Purchase price: $110,000 Cash invested: $45,000 Recently purchased my first house to use as a primary residence, currently I am renovating the kitchen and adding a full bathroom to the first floor.

Many successful investors started small, such as with house hacking or buying affordable properties to rent out.

It's growing rapidly and price of labor/ housing is dirt cheap.

Second, if you want a nice house in a nice part of town, you will have to pay for it, so will likely need to raise your purchase price.Third, if you want to go off-market, just know you are trading a lot of time for the possibility of maybe finding a deal.  

Quote from @Delfin Fernandez: I own a house that i rent in Miami dade florida.My tenant wants to get a dog.

When I tried to get it when my side of the family found out and tried ti take over reverser mortgage payments to bank because she had died it was to late so they sold the house to Hud and then other reverse mortgage companies but a relative still lives there so they can't kick them out.

@Abby H.Shifting from house hacking to small multifamily is a great way to scale, and securing a JV partner is all about networking, credibility, and structuring a win-win deal.

The next meetup will be February 23rd at Kirby Ice House! 

Our current focus is workforce and affordable housing investing.

Sullivan shares data on America’s Affordable Housing Crisis.