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Updated almost 2 years ago on . Most recent reply

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Karlo Nava
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Looking for 2nd property

Karlo Nava
Posted

I currently own and house hack a duplex. Bought it in 2019 so there’s plenty of equity in it. Looking for recommendation on how to position myself to acquire another in the SLC area or possibly other places that might cash flow better. 
property cash flows around $300/mo. And I currently work a regular 9-5 myself. 

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied
Quote from @Karlo Nava:

I currently own and house hack a duplex. Bought it in 2019 so there’s plenty of equity in it. Looking for recommendation on how to position myself to acquire another in the SLC area or possibly other places that might cash flow better. 
property cash flows around $300/mo. And I currently work a regular 9-5 myself. 


I agree with Ko. You already house hack, so find another property to house hack. You can rent out the space you currently live in to keep that property cash flowing. If you buy a fourplex, you will have a place to live in the fourplex and five rentals.

  • Nathan Gesner
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