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Updated 1 day ago on . Most recent reply

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Noah Wautier
1
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4
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What Would You Do at 18 to Be Ready for Your First Multifamily House Hack?

Noah Wautier
Posted

Hello everyone,

I’m 18 and currently in school to become an electrical line technician. I plan to have a stable W-2 job within the next year, and my goal is to buy my first multifamily property and house hack as soon as I can afford it, ideally within the next 12 months.

Right now, I’m spending most of my free time learning about real estate through podcasts and books. I’ve also been analyzing multifamily deals with fewer than 5 units, potential single-family short-term rentals, and studying a few different markets to see where opportunities might make sense.

I really want to use this time wisely instead of playing catch-up later, so what else can I do to prepare myself for that first deal? Is there anything I might be doing wrong at this stage?

For anyone who started young or remembers being in this position, what would you focus on right now to set yourself up for success when you’re ready to buy?

I appreciate all the help,
— Noah

Most Popular Reply

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Jules Aton
  • MD/DC
536
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897
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Jules Aton
  • MD/DC
Replied

Hi Noah, the best advice I can offer is work like a maniac now and save money so when you are ready to launch you will have the funds to assist in success. 

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