New Minneapolis Investor

[Thomas Walson]

Hello Bigger Pockets People!

My name is Tom and as the title states I am a new investor in the Minneapolis area. I'm 24 and just moved here recently and have been looking to by my first property. My ideal strategy at the moment is to house hack a duplex and taking advantage of my first time home buying loan. I'm very new to all this and have only been listening to the podcasts and reading the books for the past couple months, but real estate has lit a fire in me I have never felt before! I'm am very eager to learn more and to meet other investors in the area. Even if you are not in the Minneapolis feel free to shoot me a message!

Tom

[Jeff Schemmel]

Welcome Tom!  You have great things ahead, and it's great that you're bringing some energy to the table.  House hacking is a great way to start and learn the business at a manageable pace and take a little less risk.  I've started small like this and I currently house hack in st. Paul with my fiancee' and we've begun to think about our next property.  I have plenty of stories to tell, and I've also helped a number of people house hack like this.  I'm always up for a chat if you'd like some recommendations or you want to ask me anything about my experiences.  There are a lot of ways you can house hack, and one of the first things I always recommend is to think about what way is right for you.  Are you an aggressive "curtain-off the dining room as your bedroom" and rent all bedrooms kind of house hacker, or are you a "I need a dividing wall between me and tenants" kind of house hacker?  Some people don't really vibe with sharing common areas and they need that personal space, and others thrive on always being around people and they don't mind sharing their snacks, so-to-speak.  Good luck, sir!