And before someone asks why I would want to stay where I am and pay rent instead of move in there and live for free or cheaper... it would add 1.5 hours each way to my commute on public transport whereas I currently drive 15 mins with barely any traffic.

Any issues that arise can be immediately addressed, and many beginning investors find that learning-by-doing helps to lay a solid foundation for eventually becoming a full-time real estate investor.Some of the main benefits of house hacking include:House hacking allows people to minimize the amount of capital tied up in a rental property, and is a way for people without a lot of money to begin investing in real estate.Financing the property as a primary residence normally does not require a large down payment and usually offers better loan fees and interest rates.Reducing personal housing costs by using rent money to pay toward the mortgage helps to build equity faster.Using tax deductions, such as the cost of repairs and depreciation expense on the part of the property that is used as a rental, reduces the owner’s taxable net income.House hacking minimizes unproductive travel time and transportation costs going to the rental property because the owner already lives there.Learning the ropes of being a landlord through house hacking is a good first step to becoming a successful real estate investor.All the best!

.: Civil exam in Transportation.

Getting to and from Tampa is not fun...it's a long drive with little-to-no public transportation options.

This area usually has a good rental demand due to its proximity to NYC and public transportation (Path/bus/light rail).

In my opinion, this is the best way to stay ahead of the curve, because once everyone begins to feel comfortable, you've probably missed the first wave of appreciation.In general, especially around here, buyers and renters place a premium on access to public transportation.

Richmond gives mre access to better transportation alternatives and properties overall will end up being valued higher there then Vallejo.

Hello All....I was wondering about the Texarkana region of Texas for investing in Multifamily property...I don't know the area and I was just wondering what the opinion is of the area....is it a dead zone or does it have potential for some future growth or at the least, a good place to invest for stable cash flow.I spoke with some brokers today and I got two very different viewpoints...one guy flat out said it sucks and my money would be better spent elsewhere and another painted a rosy picture with lots of business and transportation going on in the area...I would love to get the opinion from people here on BP as I value my fellow investors in the area with boots on the ground.I realize its not one of the hotter markets that is in the news all the time...I am looking for a good stable market that isn't dying and has potential for at least some future growth.....thanks for the helpJeff

The numbers seem to work but I'm not familiar with the area.Anything I should know about the area near the Arrott Transportation Center?

@Thomas Gardner that would be ideal other than the fact that transport and setup can be expensive.