House-hacking (& the people who love it most)

House-hacking (& the people who love it most)

The practice of renting out a portion or the entirety of one's home to generate additional income.

Know who loves the growing trend the most? Millennials and Gen-Zers. It’s true — more than 55% of Millennials and 51% of Gen Z homebuyers expressed positive views on house hacking.

I worked with a client who was ready to get into a home of their own. Once they found the one, they rented a bedroom to a friend. Offsetting their monthly expenses was a major plus for them.

It’s important to note: Homebuyers will need to work with a lender to ensure they can afford the mortgage without the rent, and be comfortable making monthly payments with or without it.

If you want to get in on the action, look for properties close to colleges, hospitals or busy job centers — then send me a message.

Let’s chat about finding you a home that generates some income. Schedule a call at the link in my bio!