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Updated about 3 years ago on . Most recent reply

User Stats

7
Posts
4
Votes
Brian Lee
  • San Jose
4
Votes |
7
Posts

Trying to House hack small Multi-Family home in San Jose, CA area

Brian Lee
  • San Jose
Posted

Hi, my name is Brian Lee. I am just getting started with real estate investing so I would love to connect and learn.

So, I am looking for my first investment property. I am trying to house hack with small multi-family home. My goal of house hacking will be living for free, better if it can cash flow positive :). Please let me know if you have any recommending location or areas to avoid or properties that might be a good deal. I am looking more in southern part of the bay area, starting from Mountain View to lower side of the Bay Area (Sunnyvale, Santa Clara, San Jose). I am very open to any potentially good deals. Thank you!

Most Popular Reply

User Stats

2,350
Posts
2,389
Votes
Brian Garlington
  • Realtor
  • Oakland, CA and a Real Estate Investor with Multi-Family Units and a Self Storage Facility
2,389
Votes |
2,350
Posts
Brian Garlington
  • Realtor
  • Oakland, CA and a Real Estate Investor with Multi-Family Units and a Self Storage Facility
Replied

Gross rent in those areas will be pretty good. However,...net positive cashflow....not as much compared to the East Bay. Your forst step should be to get pre-approved with a lender. @Chris Mason can help you out with that.

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