Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Need ideas for House Hack in an expensive market
I live in Miami Florida and I want to get involved in Real Estate Investing.
How do I balance where I ideally want to live with investing in Real Estate properties?
I love the FHA -live in one unit, rent out the rest House Hack model- but these properties seem to be too expensive here. The only large quantity of properties in my under 200k price range are studios. I cant rent out a studio while living in it! Arrrrg. What do I do? What should I consider? How to I prioritize lifestyle design and Real Estate investing?
For example... I may be able to buy a duplex in Tallahassee, Florida and make this model work, BUT I'd be sacrificing my income potential on the front end of things (from my job).
Help wanted.