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Updated over 1 year ago on . Most recent reply

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Rianna Mcgee
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Best option to start rental property investing

Rianna Mcgee
Posted

I am really interested in the house hacking method, however, there doesn't seem to be a lot of options in my area for multifamily properties (especially duplexes, which is my target). What is the next best option for getting into rental property investing? I am aware of the BRRRR method and would eventually like to do it, but is there a cheaper option for first starting out?

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Daniel McDonald
  • Real Estate Agent
  • Beverly, MA
284
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Daniel McDonald
  • Real Estate Agent
  • Beverly, MA
Replied

You can house hack single families and rent by the room. Where are you located? Brrrr strategy works out of state but it still can be costly unless you’re planning to go the hard money route. 

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