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All Forum Posts by: Brian Sherman

Brian Sherman has started 21 posts and replied 45 times.

Post: Cash Flowing 4-Plex in Sacramento

Brian ShermanPosted
  • Investor
  • 95821
  • Posts 50
  • Votes 17

@Inno Ekeh when you say "scouring the internet and talking to brokers," what does that mean? Did you search MLS, off market, auction? By brokers, do you mean real estate agents? Why talk to so many? What's the advantage of that? Who would you recommend and why?

Sorry for the barrage of questions, just trying to learn all that I can.

Post: Sacramento House Hack

Brian ShermanPosted
  • Investor
  • 95821
  • Posts 50
  • Votes 17

@Nick Sandoval This is great! Im getting close to making my first house purchase ever. I want it to be somewhere in Sac or close to it. I want a du or triplex. Did you go through the mls or off market, or something else? Also, how do you find out if the lot your looking at is ok for an adu or other version of adding a unit to the lot? Lastly, how long did you do research for before pulling the trigger on your first investment property?

Post: House hacking my first du/triplex in the Sacramento, Ca area

Brian ShermanPosted
  • Investor
  • 95821
  • Posts 50
  • Votes 17

@Britton Taylor Oh I see! What an excellent suggestion! Thanks! Can you tell me a little about your experience as a real estate agent and your experience as an investor?

Post: House hacking my first du/triplex in the Sacramento, Ca area

Brian ShermanPosted
  • Investor
  • 95821
  • Posts 50
  • Votes 17

@Britton Taylor Thanks for the tip. When you recommended that Arden area, were you referring more so to single family homes (stating that I can get more rooms for higher rent and same price as duplex)? Are you saying that I would be better off renting out a portion of a single family home and living in the other part? Remember that I want to house hack. However, if there is more money to be made in this type of strategy, then I'm definitely interested. 

@DJ Dawson We are very confident that we can pay for the full price of the mortgage payment and operating expenses if we have a vacancy. After all, this is the same thing as if we were living in a single family unit. Tell me a little more about your investment experiences both personally, and as an agent. 

Post: House hacking my first du/triplex in the Sacramento, Ca area

Brian ShermanPosted
  • Investor
  • 95821
  • Posts 50
  • Votes 17

My wife and I are making a great income with a lot of savings built up. We work in the school system, which comes with some great investment perks from the govt. In talking to a loan provider, we could easily qualify for a 600k loan. We are finally looking at buying our first house; we want to house hack with a duplex or triplex. We would love to start with a BRRRR property, but I don't know if this is too much to take on as a newbie (though we are extremely ambitious and persistant). East and West Sac seem very promising, but we're totally open to learning more from a knowledgeable person about the best areas to look at. I'm also looking for an invester from the Sacramento area who can give us some pointers. We're looking to make this a win-win situation and help the investor to find good deals that help us learn in the process. If you are either of these people or know either of these people, I would really appreciate any help in getting in contact.