Posts

Using Rental Income From Units to Qualify; Vacant Units; Illegal Units

I blogged recently about “House Hacking” (here and here) or buying multiple-unit properties in order to use the rental income to subsidize one’s mortgage payment. We received numerous questions in response that made for some great blog fodder, discussed below. How much rental income can we use? For all units that will not be occupied […]Read More

House Hacking Part II: Co-Buying; Sufficiency Test; Fourplexes

I received a lot of feedback in response to Friday’s blog about “House Hacking,” or the strategy of buying two to four unit properties in order to use the rental income to subsidize a mortgage payment. One successful Bay Area Agent sent me the following message: “… This is the gospel I’m always preaching to […]Read More

House Hacking: Using Rent from Units to Offset Mortgage Payments

We cohosted a “House Hacking” seminar earlier in the year where we illuminated the many advantages of buying multiple units with rental income, as opposed to buying a single family residence. I was one speaker along with a seasoned agent, a property manager, a tax planner, and a financial planner. The advantages of buying units […]Read More