house hacking pros and cons

[Collin Miller]

Young investor just starting out, I have decided to house house anybody care to show some pros and cons of it? What are some things you wish you knew before you started investing in multifamily?

[Nick Riccio]

@Collin Miller if done right, I don't think there are many cons. You need a place to live. If you can turn that place to live into an asset that costs you nothing, or very little? MASSIVE win. 

@Jeremy Nault is absolutely right, there's no better way to get started. Especially if you are in a HCOL area. My wife and I have been doing it in Boston since 2018 and have been able to live for free all this time and build a portfolio worth over $3.5M all using low DP options. 

I think the only "con" is you will need to get used to living with tenants. That is definitely a learning curve.