All Forum Posts by: Bryan Calzadilla

Not at all! It's great to diversify outside of real estate, too. Plus, you're getting extra income from your company that will help you retire comfortably... I've heard the BP guys call it "hogwash" (see their CEO's book), but they should still be a staple.

Hi Rand, 

I appreciate the meaty response. Sounds like you have a stellar vision for your long-term plan. Well thought out, so kudos! Congrats on all the achievements from early this year, too. Tons of great change and foundation for wealth accumulation. 

But hey - I definitely share the same outlook on the Seattle-area market. I still see it primed for growth over the next few years. Bullish on the appreciation play. I figure my house hack is going to be a break-even scenario, as well, which I don't mind for a house hack. Just hoping to have the ability to invest even more with the increase in expendable income. 

Re: Your house hack - how long'd it take you to pull the trigger? Was it single-family or multi-family? Which area did you buy in? What was the strategy? Very interested in your experience, now that you're eight months in!

Thanks again!

Hello @Kayla-Kahaunani Sunada!

Welcome to BP and the forums. Great place to be for the aspiring investors, so wishing y'all the best. I'm not yet in the Seattle area, but looking to make the move within the next few months and house hack. Happy to connect!

Hello Fellow Real Estate Enthusiasts, 

I am hoping this thread can get us tech professionals networking with one another and discussing our experiences in real estate. What drew you to real estate? How are you all balancing investing parallel with your professional career? Are any of you also house hacking? How did you pick your markets? Feel free to ask other questions in the comments, too! 

A little about me... I am a product manager based in Chicago and currently working toward my first house hack. Looking for a market that is a tech hub with a great outlook. Most interested in Seattle! 

Looking forward to connecting with y'all. 

Hello BP, 

I am actively looking into investing in the Seattle metro area and would love to connect with all you pros (and rookies) out there. Are there any meetups or groups that you would recommend I join to get up to speed? In particular, I am interested in meetups that still have that virtual component as I am currently based in Chicago, IL. Let me know if you have any intel on helpful meetups.

Thanks.

Hello @Jess Haas - 

Thanks for the response.

4th house hack? Dang! Congrats on the success with the strategy. Are unit house hacks still feasible in the Seattle area? I wonder: for rent-by-room house hacks that you may have had, how did the transition go after you moved it? Did you convert them to unit rentals?

Re: fixers - I'm not surprised; seems like a lot of 'em would hand out high estimates. What did you find was your best source for finding your best ones to work with? 

I would certainly love to chat further about entry points/price points to expect. Will shoot you a DM.

Thanks!

Hey @Kat He - thanks for the response. My research supports the same; it looks like the STR or by-room strategy just makes sense. Would be interested in talking about areas you found worked well from both a ROI and QOL perspective and capital needed to reasonably enter the market. I'll shoot you a DM!

Hey y'all,

As of late, I've been weighing my options for a house hack in a major tech hub (i.e., house hacking to balance career and ROI). Seeing as Seattle is a major tech hub, I'm interested in house hacking the city. Have any of you recently invested in a house hack? What was your strategy? What were the major roadblocks? Just looking to understand the feasibility of it. Happy to hear about any of your experiences this year!

Thanks!

@Ryan Hazelwood - Appreciate the diverse population you've brought together! 

As for me, I'm 24 and currently own 0 investment properties. I am aggressively ramping up towards my first house hack. My strategy so far? Fund an emergency savings account (1/2 a year of salary), build retirement funds (Roth IRA, 401(k) - $10K/Yr), and develop a more liquid stock/fund portfolio that will bring in additional capital gains and dividends as I reach my down payment goal. On top of this, I've been using BiggerPockets and local REIAs to educate myself as I prepare for the REI journey.

I hope to come back to a post like this in about a year or so with a good report out for my first property!

Best, 

Bryan

@Dan Nelson - haha! I'm in agreement with you there.