Today Breelon Bryant shares his room rental house hacking story from Jackson, Mississippi.

This case study will shed light on a growing trend – housing hacking. With house hacking, homeowners are able to live for free and dramatically reduce their cost of living. You can tap into this life-changing strategy for free! Grab a copy of our House Hacking Quick Start Guide to get started – it can save you thousands with information you won't find anywhere else.  

House Hacking Case Study

Breelon is a physical therapist assistant in Jackson. He stumbled across the idea of house hacking while scrolling through Craigslist. He saw an affordable duplex listed for sale, and the idea of house hacking became clear to him. When he saw the idea posted on Instagram, he knew that the concept of house hacking wasn't crazy at all.

The House Hack

Once Breelon uncovered the idea of house hacking, he started searching for the right property. He was living with family at the time, so there wasn't a pressure to move immediately. But when he found a duplex on through a real estate agent this summer, he moved quickly to close on the property in August 2020.

Updating the Units

The duplex required quite a bit of renovation. The total cost of the repairs run around $23,000. However, the funding for these repairs came from a 203k loan. With that, he didn't have to have all of that capital upfront.

The Tenants

When Breelon bought the property, he inherited tenants on one side of the duplex. Although the tenants have paid on-time so far, he is looking forward to selecting his own tenants in the future. He plans to use Craigslist, Zillow, and to find tenants. Plus, he is currently using Innago to manage his tenants.

The Numbers of the Deal

It’s time to find out exactly how profitable this house hacking strategy was!


Breelon used a 203k loan to purchase the $229,000 duplex, which included the upfront renovation expenses. He put down $11,500 and the interest rate on the loan was 3.25%. With that, the total mortgage cost is $1,525.

Rental Income

When Breelon purchased the property, the tenants on the other side of the duplex were paying $1,250 per month. For now, he is keeping the rental rate the same.

  • Previous housing costs: $0
  • Gross Rent: $1,250
  • Mortgage payment: $1,525
  • Cashflow before maintenance and vacancies: –$275
  • Total housing savings: $275

The cash flow of the property is cash flow negative. However, Breelon is still able to build equity in a multi-family property and enjoy living in his own private unit.

Want to dramatically reduce your housing costs while building equity in a property? Dive into housing hacking with our House Hacking Quick Start Guide. 

The Learning Curve

So far, Breelon is very happy with his decision to house hack. He is using the savings of this house hack to buy another property in the future. Looking back, he would advise that future house hackers “try to buy a small multi with no tenants and negotiate to receive it empty.” With a clean slate, you can fill the property with tenants that meet your financial expectations.

The Bottom Line

Breelon's story shows that you can get your start house hacking from the most unlikely places. Will you take the plunge and seek out a house hacking deal that could transform your financial future?

Next:  Lauren finds success by renovating an old bed and breakfast style property.

If you are interested in creating your own house hacking story, then check out our ultimate guide, listen to our house hacking podcast, or read more case studies for inspiration. You never know how dramatically your life can change through this one choice!

If you choose to pursue a house hack of your own, then please share your story with us! We would love to showcase your success.