All Forum Posts by: Frank A.

I'm a new Tacoma area investor but I'm down to Zoom if the timing works out! I'm undercontract on my first property so that kind of makes me a .75 on the 0-2 scale hahaha. 

Ryan, thanks for the response. I have been pre-approved up to $900K. I'd prefer to keep my budget under $500K though. My criteria for purchasing is that the property is able to cash flow positively in current market place since I plan to hold as a long term rental after I move in a couple years. 

Thanks again. 

 

Hello all, I've also gotten an assingment to McChord AFB this summer. I'm single and in my early 30s so I'm looking to house hack by buying a 2-4plex/MFR in a "hip" neighborhood where the younger population tends to live. Do you know in what areas I'd want to start looking?

Thanks in advance! 

@Russell Brazil Awesome, so to be clear if I purchased a 4plex with renters, I would be able to raise rents at will? 

Hello all, I'm planning on moving to the DC area and I'm planning to house hack with a MFR owner occupied quadplex. I've also been trying to understand the rent control laws. Does the below excerpt from the rent control pamphlet mean that a 4plex would be exempt from the rent control laws?

"The Act applies to all housing accommodations and rental units in the District of Columbia. The rent
adjustment section of the Act does not apply to rental units that are specifically exempted by the
Act. The most common exemptions are rental units in these categories:
 rental units (including condominium or cooperative units) owned by a natural person who
owns no more than four rental units;" - https://dhcd.dc.gov/sites/defa...

Thanks for the help in advance! 

Very motivational! Thanks for posting in detail!