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Updated over 5 years ago on . Most recent reply

User Stats

31
Posts
16
Votes
Lamont Glover II
  • Indianapolis, IN
16
Votes |
31
Posts

House Hacking Now ...next step questions??

Lamont Glover II
  • Indianapolis, IN
Posted

First of all I always like to start with saying that the BP community has been such a great resource for me and I have spent countless nights losing track of time reading posts. Lol

I wanted to pose a question to investors or those who know about investing in the Indianapolis area. But before that, let me give a little background/context so you know where I’m coming from.

Let me begin by giving you my (general) end goals: I am not interested nor desire to become a full time real estate investor. I just don’t see myself doing very well at that in a full time capacity. My goal is to work full time somewhere... and have around 5-6 rental units on the side so that my wife has the ability to stay home and there is less of a financial burden on us once we have kids. The problem is... I don’t excavated know what I’m doing!

A few months ago My wife and I bought a duplex, and we house hack it. Her and I only pay about $400 before utilities to live here. This is something I’ve wanted to do for a long time and discovered this method from a BP resource. It feels great to have achieved this! However I am already unsatisfied because I want to keep progressing.

A lot of the investor lingo and things confuse me as I try my best to educate myself. But at this point I feel that ‘the tires may be spinning in the mud’. So my question is, does anyone know of any people, classes, mentors, or recourses... specifically in the Indianapolis area that I could learn from?

I understand the WHAT... just need help understanding the HOW when it comes to this stuff.

Thanks!

(Sorry if I’ve given too much info! Just wanted to be clear.)

Most Popular Reply

User Stats

1,198
Posts
590
Votes
Nick Giulioni
  • Rental Property Investor
  • Carmel, IN
590
Votes |
1,198
Posts
Nick Giulioni
  • Rental Property Investor
  • Carmel, IN
Replied

@Sheila Greene has it 100% right!

  • Nick Giulioni
  • Loading replies...