All Forum Posts by: Neil Mansilla

Congrats on making that move! I’m sure you already know this but house hacking vs using that money as a pure investment can yield dramatically different results. Just depends on how uncomfortable you’re willing to be.

You also may not need a PM when just starting out, but a good one will make things easier. If cash flow is low you may want to reconsider especially if you have >4 (or whatever arbitrary number) units

Absolutely, I believe HH is the way to go at least that way it'll be easier to get a profit and low barrier of entry by putting a 3.5-5% down as mentioned by @scottcrowley. Thank you all for the input!

0 Votes

Bridgeport, Connecticut

Hi all,

I've been scouring this forum for a while now and I love the energy and the tenacity you lot have and it inspires me to reach that level!

With that being said I'm sitting on some cash and looking for a multifamily house in Bridgeport CT as either an investment or house hacking. Any thoughts or plans you might be able to suggest when first starting out? I understand ill need a property management company as an expense but what other expenses might arise, if there are any solid connections/recommendations you guys can share that would be really awesome!

I'll be looking forward to reading from you guys soon!

2 Votes

Bridgeport, Connecticut

All Forum Posts by: Neil Mansilla

Neil Mansilla has started 1 posts and replied 2 times.

Post: How to Start out - Tips/Recs/Advice

Post: How to Start out - Tips/Recs/Advice