Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago,

User Stats

3
Posts
0
Votes
Cade Miller
  • New to Real Estate
  • Hutchinson, KS
0
Votes |
3
Posts

Deciding whether or not to go after my second property

Cade Miller
  • New to Real Estate
  • Hutchinson, KS
Posted

Hey all! So last month I was able to close on my first house that I am house hacking with a couple of friends of mine. Earlier this week I saw, that my neighbors directly beside me put their house up for sale. They've listed it at the same price I purchased my house at. This house includes 2 more bedrooms, 1 more bathroom, 1675 more square feet, as well as a kitchenette in the basement. I feel like this could be a perfect opportunity for me to get real cash flow while being right there to watch over things. I guess my worry is am I jumping into something too quickly? Or am I just interested because the property is next door? I've run the numbers and it has great ROI, better than the house I am in, I just don't know if the timing is right considering I just closed my first house. I have a showing set up so hopefully, that can give me some reassurance. Any feedback would be greatly appreciated!

Loading replies...