All Forum Posts by: David Rushton

@Pamela Sandberg

I’ve read into having that additional living space strategy. My family is low key and would be willing to give up space for the financial benefits.

Do you have an idea of certain areas in Phoenix where the casita space is more common?

@Jeffrey Daniels

Thanks for the heads up! That’s why I’m thinking to start with live in, flip then rent out. Then move onto the next home until I’m able to bankroll more effectively.

@Daniel Pitner

That’s a great tip! I’ll defo look into it!

@Pamela Sandberg

Hi Pamela,

Thanks for taking the time to reply!

Thanks for the tip.

I’ve done some research of the area and with the fact that I have a family. It seems house hacking through room for rent isn’t appropriate. Unless it is a duplex and it seems Phoenix is low with multi families.

However, I am keen on deciding my customer base then buying a home suitable to the customers then flipping the home while living in. Then finally renting it out after 1 to 2 years later and repeating the same process again. Im not trying to create a empire just a small but mighty portfolio.

What are your thoughts with this? I know it would take longer but the snowball effect would be strong in the long term are my thoughts. With the ability to slowly learn and pivot appropriately

@George Pauley

Will definitely do that! Thanks

@Ryan Peep

Thanks for the tip!

Great idea to read the local news.

Hey Everyone!

I’m moving to Phoenix metro area. Complete newbie but have the grit to make a small but mighty real estate collection.

Looking to get some information and guidance on house hacking or live in flip then rent etc. I’m open to any investment strategy really, just keen to start the process of understanding the real estate in the Phoenix.

I’ve read many books and listened to so many BP podcasts.

Looking forward to some advice

@Sarah Brown

I’m on it! Thank you.

I just feel this is such a good opportunity. To not only help out my auntie who doesn’t want the hassle of owning a home anymore. But also me who is keen to invest. However, I just want us to both avoid getting burnt.

Do you know of any other strategies that I could do to help us both out? Other than owner finance

@Sarah Brown

Wow this is amazing! Thank you.

I agree that my first priority is that my auntie in law has a full understanding of the positives and negatives given to her by a professional.

I think taking it slow and ensuring, that we are both happy with the situation before going through with any deal.

I am going to mention it next time I see her and go from there.

I appreciate this, it’s very helpful.

What type of professionals should I speak to?

@Charles Carillo

That’s a good point. Would you say from your experience, I shouldn’t partner with him and have him as my tenant? Both aren’t good situations?

I have money for rehab etc. And I would provide some money down for a down payment but it just wouldn’t be enough for a traditional mortgage.