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Updated over 2 years ago on . Most recent reply

User Stats

81
Posts
17
Votes
Joe Gilroy
  • Rental Property Investor
  • Castro Valley, CA
17
Votes |
81
Posts

House Hacking a Duplex or Triplex ?

Joe Gilroy
  • Rental Property Investor
  • Castro Valley, CA
Posted

Hello BP ! I am planning to buy a duplex or triplex to house hack in and need some ideas on the location. I am considering the following areas mostly because of the low price points they offer. Toledo, Akron, Canton, and Youngstown Ohio. And also Pittsburgh Pa metro area. My price range is between $50k to $150k. I will live in one of the units. It can not be a fixer and must be move in ready or maybe it just needs a little paint because I am not that handy and I don’t want to mess with fixing stuff.

I am also thinking about furnishing one of the units and making it a medium term rental for travelling nurses. My question is which location is best and also if a property priced this low can it still qualify for a medium term rental ! If you have any advice or experience, I would appreciate the help. Thanks.

Most Popular Reply

User Stats

59
Posts
77
Votes
Sheena R Roth
  • Rental Property Investor
  • Canton, OH
77
Votes |
59
Posts
Sheena R Roth
  • Rental Property Investor
  • Canton, OH
Replied

We have 6 duplexes in the Canton area, I stick to 4 school districts: Perry, Plain, North Canton and Jackson. The latter two are definitely out of your price range. You can probably find an up/down duplex in Perry or Plain townships for $150k or less, especially now that the market is softening. My advice would be to stay out of Canton LSD even though it will look extremely affordable, you probably won’t want to live there. 

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