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Updated over 5 years ago,
House Hacking Beginner: Henderson, NV
Hello all! First forum interaction here and a beginner for sure. My father offered to buy a house for my fiance and I as we make our way to Nevada (LV area). I began to wonder how I could turn this into a chance at chasing financial freedom through real estate investing. I proposed to him we do a house hack. I've been thoroughly researching techniques and concepts to be familiar with in this process but am reaching the infamous analysis paralysis.. UGH. Anyway, the concept of owning rental properties sounds best to me as I begin my journey and house hacking seems like the most financially doable/ secure way to begin. I have an investor (my father) and with me living on the premises I will be able to closely monitor the property. My question for you all is, where do I start? I'm familiar with loans, I'm familiar with some concepts (cash-on-cash, capital investment, monthly costs, etc.), and I'm familiar with how to search for properties. What should I look for in properties? How should I evaluate/negotiate?
Thanks all!