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Updated almost 6 years ago on . Most recent reply

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2
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5
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Chad Kenerson
  • Rental Property Investor
  • Spokane Valley, WA
5
Votes |
2
Posts

Buying another investment property well living in my duplex

Chad Kenerson
  • Rental Property Investor
  • Spokane Valley, WA
Posted

Hello I’m currently living in a duplex I own. I’m renting out the other side but would love to buy another place to be an income property long term. I really like the idea of owning a lot of property’s to set my life up later on in life. Love the idea of renters paying off my mortgage. Would love tips and assistance of people and maybe meeting up for lunch!

Most Popular Reply

User Stats

719
Posts
3,148
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Michael Haas
#1 Buying & Selling Real Estate Contributor
  • Real Estate Agent
  • 🌧️ Seattle Investor & HouseHacker | 🤑 Helped 100+ Clients HouseHack | 🏘️ Own 17 Rentals & 5 Airbnbs | 🏗️ Built 5 DADU's
3,148
Votes |
719
Posts
Michael Haas
#1 Buying & Selling Real Estate Contributor
  • Real Estate Agent
  • 🌧️ Seattle Investor & HouseHacker | 🤑 Helped 100+ Clients HouseHack | 🏘️ Own 17 Rentals & 5 Airbnbs | 🏗️ Built 5 DADU's
Replied

I agree with @Steve Vaughan - Our strategy has been to House Hack every single year until we either 1. have enough money to put 20%+ down on an investment property loan, 2. Have a baby or other life circumstance that makes it too difficult 3. get sick of buying rentals and decide to sell them to folks from Bigger Pockets at a significant discount (Just fishing on that last one ;) ) 

Good luck and keep the ball rolling!

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HouseHack Seattle | Michael Haas & Team
5.0 stars
69 Reviews

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