All Forum Posts by: Isaiah Fariel

@Griffin Jennings

Hi Griffin we have definitely considered those areas you are absolutely right about the Raleigh area which is too bad because we love it here but being a few towns over for us isn’t the end of the world we are hoping to stay within 45 minutes of Raleigh so hopefully we can find something within that distance

@Ola Dantis

Thank you for sharing your experience and your words of encouragement. We are definitely starting to realize that we might have to make sacrifices to get the ball rolling which in the short term is not an issue. After all you got to start somewhere so if that means moving to an area that isn’t what we are use to for a while it’s definitely worth it in the long run.

@Michael K. I don't have any experience in real estate which is why I really want to house hack doing multi family so I can really ht the ground running and learn as much as possible first hand. Ideally i'd like to start out in year long rentals and as I get more comfortable do out of state rentals as well as short term rentals

@Jon Rusnak thank you for letting me know that I wonder if that might vary by state but definitely something to keep in mind

@Jaston Robinson dang this is super helpful good looks

@Alexander Baldwin thats exactly what i'm thinking wanting to have a place to live while also collecting extra income. So far things I've seen have been on market but I am looking to go off market i've gotten creative finding things and i'm going to send a few direct mail to some places I saw.

@Bryce Platt I am definitively flexible when it comes to starting out. But the reason why I am so interested in multi family is because I will get to be more hands on with living there and being the property manager, doing repairs, dealing with issues and all the different roles possible to get a better understanding of this industry. Thank you for making those suggestions I will look into broadening my options especially because Raleigh is such a hard market to start out in.

I'm a new investor looking to purchase my first home, we currently live in Raleigh NC. My fiancee and I have about 10k saved up and want to purchase a Duplex and do a house hack. We want to invest in hopefully the Raleigh/Durham area but have been told by multiple people that is a very slim chance we don't mind going outside of this area if that means we can get a duplex. Our goal is to live in the duplex rent out the other half and within a year or two purchase second and a third and so on for homes. We will most likely do a FHA loan but are kind of lost as to the smartest path moving forward. We have between now and late fall to get everything together. Any tips that people might have regarding first home purchases especially house hacking multi family would be wonderful.

Thanks in Advance

-Isaiah