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All Forum Posts by: Ezra Hodgson

Ezra Hodgson has started 1 posts and replied 2 times.

Thank you all for the advice and encouragement! My wife and I bought our first home about a year ago, before I ever thought to house hack. Otherwise that would have been a really great way to break into owning my first multifamily.

Based off of the podcasts I have listened to and the experiences of my family members I want my first deal to be be a small multifamily. That way I can establish some cash flow and get a taste for being a landlord. 

What are good cash flow goals though? Especially in such a competitive market. I don't want to set an unrealistic bar for myself right out of the gate.

My name is Ezra Hodgson, and I recently obtained my real estate license in New Hampshire. Currently I am a dual career agent as I find my way in real estate, trying to ease my way into it as best I can. Fingers crossed, but my first deal should be closing this November. 

I have family members who have been able to successfully leverage real estate to achieve financial freedom and seeing how they are able to live gives me something to work towards. Also, my wife and I are expecting our first child this coming March and being able to build passive income is a goal of mine to help give me more time with the people who matter most.

Being new to real estate investment and real estate in general, I want to learn as much as I can before diving head first into my first deal. Living in a highly competitive part of NH, I don't want to bite off more than I can chew.

As a first time investor what do you think I should most look for in my first investment property?