"House Hacking" Multifamily Questions

1 Reply

Hey, I am new to this real estate thing and looking into the purchasing a duplex or tri to live in one unit and rent out the others as well...Does anyone on here perhaps have any good resources as far as where do I learn about a couple of things?

1. Where would I learn about what I should expect for vacancy rates?

2. How much does it typically cost to insure a multi unit?

3. Where can I learn about the eviction process and how long it takes?

4. Any good resources for learning about what are "good" areas and areas to avoid when investing in certain cities?

If you happen to be someone in the WA area that would be even more amazing! (=

Thanks so much!!!

Originally posted by @Kelsey Harms :

Hey, I am new to this real estate thing and looking into the purchasing a duplex or tri to live in one unit and rent out the others as well...Does anyone on here perhaps have any good resources as far as where do I learn about a couple of things?

1. Where would I learn about what I should expect for vacancy rates?

2. How much does it typically cost to insure a multi unit?

3. Where can I learn about the eviction process and how long it takes?

4. Any good resources for learning about what are "good" areas and areas to avoid when investing in certain cities?

If you happen to be someone in the WA area that would be even more amazing! (=

Thanks so much!!!

Call an agent and hire him/her to be your buyer's agent. They will answer all these questions as well as point you in the right direction for any other questions you might have.