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Updated about 1 year ago on . Most recent reply
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Looking to House Hack with a Quad in Orlando, FL or 2hr drive radius
Hey guys!
I started in Real Estate last year with Tax Deeds and flipped a couple parcels for profit, then as I researched more, found and fell in love with House Hacking, specifically with small multifamily, as a mean to create cashflow and eliminate my biggest monthly cost: my mortgage
I currently have a Single Family Home in Haines City, FL which has gain good equity and I can probably net around 70k by selling
My goal is to look for a Quadplex in Orlando FL or within 2h driving, just so I can drive and see the properties realistically.
Any word of advice, experience or recommendations as I embark in this process? Point out good cities / neighborhoods in the area with good cash flow potential is appreciated.
Also, if anybody reading, did this in the area, how was your experience, what would you say to a newbie like me?
Regards!
Most Popular Reply
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Quote from @Carlos Ptriawan:
Quote from @Rod Navarro:
Hey guys!
I started in Real Estate last year with Tax Deeds and flipped a couple parcels for profit, then as I researched more, found and fell in love with House Hacking, specifically with small multifamily, as a mean to create cashflow and eliminate my biggest monthly cost: my mortgage
I currently have a Single Family Home in Haines City, FL which has gain good equity and I can probably net around 70k by selling
My goal is to look for a Quadplex in Orlando FL or within 2h driving, just so I can drive and see the properties realistically.
Any word of advice, experience or recommendations as I embark in this process? Point out good cities / neighborhoods in the area with good cash flow potential is appreciated.
Also, if anybody reading, did this in the area, how was your experience, what would you say to a newbie like me?
Regards!
you don't even need to buy quad, you could do this if the house has ADU/basement/two buildings or has more than 5 rooms with large space.
right, my house has 5 rooms but I have kids/wife, so It's not an option to share the same living space with other people, we can be neighbors in the same dwelling though