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Updated about 5 years ago on . Most recent reply

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2
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5
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Chad Kenerson
  • Rental Property Investor
  • Spokane Valley, WA
5
Votes |
2
Posts

Connect with with someone Spokane area

Chad Kenerson
  • Rental Property Investor
  • Spokane Valley, WA
Posted

Would like to meet someone and see how they got there second or third multi-family property!

Most Popular Reply

User Stats

706
Posts
2,474
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Michael Haas
#5 New Member Introductions Contributor
  • Real Estate Agent
  • 🌧️ Seattle Investor & OG HouseHacker | 🤑 Helped 90 Clients HouseHack | 🏘️ Own 17 Rentals & 5 Airbnbs | 🏗️ Built 5 DADU's
2,474
Votes |
706
Posts
Michael Haas
#5 New Member Introductions Contributor
  • Real Estate Agent
  • 🌧️ Seattle Investor & OG HouseHacker | 🤑 Helped 90 Clients HouseHack | 🏘️ Own 17 Rentals & 5 Airbnbs | 🏗️ Built 5 DADU's
Replied

Cashflow your first deal into your second. Then your third. Save like mad. Don't buy depreciating assets. Use owner occupant financing and house hack. If there's an option to put less money down, take it. Cash on Cash return is King. Buy Rehabs. Buy Big Properties. Buy Small Properties. Buy Weird Properties with out sized returns because other investors aren't biting. Line up a HELOC, BRRRR, or Private Money Loan (see - Cash on Cash return is KIng :) )

And finally, deal with your friends nicknaming you slumlord or saying that its "lucky" you have so many houses but never asking you how you got there or why you're a millionaire. Its a shame they don't ask but hey, more market share for you!

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HouseHack Seattle
5.0 stars
66 Reviews

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