Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 5 months ago on . Most recent reply

User Stats

1
Posts
0
Votes
David Herfel
0
Votes |
1
Posts

Advice for First House Hack

David Herfel
Posted

I am getting ready to get involved in real-estate for the first time. Planning to buy a duplex - quadplex in Louisville KY. Looking for advice of any kind here, but specifically I'm struggling to decide what I should be looking for in a first time house hack. Should I get a turnkey house or something to fix up? What is a good price range for a first house in Louisville knowing I have enough saved to make a large down payment if need be? 

Any & all advice welcome!

Most Popular Reply

User Stats

28,097
Posts
41,107
Votes
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,107
Votes |
28,097
Posts
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied
Quote from @David Herfel:

It depends. Do you have money to pour into repairs or upgrades? Do you have time? Do you have the skills to do the work yourself, or would you have to hire someone? Can you handle renovations while simultaneously living in the home with roommates?

The fact that you asked this question indicates you would likely be better off with a turnkey investment.

  • Nathan Gesner
business profile image
The DIY Landlord Book
4.7 stars
166 Reviews

Loading replies...