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All Forum Posts by: Terrance Jackson

Terrance Jackson has started 2 posts and replied 5 times.

Post: Potential 1st house hack duplex

Terrance JacksonPosted
  • Posts 5
  • Votes 1

This was very helpful, thank you

Post: Potential 1st house hack duplex

Terrance JacksonPosted
  • Posts 5
  • Votes 1
Quote from @Jay Hurst:
Quote from @Terrance Jackson:

Newbie here, looking to house hack first duplex. Question is what are the step by steps I need to do for finding out what work will be needed and how much it’s going to cost, etc. if for sure needs work. 

 @Terrance Jackson   Just curious, what market are you looking to buy in?  When it comes to 2-4 units not all markets are created equal. the northeast and midwest tend to have a lot more market for these properties then do newer areas of the south and west. 


 Thank you for your reply. Yes I’m in the Midwest. 

Post: Potential 1st house hack duplex

Terrance JacksonPosted
  • Posts 5
  • Votes 1
Quote from @Daniel McDonald:

This is where having an investor friendly agent is going to be key. They should be able to give you an idea of what needs to be done vs. what can wait and rough estimates/recs for contractors. You can also get a contractor to go look for you and give you a verbal estimate but not everyone will do that. Or do it for free.


 Thank you. The guy I’m working with I’m nearly positive has some investments under his belt as well as one of the top agents in the state and I figured he was the main source for that but just double checking. 

Post: Potential 1st house hack duplex

Terrance JacksonPosted
  • Posts 5
  • Votes 1

Newbie here, looking to house hack first duplex. Question is what are the step by steps I need to do for finding out what work will be needed and how much it’s going to cost, etc. if for sure needs work. 

I’m looking into buying an investment duplex from an investor. He didn’t post the zestimate. How do I find the info to “run my numbers” to make sure it’s cash flowing well. P.S. he did post the numbers of what the current renters are paying. I expect the property needs to be fixed up a lot