What are some usual steps the house hacking community takes to start building a portfolio after the first one is successful?

Second, I'd like to manage each property to make some cash flow to cover my 2 biggest expenses which is housing (covered by house hacking) and transportation.

Maybe house hack your primary with a roommate.

When looking for a good house hack I consider a couple things. 1.

My advice would be to take it one at a time, and if there is any way you can house hack a 2-4 unit property, I would recommend that first.I am also biased towards renovation loans (FHA 203k and homestyle) because of the equity upside potential with renovations.First thing...build your team!

House hacking is a phenomenal place to start.

Hey Mitch, I bought a duplex house-hack in March and it was one of the best things I have done.

I am currently house hacking the primary residence with an interest rate of 3.75%.

However, investing is a bit like cooking; cash flow is just one of the ingredients needed to keep things moving, but it’s important to consider other factors to make it a tasty dish.

My costly mistakes came from thinking I knew it all.Begin with house hacking - buy a duplex, live in one unit, rent the other.