All Forum Posts by: Mollie Hess

Hey @Mamadou Diallo. Have you decided what kind of house hack you are looking for? SFH? Multi unit? Trailer? AirBNB?

Hi Leila! 

It seems like you're in a great starting position. I'd suggest adding in some market research on population growth and job market. Especially looking out of state, this should give you more information on where is better for you in the long-term investment.

As for single family versus multi-family, consider the type of tenant you want and the level of management you're looking to handle or hire out. A single family tenant will likely be less management than a multi-family tenant. 

Good luck in your such! Feel free to reach out if you want to talk more! I'm also a young, just starting out investor. 

Hey @Jun Ho Lee! Great to meet you! I'm in the Columbus, OH area and also looking to get started with a house hack. Would love to chat sometime on this strategy!

@Pete Perez I'd go with the $800/month cash flow because my goals deal with increasing passive income. If you can sell and buy more properties that would cash flow more then I would consider the sale more heavily as an option. Best of luck!

@Jasmine Russell I'm just getting started and looking to obtain multi family homes as long term rentals that will allow me to be financially free by 30 (7 years). I'm excited about all the options and possibilities to go in real estate after reaching that benchmark. Long term I want to be able to support my mom, grandpa and future wife and kids financially while also spending time adventuring with them and being there for the everyday parts of life.

@Shaina Stenersen Hey Shaina. I have a similar goal with my partner up here in Ohio! Excited to hear more on how your rentals go and good luck in a new state!