the point where they don’t make sense for house hackers, or rendered the available options in undesirable locations for owner occupants.All this is about to change.