However, multifamily properties may offer more considerable long-term rewards if you're ready to take on the challenges of maintaining numerous units and are interested in gradually creating a larger revenue stream.The optimal decision ultimately comes down to your own investment objectives, risk tolerance, managerial skills, and the particular market dynamics of the regions you're thinking about.

Because, house hacking can produce great returns, it’s highly flexible, it teaches you essential RE investing skills, but (compared to more advanced strategies like BRRR'ing, flipping, wholesaling, or out of state investing), it is comparatively lower risk, simpler and more beginner-friendly—and therefore has a higher likelihood of success.Here are the top reasons house hacking is the bestway to get started in REI:1.

Without knowing your exact interests, skills, etc. that's what I would recommend.

If you move there, get owners home insurance, utilities in your name, not a landlord policy, move all your billing, medical, voting, car registration, etc etc there you should be able to prove you live there 6 months.

Simultaneously, I have successfully developed and managed a portfolio of rental properties in the Chicago area over the past eight years, valued at approximately half a million.I am seeking advice on how to strategically leverage my skills and resources to make a breakthrough into Commercial Real Estate (CRE).

Performing a duplex conversion and possibly a basement conversion is a veteran's move, when you have the contacts and/or skills necessary to get it done as cheaply as possible AND as reliably as possible.

You don’t need any technical skills, and your photos, pricing and reviews will be automatically synced.

Explore areas near major attractions like the Galleria or medical centers, which offer a balance between affordability and potential demand.

Hey Yuqing,Firstly, congratulations on making it through medical school!

But if you want to stay married, buy a place you both like, in a neighborhood you both like.This isn't exactly what you asked, but I see ambitious -- but skill-less -- first-time buyers in Denver and Colorado Springs want to take on a big remodel in the name of "value-add" because they read on here it's the best deal.