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All Forum Posts by: Hansel Gunawan

Hansel Gunawan has started 14 posts and replied 25 times.

Post: What is house hacking?

Hansel GunawanPosted
  • Posts 25
  • Votes 23

It might sound stupid, but I'm beginner here.

What exactly is house hacking? what makes it better than other strategies?

Thanks!

Hey, I'm Hansel. I'm a software engineer that wants to start investing in real estate for my future.

Right now I live in Chino, CA. Property price in this area is around $700K-1M, which I don't think I can afford the monthly mortgage.

Should I start consider looking in other state? Also, which state is currently developing?

Also, what strategy is the best for first timer like me? 

I really need guidance.

Thanks!

@Devin Kelley how to get a property manager? through realtor.com and such?

@Chris Seveney so, what's your suggestion for a first timer like me that wants to get started in real estate investment?

Hey, my name is Hansel. 

I'm looking to buy my first ever property for investment so I can achieve financial freedom sooner in my life!

Many articles/youtube videos/posts said that Multi-Family property is the right thing to do to build my empire. Is that true?

If so, which city/area should I start looking? I live in California right now where the price is insanely expensive! I don't mind looking in other states too.

If not, what is the better strategy for first time home buyer like me? BRRRR? House hacking?

Please, I need guidance on where to start!