All Forum Posts by: Matthew Balter

What are things you look for when trying to determine if an agent partnership is right for you? What makes an agent look great to partner with and what are deal breakers that immediately turn you off from working with them? 

I close on my first property on July 30th. It is a condex with 4br and 1.5 bath. This will be a house hack and I will be renting out rooms to friends/strangers. I have intentions of eventually adding a second shower and potentially opening up the floor plan a bit as long term I plan on moving out and keeping this as a rental property. Does anyone have any advice on the situation I described above to help me hit the ground running. Also what strategies do you recommend for a condex where some of the expenses such as roof and siding would be a shared expense with a separate owner.

Thanks!

Matt

I'm looking to buy my first property this year and house hack. However, the location I currently live in is an expensive area (however has great school and is mostly higher income individuals). This causes a duplex to be out of my price range so i would mostly have to purchase a single family and rent rooms out which should not be an issue. Im looking for advice on recommendation on how much to spend or if looking farther away in a cheaper market for a duplex might make more sense. For instance, currently a 3bed 3 bath (not full bath) is for sale for about $490k. I understand some of the key metrics in terms of loans but would like to understand more if less cash flow in a higher value market makes sense for a first time house hack. I appreciate all of your insights and understand its very situational dependent so it may vary.