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All Forum Posts by: Michael Nguyen

Michael Nguyen has started 2 posts and replied 14 times.

Post: Househack/Airbnb a Duplex

Michael NguyenPosted
  • Philadelphia, PA
  • Posts 14
  • Votes 2

@Brian Adzadi, appreciate the support. I agree, it's an absolutely necessity to have trusted people and system in place while I'm away. 

@Account Closed

@Account Closed Perfect. That's an important article to bookmark. Not as many hindrances in Philly as I would expect. I RSVP'd for Feb 19th's meetup. Thank you for the shameless plug! I will see you there. 

@Jocelyn Canfield

@Jocelyn Canfield Do you mean communities as in specific neighborhoods within Philly? If that's the case, something to look into. 

@Joe P. Those are concerns in the back of my mind as well. I would have to vet that trusted person(s) who can manage my property and take care of the emergencies when things go sideways. Do you mainly manage your properties? What would happen if you travel, and an emergency occurs? 

I don't mind having strangers in my part of the house. I've stayed in many Airbnbs myself, and I trust the people who use it to host or stay. 

Post: Househack/Airbnb a Duplex

Michael NguyenPosted
  • Philadelphia, PA
  • Posts 14
  • Votes 2

Hi everybody,

I am a new investor planning to buy my first home (duplex) in Philadelphia to househack it.

It would be my home base, but I plan to travel 6-9 months out of the year, meaning my unit would be collecting dust when I'm gone. While I am away traveling, I was thinking I could use it for Airbnb. I could have my friend manage it, or Airbnb has staff you can hire.

Is this legal? Is this a flat out bad idea?

I would love to hear your thoughts. Thank you in advance for your responses. 

Michael N.

Post: Seeking Philadelphia Real Estate Agent

Michael NguyenPosted
  • Philadelphia, PA
  • Posts 14
  • Votes 2

Hi everyone, this is an old post but thank you for sharing your knowledge. I am a new investor in the learning and networking stage. 

Post: Looking for opportunities

Michael NguyenPosted
  • Philadelphia, PA
  • Posts 14
  • Votes 2

Hi Curtis and everyone else who posted here. I'm completely new to real estate investing, so I am in the learning and networking stage. I am interested in doing rentals in Philadelphia down the road.