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Updated over 4 years ago on . Most recent reply

User Stats

5
Posts
3
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Austin Wingett
3
Votes |
5
Posts

24 Years old with 30K and ready to House Hack

Austin Wingett
Posted

Just beginning my real estate journey, and as a financial advisor just out of college, my income normally fluctuates. I've been saving religiously, and have 30K to start with. Very fortunate to come out of college with no debt, and practicing what I preach for my clients. Looking to House hack here in Grand Rapids Michigan, but with the market at a high, and my experience lacking in real estate, I haven't made any moves. Looking for input on best practices to make sure I avoid any mistakes from the beginning. Open to any and all suggestions.

Most Popular Reply

User Stats

160
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80
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David Edwards
  • Architect
  • Seattle, WA
80
Votes |
160
Posts
David Edwards
  • Architect
  • Seattle, WA
Replied

@Austin Wingett following up on what @Connor Anderson wrote, make sure to add a 10% mgmt fee in your future projections so you don't have to fix toilets at 2 am 5 years down the road.

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