All Forum Posts by: Cliff Gervais

 Yeah thanks Bryan, 

I just figured we have no debt, and live at a spot for $640.00- which includes all utilities - why not try to house hack like all of you are mentioning - and probably rent out the 3 units and stay where im at. We don't have kids. However, 40k seems like it can go right if invested smartly. Thanks for the advice I think im going towards that direction! All these triplexes just look like they are falling apart out here! lol. 

 Hey, thanks Pablo. 

I actually put in to see a 2 family yesterday -

1 unit - 7 bedrooms being rented out now for2400 and other unit 4 bedrooms(empty now). Looks like someone is one step ahead of me though. 

I wanted to see another one though, but I guess the sellers agent, has to be there (usually they leave a key), for some strange reason they want me seeing it before 4 o clock which is difficult for me. I did drive by it around 415 - seems like people are trying to fix It up last minute not sure; thats the only bad thing I think about a lot of these triplexes - they are so old! or not in the best neighborhoods. decisions, decisions lol. 

 Thanks Bryan, 

you mean do that till it pays my single family cash, correct? 

 Appreciate the advice John! I started talking to my realtor and she's sending me multi's. I just hope it's a smooth learning curve. 

 Hey Thanks for responding John. 

Well you're right - I would be a first time home buyer. I was looking at single homes - then something hit me after reading Robert S book - rich dad poor dad, why would I want to by a single family. I'd be kind of stuck especially if I have the opportunity for passive income. A lot of the duplexes and triplexes were built in the 1900s and seem to require a lot of upkeep. However, I guess I could learn, etc. Just new to this type of thinking. AHHH im such a newbie! lol. 

 Such a good question!!! initially I wanted to buy a single family. Then my wife and I thought to ourselves maybe a duplex would be smarter... obviously market is definitely hot... however, not as bad as Boston area.. I guess I just needed ideas... im just now learning - with real estate it seems the sky is the limit. 

Good afternoon, So I'm definitely  a newbie here. Currently renting for cheap in Spfld MA $640.00 - all utilities included (So im not in no way trying to be impulsive and buy). Between my wife and I - we saved 40k. So my question is: what would you do with 40k starting out?