First-Time Home Buyer
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated almost 2 years ago on . Most recent reply

House hacking anywhere in the US - Where would you go?
Hello! First time posting, long time lurker.
Within the next 7 months, my partner and I are looking to purchase a duplex or triplex - with a 375k budget (on the high end). We plan on putting 10-20% down. We both work remotely and can go anywhere. We want to consider appreciation rates, income/state taxes, quality of life, and extreme weather. Our goals is to generate cash flow while ideally being in a location that appreciates well.
Areas considered so far:
Cleveland, OH: Great home prices, but the income/state taxes are high, and unsure how we will handle the 4 months of snow every year.
Huston, TX/Tampa, FL: No income states are great, statically better appreciation, but the hot humid weather and hurricanes are holding us back.
Memphis, TN: Another no income state, but high crime/poverty rates, with higher property taxes.
We haven't ruled anything out and are a little overwhelmed with all of the options. We would love some input! Where would you go?
Most Popular Reply

I think one of your main problems is having so many options. Sounds great but then you can overthink and always 2nd guess. Personally, I say have some fun with it. What things do you like to do? Maybe go in a region that has those things. It could be a really fun couple years if you househack for a year in a place and move to another one. Awesome seeing that you are using your competitive advantage of pure remote work to build a real estate portfolio!
- Jared Hottle