Although it was in good condition, we earmarked some funds for further improvements, including repaving the driveway, installing a new privacy fence, and making select upgrades and repairs inside the units.One of the standout features of this property is its prime location near the vibrant downtown area of Bryan, with easy access to restaurants and shopping, which added considerable value to our investment thesis.Initially, our plan was to utilize the duplex for Airbnb rentals.

The easiest way to start investing in real estate is househack which I was planning on for a while before pulling a trigger.

Boost Your Experience Level Another key consideration is your personal experience with real estate investing.

Boost Your Experience Level Another key consideration is your personal experience with real estate investing.

JIm I think the issue especially in todays market buyers might look at 10 15 20 houses before they pull the trigger are they really going to call 15 to 20 listing agents ???

The easiest way to start investing in real estate is househack which I was planning on for a while before pulling a trigger.

...if the vacancies are frequent or extended, it can be a big expense, so I analyze this thoroughly.As for house-hacking specific costs, there are things like furniture/appliances/decor for the common areas of the house, costs of screening applicants (like background checks), cost to advertise, the time and effort required to manage a house hack, etc.  ...although these expenses are worth consideration, they tend to be much smaller and almost inconsequential compared to the big capex expenses that can come with buying the wrong property (e.g.; you might spend a couple hundred bucks on tenant screening, but a new roof might cost $20k+).Back when I was house hacking regularly, one of the most significant "costs" was the cost of my time and effort to acquire tenants (which includes all the time and effort of posting ads, responding to inquiries, answering questions, doing viewings, screening applicants, managing tenants once they were in-place, etc.).

Hi BP community, I'm a junior studying engineering and I'm starting to strategize for my first house-hack, and I hope to pull the trigger in about 12-18 months.

This is an integral part of doing deals, the wholesale community maybe push the numbers in their favor to make that deal happen, that is of course not okay, and the same thing is said for agents that say they can list a home for $20K more than the next realtor just to get that listing then ask for the price reduction later (this just happened to me).This is a company that I tend to hear more bad things about then good things and that is where the caution needs to be taken into real consideration and make sure you are doing with with people that are looking for a win-win, not a win-lose/sometimes win-win which can happen in real estate more often then not if a person is not looking out for themselves.

If that scenario doesn’t include financial suicide, bankruptcy, death, or something similar, then knowing that I’ll be ok in the worst situation helps with pulling the trigger.