We only recently moved our target to househacking a 2-4 family (initially we looked at getting a condo, really liked SoNo). 

The example has a woman who is a Widower and lives in a 3 Bedroom regulated apt, but was not asked to down size after her family reduced in size.In defense, however, I would ask how often does this happen?

House hacking is a great idea and there are some decent places that I would consider finding a 2 or 3 bedroom on the island. also consider looking out in Jersey, PA or the Hudson Valley.

Purchase price: $225,000 Cash invested: $30,000 Sale price: $340,000 Three level, single family home, 5 bedroom, 3 bathrooms.

BOD for condo association needs to complete taxes and advice on BOD self-managing as paid members..

Multis are incredibly rare and in high demand and you will be competing against cash buyers whose intent is a condo conversion on them.

I bought on sheriff sale condo.

All studio and 1 bed rooms.

Bought my first rental in 2010, got my real estate license in 2013 and bought a property management company in late 2015This is when my life changed and I became exponentially happier.I don’t punch a time clock and I’ll never go back.Since 2015, we have been hovering at around 115-130 doors that we manage for investors, as well as my personal units.Between last year and now, I have personally acquired an additional 10 doors through bank financing and owner financing.Through partnerships I’ve put together a few deals and have a 17 others (two duplexes, one 12 unit apartment, and one condo) .I love the podcast and this community of investors.Thanks,Dave Fulkerson

Overall, I think we spent about $15,000 on fully fitting out our 2400 sqft 4 bedroom 3 bath home.