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Updated over 1 year ago on . Most recent reply

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Rod Navarro
34
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10
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Looking to House Hack with a Quad in Orlando, FL or 2hr drive radius

Rod Navarro
Posted

Hey guys! 

I started in Real Estate last year with Tax Deeds and flipped a couple parcels for profit, then as I researched more, found and fell in love with House Hacking, specifically with small multifamily, as a mean to create cashflow and eliminate my biggest monthly cost: my mortgage

I currently have a Single Family Home in Haines City, FL which has gain good equity and I can probably net around 70k by selling

My goal is to look for a Quadplex in Orlando FL or within 2h driving, just so I can drive and see the properties realistically. 

Any word of advice, experience or recommendations as I embark in this process? Point out good cities / neighborhoods in the area with good cash flow potential is appreciated. 

Also, if anybody reading, did this in the area, how was your experience, what would you say to a newbie like me?

Regards!


Most Popular Reply

User Stats

10
Posts
34
Votes
Rod Navarro
34
Votes |
10
Posts
Rod Navarro
Replied
Quote from @Carlos Ptriawan:
Quote from @Rod Navarro:

Hey guys! 

I started in Real Estate last year with Tax Deeds and flipped a couple parcels for profit, then as I researched more, found and fell in love with House Hacking, specifically with small multifamily, as a mean to create cashflow and eliminate my biggest monthly cost: my mortgage

I currently have a Single Family Home in Haines City, FL which has gain good equity and I can probably net around 70k by selling

My goal is to look for a Quadplex in Orlando FL or within 2h driving, just so I can drive and see the properties realistically. 

Any word of advice, experience or recommendations as I embark in this process? Point out good cities / neighborhoods in the area with good cash flow potential is appreciated. 

Also, if anybody reading, did this in the area, how was your experience, what would you say to a newbie like me?

Regards!



you don't even need to buy quad, you could do this if the house has ADU/basement/two buildings or has more than 5 rooms with large space.


 right, my house has 5 rooms but I have kids/wife, so It's not an option to share the same living space with other people, we can be neighbors in the same dwelling though 

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