Looking to house hack via FHA loan in Reno, Nevada

Reno, NV · Member since 2018 · 4 posts · 1 vote

Hello Biggerpockets! First time poster and excited to join the community. My wife and I are looking to purchase a multifamily property in the Reno/Sparks area via house hack using the FHA loan. We prefer a fourplex but if the numbers work out for a duplex or triplex we would not say no. Our goal is to gain financial independence through multifamily rental real estate and eventually retire early in 10 to 15 years! However, we have no connections in the Reno area, booooo!

I want to ask those of you that are more involved in the Reno/Sparks community already for suggestions for a real estate agent. More particularly, a real estate agent that is more investor oriented and that we can build a relationship with for deals further on down our path. Any help would be greatly appreciated!

Alexander

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Logan AllecBusiness Member

Accountant · Los Angeles, CA · Member since 2014 · 1k+ posts · 980 votes

@Alexander McCairel great strategy. My first investment was a househacked 4-plex using FHA financing. It's a great first move!

Clarita CPA Group516 Reviews

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Tim Farrell
Real Estate Investor · Reno, NV · Member since 2012 · 240 posts · 45 votes
8y
Only one that I would recommend is Colleen McKoy from Brick and Mortar Properties. Not only is she a broker but she is also an investor. you can contact her through Bigger Pockets or Goggle her
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Alexander McCairel
OP
Reno, NV · Member since 2018 · 4 posts · 1 vote
8y
Thank you Tim, I will definitely take a look!
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Dusty CadyPro Member
Rental Property Investor · Reno, NV · Member since 2013 · 52 posts · 10 votes
8y
@Alexander McCairel I would also recommend Ryan Kane: http://renosierrarealestate.com/reno-real-estate-a...
He is an investor himself and has a pretty good pulse on the market.
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Virginia MarphisPro Member
Real Estate Agent · Reno / Sparks, NV · Member since 2013 · 174 posts · 59 votes
8y
I suggest networking. I’m an investor friendly Realtor who has an Investor’s Group who meets once a month the third Wednesday of every month at my office’s large presentation room. At 6pm this Wednesday. You and I can get together by appointment and talk further on your plan to see how I can help.
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Alexander McCairel
OP
Reno, NV · Member since 2018 · 4 posts · 1 vote
8y
@Dusty Cady Thank you for your recommendation! He seems to have a lot of experience in the area.
@Virginia Marphis I agree that I need to network and am interested in joining your meetings and potentially talking!
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Logan AllecBusiness Member
Accountant · Los Angeles, CA · Member since 2014 · 1k+ posts · 980 votes
8y
@Alexander McCairel great strategy. My first investment was a househacked 4-plex using FHA financing. It's a great first move!
Clarita CPA Group516 Reviews
Website View Page
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