Travel health care investor

[Kolton Gutierrez]

Hey everyone. I wanted a few opinions on what someone in my position would do. My wife and are travel health care employees looking to invest. We just finished our first contract and are set to have about 80k saved after our next one ends. We are considering house hacking come February, however I’m not sure if it’s the best move. In one year we could save around 125K if we continued to travel to use towards deals. If we house hack that number is going to significantly less for a year. So I’m wondering if we should just keep traveling and make good money to try and find a deal with this expensive market? Or find a property that will cash flow well after we house hack and put some sweat equity into? 

[Grace Wang]

@Kolton Gutierrez I'm biased, but I'd say house hacking is the answer here. You'll have an appreciating asset that will provide cashflow. Question for you -- what else would you be doing with all that cash? High-yield savings account? Crypto? Gold bars? All jokes aside it would depend on your risk-reward comfortability. My suggestion is to run some numbers and see what your market may yield. Connect with local investors and investor-friendly agents to chat with them about numbers they see in the market. hope this helps.