Are you house hacking that duplex or full rental?

My wife and I have been approved to buy our first home. We want to house hack a 4 plex, but all the ones we see that might give a decent return are fully rented out. Do we, or has anyone followed through with buying a...

@Seth Parmeleewithout doing a full due diligence, i believe that was a mixed bag of tenant and park owned homes.

The property hit the market and we had TWO full price offers in 5 days.

Airbnb, so make sure your numbers work when you buy for a full time renter to replace you after you move out as you mentioned wanting to do.

i have been a member of BP for about 5 years and have been a full time learner of real estate investment.Good luck to you1

Part time or full time, Anything business from wholesaling, construction, property management, flipping, real estate sales, or anything else! 

Well here are few that I can think of:- You are an Accountant - who views the reports once a year to do taxes (That is it)- You are a Bookkeeper - you want to do the data entry because it does not make you money- You are a DIY QuickBooks user - who will surf the internet and YouTube for answers and not have the full process, procedure, and solution- You are a CFO - review your financials every day or week, depending on your business goalsNow let's get into the nitty-gritty:- You as a business owner should look at your reports by each property and unit- You should compare your Profit and Loss by:----- Month----- Quarter----- Year----- Previous Year Comparison----- By % of your Income ----- and the list goes onNow about your Equity - view your Balance Sheet and see the difference from previous year how much money you paid and received by improvements and loan, the personal money you invested and more...If you are looking at keeping the books for tax purposes and IRS, as well as use paper and pencil.

Getting full market price isn't always the best profit.

I am ready to move full-time into the real estate industry, with the right move.End goal is to get involved in real estate investing (fix and flips mostly), but do not have the capital to jump into that yet.