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Updated over 2 years ago on . Most recent reply
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New House Hack - Any recommendations?
Hi everyone! I am happy to announce that I have started house hacking with my first real estate investment property! I am completely new to the process of rehabbing a home and setting up leases for the tenants (inherited 2 tenants) and handling tenant issues.
Any advice to help with the transition to becoming a landlord?
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Vincent,
All of the above advice is excellent. In addition to that, i'd strongly recommend you pick up one of Bigger Pockets beginner's books. Real estate becomes very repetitious for people like @Jay Thomas and I who've been doing it for a while. If I had to go back and explain real estate to myself when I was just starting, I honestly don't even know where'd I'd begin. There's a million tips and tricks out there, but there's tons of resources out there made exactly for you!
"The Book on Managing Rental Properties" by BP's Brandon Turner and Heather Turner might be a good start.
Best of luck!
Wes