
6 December 2024 | 17 replies
You should consider skipping college and getting your real estate license if you are super serious about the industry!

10 December 2024 | 6 replies
The only way to answer that in general (whether house hacking in today's market is still a good option) or for a particular property, is to learn how to run the numbers and analyze a specific property to see whether it will be able to stand on its own as an investment when you move out someday.There are a lot of resources here on BP for doing that but I'd just say, make sure the assumptions you're putting into your spreadsheet or deal analyzer are realistic.Make sure the rents (especially for vacant units or pro-forma #s) are realistic by doing your own rent comps; make sure the mortgage rate is realistic by doing some research online and/or talking to some mortgage folks; make sure insurance #s are realistic by getting a couple of quotes for the # of units and zip code / area you're looking in; etc.I hope that helps, and good luck 😊

7 December 2024 | 0 replies
I don't remember their names but people from the War College helped us redo the electrical and plumbing for cost which was amazing.

15 December 2024 | 30 replies
The tenant pools are great, as we are the State capital, we have two MAJOR hospitals, government jobs, large developments happening (out-of-state union workers), MSU, Lansing Community College, and so on.Â

7 December 2024 | 18 replies
We have been sharing a car since 2020 in different households when she worked from home and attended college online.She worked and studied, maintained good grades and was compensated for it via her school and the system.

5 December 2024 | 19 replies
My oldest is 18, in her first semester of college, and should be house hacking in 2025.

6 December 2024 | 2 replies
Hello, We just purchased a single family home that is currently leased to five college students.

8 December 2024 | 1 reply
Are there any good resources online to be able to get an idea of average monthly/yearly expenses like utilities, etc. for a given zip or city?

2 December 2024 | 6 replies
Paying for an online course before you know other investors and have gone to meetups is just paying to procrastinate.

6 December 2024 | 21 replies
Most of the time they are young 20s and fresh out of college and never owned a pierce of real estate.