Lookong for Phoenix area Multifamily to “House Hack”
I moved to Phoenix,AZ (Tempe actually) from California just over a year ago for the engineering job of my dreams, deciding to rent an apt until I get familiar enough with the market to consider buying.
Since then I’ve been working on reading and learning as much as possible while building a healthy savings and found myself most interested in a Multifamily duplex where I can rent one unit and live in the other. #HouseHack
For motivation to make a move on a good deal once I’ve found it, I only renewed my current lease for 6 months. :)
Does anyone know of any good MF realtors, investors, or wholesalers that I can take out for coffee that can aide me in my search? I haven’t been able to find much inventory on-market after months of searching.
Do your thing BP community!
Most Popular Reply
The small MF market in Phoenix is tough right now. The few MF that are on market are typically not great for house hack as they are not in the best neighborhoods or are WAY over priced. You may be better off house hacking property with guest house or renting out rooms. Buying a 5 bedroom near ASU and rent out the rooms. True MF are picked clean.