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House Hacking

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3
Posts
16
Votes
Cameron Woodward#1 House Hacking Contributor
  • Huntsville AL
16
Votes |
3
Posts

We bought are first property !!!

Cameron Woodward#1 House Hacking Contributor
  • Huntsville AL
Posted May 5 2024, 15:43

Finally took that first step. Now I just need to find some tenants to house hack with.

User Stats

236
Posts
200
Votes
Daniel McDonald
  • Real Estate Agent
  • Beverly, MA
200
Votes |
236
Posts
Daniel McDonald
  • Real Estate Agent
  • Beverly, MA
Replied May 5 2024, 15:47

Congrats man! 

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7,803
Posts
6,150
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Andrew Postell
Lender
Pro Member
#1 Creative Real Estate Financing Contributor
  • Lender
  • Fort Worth, TX
6,150
Votes |
7,803
Posts
Andrew Postell
Lender
Pro Member
#1 Creative Real Estate Financing Contributor
  • Lender
  • Fort Worth, TX
Replied May 5 2024, 16:00

@Cameron Woodward congrats!  I started my career house hacking as well.  Got me to where I am today.  Love that strategy!

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User Stats

12
Posts
10
Votes
Suzanne Reinbold
Pro Member
  • Realtor
  • Grand Rapids Area
10
Votes |
12
Posts
Suzanne Reinbold
Pro Member
  • Realtor
  • Grand Rapids Area
Replied May 6 2024, 19:05

Congratulations on your first purchase. Huntsville looks like a good area for investing. 

User Stats

81
Posts
76
Votes
Anthony Swain
Pro Member
#1 House Hacking Contributor
  • Investor
  • Charlotte, NC
76
Votes |
81
Posts
Anthony Swain
Pro Member
#1 House Hacking Contributor
  • Investor
  • Charlotte, NC
Replied May 7 2024, 05:21

@Cameron Woodward LETS GO!!

Looks like the property is in pretty solid shape! I'm sure if it is in a decent area and the inside looks okay, then it should be easy for you to rent out. 

Is your plan to rent by the room?

Maybe ask the guy in the photo if he needs a room. Haha

Happy House Hacking!

-Ant

User Stats

63
Posts
35
Votes
Matthew Gentile
  • Real Estate Agent
  • Worcester, MA
35
Votes |
63
Posts
Matthew Gentile
  • Real Estate Agent
  • Worcester, MA
Replied May 7 2024, 05:22

Well done Cam!

First step is always the hardest, but now the momentum starts to build!

User Stats

398
Posts
302
Votes
Caleb Bryant
  • Rental Property Investor
  • Huntsville, AL
302
Votes |
398
Posts
Caleb Bryant
  • Rental Property Investor
  • Huntsville, AL
Replied May 7 2024, 06:44

Heck yeah! I've house hacked 2 houses so far and it's definitely a cool way to get started! Also, Huntsville is a great spot to own real estate, congrats! 

User Stats

27
Posts
7
Votes
Derrick G McIntire
  • Real Estate Agent
7
Votes |
27
Posts
Derrick G McIntire
  • Real Estate Agent
Replied May 7 2024, 07:09

Congrats! If you need any property management advice, I'm here to help! 

User Stats

72
Posts
33
Votes
Jerell Edmonds
  • Investor
  • Warwick, RI
33
Votes |
72
Posts
Jerell Edmonds
  • Investor
  • Warwick, RI
Replied May 7 2024, 16:40

Hell Yeah congrats brother !

User Stats

3,178
Posts
1,579
Votes
Michael Smythe
Property Manager
#3 Managing Your Property Contributor
  • Property Manager
  • Metro Detroit
1,579
Votes |
3,178
Posts
Michael Smythe
Property Manager
#3 Managing Your Property Contributor
  • Property Manager
  • Metro Detroit
Replied May 7 2024, 17:29

Do you have applications, screening criteria, leases, etc?

User Stats

842
Posts
810
Votes
Dave Spooner
Pro Member
  • Rental Property Investor
  • Cincinnati, OH
810
Votes |
842
Posts
Dave Spooner
Pro Member
  • Rental Property Investor
  • Cincinnati, OH
Replied May 9 2024, 12:54

Congrats! I like the strategy. Are you looking to do LTR or MTR?

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2,212
Posts
1,524
Votes
Alecia Loveless
Pro Member
1,524
Votes |
2,212
Posts
Alecia Loveless
Pro Member
Replied May 16 2024, 03:24

@Cameron Woodward I’ve been house hacking for almost 30 years. I have now progressed to where I hack a duplex and just rent out the other side.

Keep growing and momentum will start to build. You’ll get more and more deals!

User Stats

216
Posts
170
Votes
Kevin Paulk
Pro Member
  • Rental Property Investor
  • Brooklyn, NY
170
Votes |
216
Posts
Kevin Paulk
Pro Member
  • Rental Property Investor
  • Brooklyn, NY
Replied May 16 2024, 05:42

@Cameron Woodward Congrats! ....You completed the hardest part which is taking action. 

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