Multifamily house hack in Bay Area?

[Vijay Gupta]

[Andrew Maxion]

Hi @Vijay Gupta,

I'm a huge fan of house hacking and perfect for folks just starting in real estate investing. One thing to note Multi-family investing in the Bay Area is competitive, and some folks would lose out on bids if they don't have cash offers at hand.

As you consider multifamily units, you can also look at building an ADU. I specialize in detached prefabs in CA, and a lot of investors that I speak with are purchasing SFR and build ADUs to effectively be a duplex for impressive cap rates and high CoC return. Another strategy you can also do is Purchase a multifamily unit, add two detached units, and rent out the rooms in the dwelling and the other ADUs.

Many things to consider, but at the end of the day, as long as you analyze your numbers and make sense, anytime is perfect for real estate investing.

Hope this helps and good luck!