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Updated about 5 years ago on . Most recent reply

User Stats

31
Posts
35
Votes
Cody McVay
  • Rental Property Investor
  • Columbus, OH
35
Votes |
31
Posts

House hack free time

Cody McVay
  • Rental Property Investor
  • Columbus, OH
Posted

Hello Bp!

I purchased my first house hack “HH” (duplex) in Columbus, OH almost 2 months ago. Things have gone extremely well thus far minus a few very minor issues that were great learning opportunities. My investing strategy is to purchase a 4 - plex (HH) next year and then maybe another HH after that as my goal is financial freedom in 3 years and I believe that should get me there (cover all expenses, not necessarily quit my job freedom yet) then start moving into buying smaller multi family properties (thinking 16 - 30 units) once I gain basic principles and experience.

My question is, what can I do in the meantime while patiently waiting for the next HH to learn more about REI and maybe making some additional $$$. I've been learning about Property management and improving analysis skills, but I've been lucky as my tenant has been very low maintenance! Any and all comments are appreciated!

Thank you!

Most Popular Reply

User Stats

1,995
Posts
1,875
Votes
Marc Rice
  • Real Estate Agent
  • Columbus Cleveland Dayton, OH
1,875
Votes |
1,995
Posts
Marc Rice
  • Real Estate Agent
  • Columbus Cleveland Dayton, OH
Replied

@Cody McVay

Congrats! For me getting my license and learning under a mentor helped me grow my business and my real estate acumen. There are many paths to go in to continue to grow your rental portfolio/experience. No answer is the right way. Go whichever path you feel most natural to you.

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