Mikekistner.com
  • Search
  • Property Value
  • Market Reports
  • Sellers
  • Buyers
  • Investors
  • About
  • Blog
  • Tools
    Login
    707-290-4319

    Sign in to your account

    Need to reset your phone number?

    Don't have an account with us?

    Click here to sign up.

    Excellent Service | Local Expertise | CA Real Estate

    TO
    Advanced Search

    Address Search

    HOUSE HACKING

     

    House hacking is a term that was recently coined and is when a portion of a property is rented to generate revenue. Examples include; single family home owners renting a bedroom either long term or through Airbnb, and 2-4 unit multi-family property owners living in one unit and renting the other/s.

    With the rising cost to purchasing a property it’s no surprise that this is becoming more popular. It’s a great way to generate more revenue and decreases expenses at the same time.

    I’m a little biased having started my investing journey this way, but I believe it’s the best way for first time home buyers to start. Since 2-4 units are categorized as residential properties you can still purchase a property with at little as 3.5% down. In return, you just have to guarantee the lenders you’ll live there for one year.

    If you’re ready to purchase a property but the expenses have you worried, remember this option.

    LIVE IN FLIPHOUSE HACKING

    REAL ESTATE TERMS & DEFINITIONS

    Like or Share
    Loading likes...

    MIKE KISTNER

    Mike Kistner

    c: 707-290-4319
    e: Mkistner@mikekistner.com

  • Home
  • Search
  • Property Value
  • Sellers
  • Buyers
  • Investors
  • About
  • Featured Properties
  • Contact
  • CONTACT

    Mike Kistner
    1433 44th Street, Sacramento, Ca 95819
    DRE#02078539
    707-290-4319

    FOLLOW ME

    ©2019 All Rights Reserved

    COMMUNITIES

  • Bridgetowne
  • Edgewood
  • Historic Downtown
  • Park West
  • Rivergate
  • Rosegate
  • Woodridge
  • IDX Real Estate Websites by
    • Accessibility