suggestions on what to look out for at my first property???

[Justin Mabry]

Alright, finally took the leap and got pre-approved! After being obsessed for months and honestly being stuck in analysis paralysis for a while I've decided to get off my behind and get in the game! Got funding and a pre-approval letter yesterday and am now officially shopping for my first house-hack. Found an amazing investor-friendly realtor who is helping me every step of the way. Any suggestions on the best questions to ask and things to look out for when looking at properties?? May sound like a dumb question, but the last thing i want to do is over estimate and get into something based purely off of excitement. Any help helps!

[Michael Dumler]

@Justin Mabry, if your goal is to acquire an SFH house hack, purchase the deal in an "up and coming" area. Pretty straightforward, location is key. The reality is house hack deals can be excellent investments to mitigate risk and cover your expenses, but don't expect the asset to cash flow significantly. I've been having this reality check conversation with my house hack clients quite a bit lately. Aside from that, always verify your numbers and analysis with local investors. Hope this helps!