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Updated over 5 years ago on . Most recent reply

User Stats

11
Posts
5
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Jacob Powell
  • UT
5
Votes |
11
Posts

First time owner occupied

Jacob Powell
  • UT
Posted

How do you feel about an owner occupied 4 Plex or duplex? Iv been looking around for places in my area my wife and I are wanting to buy a place while we are finishing up school. What have you guys experienced with starting your first property those of you who have lived in your first one?

Most Popular Reply

User Stats

11
Posts
5
Votes
Jacob Powell
  • UT
5
Votes |
11
Posts
Jacob Powell
  • UT
Replied

@Margaret Johnson

I was figuring that I would have a cash flow of 500 to 1000 bucks living rent free witch doesn’t sound bad considering I pay 1300 now for our apartment. So I would be saving 1800 to 2300 a month while is still work my job. Plus the units I was looking a purchasing are with in 1 mile of a university, so I feel like they should rent really pretty easy each one is a 3 bed 2 bath with an attached garage.

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