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Updated over 6 years ago on . Most recent reply

User Stats

8
Posts
2
Votes
Kirby Logan
  • New to Real Estate
  • Frisco, TX
2
Votes |
8
Posts

Buying a House Hack in a Hot Market

Kirby Logan
  • New to Real Estate
  • Frisco, TX
Posted

Hello BP nation!

My name is Kirby and I've recently moved with my wife to North Dallas. Over the past couple of years I've done a lot of research in preparation for when I moved up here after college (I graduated this past May) and have determined buying a house hack on a duplex or triplex in the next year when our apartment lease expires (October 2019) seems to be the best bet. 

I've done a lot of searching and digging on Zillow and Realtor, but cannot seem to find any duplex/triplex that is either:

1. Under 150-200k (not a huge problem, but I hear on the BP podcast of far cheaper properties being bought somewhat regularly)

2. Will come even close to allowing I and my wife to life for "free" or close to it.

Any ideas on how to find better deals in this high value market? I've already contacted a couple of real estate agents to put me on email lists and am planning to go to a REIG meetup in a couple of weeks, so those might help too. If anyone can offer help, I would be very grateful and if there's any way I could help someone out in the North Dallas area for the sake of networking and learning I wouldn't be opposed to that either.

Thanks!

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