Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago on . Most recent reply

User Stats

51
Posts
26
Votes
Jacob Sheets
  • Real Estate Agent
  • Cedarburg WI
26
Votes |
51
Posts

What was your first househack? - Helping Others Get Started

Jacob Sheets
  • Real Estate Agent
  • Cedarburg WI
Posted

Excited that my buyer clients just closed on their first househack owner occupied duplex in Port Washington, Wisconsin!

@Adam Chmielewski saw my BiggerPockets post around a year ago, and reached out to learn about how my wife Rosie and I got into our first two househack duplexes. I educated them not just about buying his first home, but also showed them how to use the BiggerPockets Calculator so HE can decide on what KPIs (key performance indicators) that he wants to purchase his investments off of and confidently select his first on-ramp to financial freedom.

What was your first househack story, and have you ever helped anyone get started like this before? Would love to hear your stories!

Also, if you live in the Milwaukee to Madison area and/or attend any of the BiggerPockets, Milwaukee REIA, or Madison REIA meet ups, I would love to get connected. On to the next!

Most Popular Reply

User Stats

109
Posts
115
Votes
David Mo
  • Lender
  • Milwaukee, WI
115
Votes |
109
Posts
David Mo
  • Lender
  • Milwaukee, WI
Replied

@Jacob Sheets My first investment/house-hack is a duplex in West Allis that @Marcus Auerbach helped me purchase! I raised rents in the bottom unit to market value, threw 18k into the upper unit for renovations, currently rent 1 of the bedrooms out, and rent covers all my fixed expenses and 90% of my variable expenses. 

House hacking is a great way to get your feet wet in RE investing and opens a lot of doors/opportunities down the road! 

Loading replies...