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Updated over 5 years ago on . Most recent reply

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581
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Tony Marcelle
  • Bessemer, AL
32
Votes |
581
Posts

Wouldn't that money be better spent buying a house?

Tony Marcelle
  • Bessemer, AL
Posted

These gurus be charging thou$ands of dollars for their courses and seminars. If someone has that kind of money to pay for the course, wouldn't they be better off investing that money in real estate itself? Why pay $4k for a course teaching people how to become wealthy in real estate rather than use that money and take action?

Most Popular Reply

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95
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59
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Christian Rojmar
  • Austin, Tx
59
Votes |
95
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Christian Rojmar
  • Austin, Tx
Replied

@Tony Marcelle, because I focus on SFH buy and hold, I have not looked/read books that are relate specifically to house hacking multi-family. However, The Book On Rental Property Investing talks about house-hacking and multi-family to a certain degree and I do not see why the ideas in that book would not apply to your situation. I am currently in the middle of reading "The Book on Estimating Rehab Costs" which provides good insight on how to find areas that may need work as you walk through a property, how to create a statement of work, estimating costs of various rehab projects, how to find contractors, negotiating prices, etc. - Helpful if you are thinking about buying a property that may require some rehab and have little knowledge of fixing properties (like myself).

BiggerPocket members, any suggestions on great books related to house-hacking multifamily properties?

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