Acquired a double lot for $112k after resolving title issues and paid $360k for construction, creating a 6-bed, 5-bath house designed for co-living or multi-gen use.

1️⃣ Househacking a Multi-Family (2-4 Units):This is how I started with a 3 family outside of Hartford CT—and how many of our clients in expensive markets do, too.

Also can I attend this monthly meeting virtually?

3 separate recent studies show it is currently cheaper to rent than own in virtually every large market and that it has never been more so than currently.  

Multi Family is much more heavy on the income numbers.

While the traditional approach involves buying a multi family property, living in one unit and renting out the other - with rising prices and interest rates; others have considered renting out bedrooms as unit spaces. 

Hello @Daniel Reed,The supposed advantage of multi-family properties over single-family homes is misleading when you look at financial performance.

I’m currently evaluating whether to go with a Fund Model instead of a traditional JV for an upcoming multifamily project, I will be working as a developer looking to do work with a more experienced developer on a larger scale multi-family opportunity.

I dealt with this exact scenario last week with one of my tenants in a multi-family.Most often, tenants and neighbors are timid and not wanting to call the police.

Investment Info:Small multi-family (2-4 units) other investment in Islip.