All Forum Posts by: Tyson Thurman

@Bill Ward yeah that’s a good idea. Definitely want to take advantage of the low down payment.

Hey BP fam,

When you first started out in your real estate journey, did you purchase a home for your primary residence first or did you buy a rental property before you purchased your first primary home? My fiance' and I are getting into real estate, possibly may even house hack. But if we do not house hack, would you buy your primary home first and then look to invest in rental property second or would you start investing first and continue to rent for now and then buy a primary residence later down the line? Looking for some insight from others who have thought about this and the things to consider.

@Dan Portka That makes total sense. Thanks for taking the time to reply!

@Cody Neumann Hey Cody, thank you for that answer, that makes sense. I’ll use that method moving forward.

@Charles Cooper Hey Charles thanks so much for the response. Thats what I thought. During one of the webinars, I thought I recalled hearing something about using the money you would now be saving as your portion of the rental income since you’re no longer renting elsewhere and you’re now spending that portion on your current rent for the house hack. But your answer makes more sense. Thanks again!

Hey fellow BP members! Brand new investor here just getting into the game.

When analyzing a house hack situation for rental income, such as a Duplex or Triplex, would I factor in the rent that I would be paying as rental income for my unit? Or would I only include the rent from the unit(s) that I am renting out into that calculation? I am trying to get a better understanding of how to calculate the rental income for house hack situations using the BP Rental Income Calculator.

Thanks so much for your replies in advance. I look forward to meeting and connecting with some of you. I am based in Los Angeles County - San Pedro (South Bay).

Hey Matt! Welcome to BiggerPockets. I also am new around here and starting out in RE investing in Los Angeles County. Feel free to message me so we can connect.