Househacking in Boston

[Edwydge Seac]

Hello Everyone,

I am currently a tenant in South Boston in a 2-unit multifamily home, I’ve been in the Boston area for almost 4 years now. I am looking to get into real estate investing and have decided that house hacking would be the best way for me to start my real estate investing journey. I have been reading, researching, watching Youtube videos and want to start taking some steps. I would love to connect with others in the area who have house hacked or are looking to house hack in the Northeast area.

I am also open to any and all advice about getting started on this journey!

[Lien Vuong]

Hey! So glad you’re starting to thinking about the househacking strategy and learning to grow wealth from there. As you’ve seen by the forum, the community is very supportive of the strategy and ways it can create long time financial freedom.
Are you looking to stay in the area you’re living in? There’s good opportunités and larger yields about 30-45 minutes from Boston as opposed to larger ticket properties and high appreciation of Boston property. I was able to do it in the metro west and still achieved 10% appreciation with ability to refi into lower rate the following year. Let me know if you’d like some local feedback and best of luck!