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Updated about 5 years ago,
3 questions. Trulia listings. Finding contractors. 2 parcel
Hello,
I’m hoping this year is the year I purchase my first rental property. I am particularly interested in house hacking. I am currently still searching for deals and making out numbers. I haven’t been in actual contact with an agent as I have just been searching through Zillow and trulia. And I was wondering if you guys could answer some questions.
There is a home that I came across on the trulia app that is listed as a 2 parcel. The garage has been turned into a 1bed 1bad while the main home is 3bd 2ba. My question is does a 2 parcel qualify as a multi family home since I am planning on pursuing the house hacking strategy with conventional lending?
How accurate are trulia sell listings. I was told by someone that truly and zillow listing are not accurate and usually more expensive once you contact an agent, any confirmation to that?
Final question. How do most people hire or find reliable contractors? I live in the Dallas Fort Worth area and I am apart of a real estate page on Fb and I see nothing but complaints from property owners about the contractors they hire. Complaints from un finished work, stealing money, showing late to the job, etc. most are from ppl that post their work on FB marketplace. Thats really is one of my concerns, which is buying a property and hiring a contractor to finish some work only for him to leave me with a larger bill or run away with the cash.
Thank you so much for your help!