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Updated over 3 years ago on . Most recent reply

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7
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Dwight Frazier
2
Votes |
7
Posts

New To REI and Bigger Pockets

Dwight Frazier
Posted

Hello My Name is Dwight Frazier, I'm a new dad and ready to make a change in my life. I have been reading books and listening to podcast and want to start making the steps so that I can have financial freedom. 

My goal and why are pretty simple invest multi family units that eventually gives me the cashflow I need to spend more time with my family.

I'm here to refine my how and join a community of likeminded individuals.

The plan is in about a year to move to Milwaukee with a house hack and begin my journey. Any advice is happily accepted because I am so extremely new to this. I hope to be an active member on these forums and build a strong reputation for myself.

Thanks in advance 

Most Popular Reply

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4,589
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6,605
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Marcus Auerbach
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
6,605
Votes |
4,589
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Marcus Auerbach
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
Replied

House hacking is a no brainer to get started; there are so many things you'll learn along the way! You go through the process of analyzing a deal, getting it from accepted offer to closing, working wit contractors and understanding all the components of a house, advertising it for rent, backgroundchecks, leases and ongoing property management... It's realativley easy to get started, low downpayment owner occupied loan, and it eliminates your single biggest monthly living expense: housing. You can go on YouTube and look for house hacking Milwaukee. No other city has more duplexes than we do, over 66,000 and on interesting fact is also that they are going on the market 4 times less often than an average single family home. Guess what that tells you!

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