Limited Cash Flow - Duplexes

[Ronell Richard]

Hello, 

I’m planning to buy my first property in the next year and house hack in Wichita. I’ve been monitoring the market daily but I’m not seeing many duplex options that cash flow, most listings have high HOAs and property taxes that kill the numbers.

For those familiar with Wichita: what are effective ways to source duplexes or small multis that don't make it to the MLS? Are there specific neighborhoods, realtor contacts, or strategies that actually work here? Looking for actionable advice versus theory.

Appreciate any insight!

[Tre DeBraga]

whats up Ronell,
I am not familiar with your market but I hear you and the struggles. Cash flow is very tough to come across nowadays especially in a tough market like yours. The point of house hacking is not always cash flow though. Would you be paying much less living in the house hack then you would be on rent?
I would suggest looking at value add properties.. Maybe a 203k loan that has under market rents. Once stabilized your numbers would look much better. You really gotta get out to real estate meet ups, be in FB groups, etc to find these savy deals. They are not always on the market.