Trouble Finding a House Hack Property in Hudson Valley, NY

[Charlie Dedinsky]

Hi BP Community,

I hope you're doing well! I’m a 23-year-old starting out in real estate investing, with an immediate goal to house hack a 2-4 unit property in the Hudson Valley, NY, focusing on Orange and Ulster Counties (open to Dutchess as well).

What I’m Looking For:

• Property Type: Duplex or 2-4 unit property
• Price Range: $350,000–$500,000
• Plan: Live in one unit (likely a 1B1B) and rent out the other(s)
• Location: Ideally within 45 minutes of Newburgh, focusing on Orange, Ulster, and Dutchess Counties
• Timeline: I’m aiming to close on a property by April, but I’m flexible and focused on finding the right deal.

I’ve been searching on Zillow and Realtor.com, but most listings don’t seem to fit the numbers or have already been picked over. I’ve also struggled to connect with local professionals who understand house hacking and rental markets in this area.

I’m looking for advice on finding possible properties, but I’d also love networking opportunities and recommendations for knowledgeable agents, lenders, and other investors.

Thanks for reading!

Charlie

[Anderson Banegas Cerrato]

Hey Charlie, great to see you diving into real estate at 23—that’s an awesome start! House hacking is such a smart way to build wealth, and the Hudson Valley is a great area with a lot of potential.

Have you thought about looking at 3-4 unit properties instead of sticking to smaller duplexes? More units mean more cash flow, and it might give you better options to make the numbers work. Sometimes, those deals get overlooked because people assume they’re harder to manage, but with a good plan, they can be way more profitable.

For finding deals, have you tried connecting with local investors or attending meetups in the area? Networking can be a game-changer, especially for off-market opportunities. I’d also recommend finding an agent who really understands house hacking and rental markets—they can make a big difference in finding properties that fit your goals.

Keep at it, and don’t settle for something that doesn’t work financially. You’re on the right track—excited to see what you find! Let’s stay connected—I’d love to hear more about your journey!