House hacking is the most financially advantageous way to own a home.
But house hacking also has its downsides, from sharing your property with somebody to -- ack! -- getting calls to fix toilets.
So that's what we're talking about in today's video: six reasons not to house hack.
If house hacking interests you, but you're uncomfortable with some of the trade-offs it entails, this video is for you! Let's talk about the downsides of house hacking to determine if you apprehensions are warranted.
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0:00 - Introduction
1:31 - What is house hacking?
2:06 - #1 Buying a multifamily property is really complicated
3:44 - #2 House hacking means no privacy
5:31 - #3 Being a landlord is a giant pain in the ass
6:52 - #4 Dealing with tenants sucks
9:25 - #5 You have to live next-door to your tenants
11:05 - #6 The possibility of evicting a tenant
Jon Schwartz (CA DRE 02123925) operates House Hack Los Angeles, a real estate team brokered by Fathom Realty Group, Inc. (CA DRE 01901202).
#jonschwartz #househacking #househacker
