Rookie Investor Introduction - About to move into my first Duplex House Hack

[John Davis]

Hello,

Long time lurker and consumer of real estate investing podcasts, books, and other information from BiggerPockets that just closed on my first investment property - a duplex house-hack.   It's all been a whirlwind of learning and doing and I'm looking forward to starting my journey with the goal of financial freedom in the next 10-15 years.  Ideally way sooner.  This house-hack will be a negative cash flow while I live in it, fix it up, etc.  Some other "adventures" I am looking at - the existing tenant is section 8 and the current property management company likely will not continue management.  So I will be learning the PM piece as I go as well.  

I'm acquainted with a couple of local investors, but would love to connect with others in the area (or nationally/internationally) with similar experiences and strategies.  I'm currently jumping head first into this community and would love to learn from more seasoned investors. 

-John 

[Walter Bowser]

Congrats on purchasing the investment property! Love the house-hack method! My biggest piece of advice is to run it like a business especially with the tenant next door. Although they are section 8 and the payment will be coming in automatically, don't fall in a trap of sob stories or nonsense with requests from the tenant. Always be empathetic, but at the end of the day its a business for you and you have to run it as such.