All Forum Posts by: Daniel Fresella

Just closed on my first house hack on October 26th! Everything was going great with the rehab until the crawl space and basement started taking on significant water with the heavy rain here in Arkansas. I checked the inspection report and the seller disclosure. The inspection dis not find any evidence of basement flooding. 

The seller disclosure shows they deny any knowledge of the basement previously flooding, however there are very obvious attempts at sealing the lower part of the foundation walls. 

They even left the quickcrete bags in the crawl space!! The cost of installing proper drainage will be substantial. Looking for advice on recourse with the sellers if any is possible! Any constructive advice is welcome. Thanks!

Hey Everyone, 

I posted a few months ago about looking to buy my first property. After a few months I'm finally under contract for a 4 bed, 3 full bath in North Little Rock Arkansas. My goal is to house hack this first property. It was bought with stand alone rental criteria however I need a place to live while I'm here in Little Rock! 

Looking for lessons learned for first time buyers or house hackers alike so I can attempt not to travel the same path! The biggest concern I have moving forward is effective management as a landlord/my own tenant and choosing roommates who won't make me want to rip my hair out!

The house needs minor work and updates, all priced into the deal, however the leg work is mine to do!

All input is welcome!

Thanks!

-Dan

@Hadar Orkibi Yes! That was my primary plan.. still is. Granted my only source right now is zillow but I'm having trouble finding du/triplexs for sale no less viable ones for me to own. If there are any other sources of listings I can look at that'd be great!

Hey Everyone,

I've been studying Real Estate Investing for a few years now and I'm ready to make my first purchase (mostly). I'm active duty military and just moved to the area. I will be here for  a few years to come. I'm looking to buy a house I can live in now (and possibly rent rooms to friends ...I'm unmarried) and then keep the house as a rental property when I move to other assignments in the future. 

Post military I would really like to do this full time and want to get some experience now!

I've been searching in the NLR and Sherwood areas! I think ~$150,000 3BD 2BTH is a good place for me to start. The biggest input I need is on location!! If you all have any advise for this rookie please share! All advise welcome.

Thanks!