It requires some work—you’ll be a landlord after all—but the financial rewards can be significant.If you’re willing to live near your tenants, take on property management tasks, and want to grow your investment portfolio, this strategy could be a game-changer for your financial future.Final ThoughtsHouse hacking with a multifamily property is more than just a way to save on housing costs—it’s a proven method to accelerate your real estate investing journey.

Ever wondered if single-family or multifamily is the smarter choice for building your rental portfolio?

I’m ready to scale and begin my own portfolio of buy and holds using the BRRRR strategy.

This is particularly effective when paired with bonus depreciation provisions.This method not only helps reduce your tax liability but also enhances cash flow, making it a powerful tool for real estate investors looking to grow their portfolios.3.

Year 3 we achieved a 10% rent increase across the portfolio, but have incurred high turnover and vacancy costs.

And when a rising tide is lifting all boats, groups that amplified their results by using risky high leverage could score some massive returns until the music stopped, then will subsequently struggle to keep the rest of their portfolio out of foreclosure.

@Cameron Chambers I’m from Ottawa, my portfolio is there, but I live in the U.S.

Anyone interested in a 50/50 partnership to grow the portfolio?

•Goals: My short-term focus is to optimize my property management strategies and potentially grow my portfolio.

Also having a higher proportion of revenue generated through the residential component of the building does make financing easier. (3) The exception to the 80% rule I abide by is when the commercial space is leased to a credit tenant with a proven & sustainable business  or where the space presents the opportunity to attract a neighborhood amenity F&B operator (this is most beneficial in instances where you have a larger localized portfolio where these commercial tenants can positively impact the value of your overall residential portfolio).