Bought our First Investment: House Hack

[Laura Hines]

Hello BP community! 

I have been lurking for the last 6 or so months listening to podcasts, reading forums and real estate books, watching webinars, and just geeking out in general about how much real estate investing just makes sense. I completed my masters last May and started a full time job as a scientist with the state of Kansas. After several months of my job I started realizing there was no way I wanted to have a W2 job for 40 years and genuinely one day stumbled upon the podcast. I immediately made my husband start getting involved in BP and we read rich dad poor dad (classic) and we knew real estate was it for us. We were lucky to discover that at age 23 with very little student debt, decent W2 jobs, cheap rent, no kids, and a drive to get at least one of us (hopefully both) off our W2 jobs. We had been looking at most multifamily homes that went on the market in Lawrence, KS where we live. We had told ourselves that before August we would have a house, so as not to sign another lease. We closed on our first property last week. I am so glad that I stumbled upon bigger pockets, we would have never thought about house hacking if we hadn't! An added bonus is that my husband over the summer started working at a hardwood flooring company and we get hardwood floors for CHEAP and they will help us install them. He's making great connections with contractors. We are planning on doing some renovations so eventually I will get around to posting some before and after pictures.