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.
Philadelphia Real Estate Forum
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 almost 4 years ago,

User Stats

31
Posts
29
Votes
Brett Stander
  • Real Estate Agent
  • Philadelphia, PA
29
Votes |
31
Posts

Prospective House Hackers- What is holding you back?

Brett Stander
  • Real Estate Agent
  • Philadelphia, PA
Posted

Hello BP Philly, 

If we have not talked before, my name is Brett Stander- I am a realtor, Property Manager, and (hopefully) soon to be house hacker. 

If you are at all involved in the Philadelphia Real Estate scene, you would most likely agree that finding good deals for Multifamily units (especially those in safer areas) are hard to find. 

My two cents, to keep it brief: With the incredibly low interest rates at the moment, people who never invested in real estate are sticking their money into C+ - A+ assets, paying the mortgage and building equity. 

With this, however, the inventory is incredibly low. Especially for a good deal in a safer area. 

For me, this has been holding me back from getting into a house hack. 

My question: If you are thinking about house hacking, and you are looking in the city, what has been holding you back? The majority of us on this site have thought about house hacking for a while- if you are not taking the leap now, why not?


Loading replies...