How to Analyze House Hack Deals | House Hack Calculator Tutorial

UPDATE!

For the brand new VERSION 2.0 of my House Hack Calculator, click here: https://youtu.be/Bqxxeim5b2w

Please follow the above link to check out the new and improved version of my House Hack Calculator.

Thanks so much!

Jon

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House hacking is a great strategy for a new investor or savvy homebuyer. You buy more house than you need and rent out the extra bedrooms OR buy a multifamily property, like a duplex or a fourplex, and rent out the other units.

But how do you properly analyze a house hack deal? How do you account for the fact that you're not collecting rent from yourself? How do you assess the property as your primary residence AND as an investment property?

In this video, we answer those questions with the help of Investment Property Nerd's House Hack Calculator, an easy-to-use spreadsheet that I've been building for the past year. Whether you're buying a single-family home or a multifamily property, this smart spreadsheet will allow you to:

- assess your net cost of living in the house hack
- model future income, expenses, cashflow, and equity gains
- determine when you should move out
- and even indicate when you'll be able to drop mortgage insurance

To get your FREE and UNLIMITED access to the Investment Property Nerd's House Hack Calculator, click here:

https://www.investmentpropertynerd.com/househack

For a full tutorial, jump to the 6:00 mark of this video.

The Investment Property Nerd's House Hack Calculator was built by Jon Schwartz, an investor and Realtor in Los Angeles, CA. If you're interested in finding your perfect house hack with Jon, just request your House Hack Calculator access or visit the Investment Property Nerd website:
https://www.investmentpropertynerd.com/

Also, check out Investment Property Nerd's Instagram feed:
https://www.instagram.com/investmentpropertynerd/

My favorite investing book:
https://amzn.to/3aMRT5X

The MUST-HAVE book for LA house hackers:
https://amzn.to/3ptZavB

Jon Schwartz
CA DRE 02123925
Fathom Realty Group, Inc.

#househack