House hacking

[Josiah Mosley]

I am wanting to potentially house hack a duplex in Kansas City, MO, but I want some feedback from other REI investors on here. New to REI, so I'd like to hear why it would be a good deal or why it would not be a good one? How could I find accurate costs for all of the expenses? I looked on some of the info from realtor.com as well as neighborhoodscout.com.

[Gordon Cuffe]

You can go to that countys tax assessor website to look up real estate taxes. You can call a local insurance broker to get an estimate of property insurance. Property managers will cost 10%. You can look up the local utility company and call them to find out the cost of water and sewer. You can call a local property manager and give them the address to see if they are scared to death to manage houses on that street.