So...here I am with my first post on BP.My significant other and I are looking to acquire our first property via a multifamily house hack in Union/Essex county NJ. 

But now my mindset is to keep renting it until I can re-acquire it as a personal second / vacation home.

This year (2021), I acquired more properties to my portfolio.

Learned a lot about environmental issues and soil remediation.

In my leases I clearly write and explain to tenants that we will remediate any issues uncovered in the 1st 30 days at our own expense.

If you find out what the cap rates are for small apartments in that area, I'd add another point or so for a fractured condo cap rate.If you can ultimately acquire the other three units, that would increase the value of all the units.

I figured wholesaling would be a decent way to acquire experience with the market.

If you don't have the $ to avoid PMI, it is too risky to acquire multiple properties.

I just acquired two raw land properties that I want to build rental properties on. 

I promise once I finally acquire a property and officially start becoming a real estate investor, I will pay it forward!