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189: House Hacking: How to Live for Free and Build Wealth in The Background

Real Estate Rookie

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What Are Variable Expenses on a Single Family Property?

The variable expenses are expenses that may not happen, but these are what you're going to save for. So it's not like every single month they're going to have to pay out of pocket that one thousand 318 dollars. Let me say four point seven, five for the interest rates, then a point here for the points charge, and then 30 years on the term insurance. I'll say one thousand for three. Put like, maybe seven, 50 or so. The purchase price is 334 thousand 995. And this is also a three bedroom.

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