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Updated about 4 years ago on . Most recent reply
Finding a Good House Hack Realtor
Hello Everyone,
I’m about to jump in to some investment and want to jump in feet first into some house hacking.
I’ve started the process by getting a pre-approval letter with with my bank. I’ve done a bit of scanning of my different target markets on Redfin/Zillow/Realtor.com but feel I need a Realtor I can trust with knowledge in purchase of rental properties of small multi family homes to help along the way.
I will probably be relocating during this process as my current location is too pricey. I am looking at Austin, Dallas, Denver and Raleigh. How should I approach finding a realtor for a house hack in any of these areas?
Thanks,
Tom
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Hey Thomas!
House hacking is a fantastic way to start!
Regarding your question, BiggerPockets has a great tool for finding recommended real estate agents and various other vendors. if you select “Network” in the drop down, there’s an area where you can search the recommended vendors.
Another way would be to network with a real estate group local to the areas you’re interested in, and get a referral that way from that local network.
A quick side note I’d throw in here as well, while market price is definitely a factor, there are many ways to house hack in various markets depending on your goals. For example, Denver tends to be on the higher side. If you’re looking to cover a portion of your mortgage, the traditional 2-4 unit still works, but if you’re looking to cover most or all you’d want to rent each room out and can definitely do so.
Good luck on your home search, keep us posted!