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Updated almost 7 years ago on . Most recent reply

User Stats

63
Posts
9
Votes
Brock Laramee
  • Wholesaler
  • Tallahassee, FL
9
Votes |
63
Posts

Need ideas for House Hack in an expensive market

Brock Laramee
  • Wholesaler
  • Tallahassee, FL
Posted

I live in Miami Florida and I want to get involved in Real Estate Investing. 

How do I balance where I ideally want to live with investing in Real Estate properties? 

I love the FHA -live in one unit, rent out the rest House Hack model- but these properties seem to be too expensive here. The only large quantity of properties in my under 200k price range are studios. I cant rent out a studio while living in it! Arrrrg. What do I do? What should I consider? How to I prioritize lifestyle design and Real Estate investing?

For example... I may be able to buy a duplex in Tallahassee, Florida and make this model work, BUT I'd be sacrificing my income potential on the front end of things (from my job). 

Help wanted. 

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