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All Forum Posts by: Aditya Kohli

Aditya Kohli has started 9 posts and replied 36 times.

@Harry Dhaliwal : I am in a similar boat but have a little bit of RE investing experience now ( 2 properties ) . I would recommend house hacking especially if it is your first deal for couple of reasons : 
- will bring down your housing expenses 
- find a property with some value add options ( use minimal down payment and use your remainder of cash for improvements ) , this will give you a boost in equity that can be used to buy more RE later
- self managing via house hacking will take out property management expense and will teach you more on RE investing 
- house hacking will also give you the best loan product and chance to enter in high appreciating neighborhoods with very less money 

Quote from @Mason Weiss:

Hey @Aditya Kohli, are you just looking at Tucson or are you open to other areas?

Hey Mason, just looking at Tucson as of now

Thanks Patricia and Allen for great suggestions , As a next concrete step I ll try reaching out to the Corporate housing groups , hospitals and universities 

Hey all, 

Starting to pivot from STR to MTR strategy for my 3Bed 2 bath house (close proximity to 1-2 big hospitals ). I have been on furnished finder and started to talk to travel nurses but mostly find 1 or 2 nurses traveling at a time and my pricing is slightly beyond their budget. Any tips on how can i find a bigger group to rent to on monthly basis ?

Some of the things i looked at apart from what you mentioned were : 
- Yearly maintainence fee (if any ) 

- Time to close for the line 

- % equity they could lend me upto ( mine went till 90% on primary) 

Hey Kyle, would love to connect with you! I do a mix of STR and MTR in Tucson ( STR for peak season around gem shows ) and MTR during the other months

Congrats Patrick for your deal! Both the airbnbs look amazing. I am a fellow airbnb investor (https://airbnb.com/h/luana2) and a house hacker in Bay area. Hoping to connect with you on my next trip to Tucson

@Wyatt Postal : they are in Fremont (very close to Big Tech company offices like Facebook, Tesla, etc )

@Marshall Leipprandt great pointers. We are definitely looking at how the cash flow and net worth would be in 3-4 years from now.

Will definitely look into the tax advantages of owning the new primary too .

Another great point you bring up is how we are getting back on our liquidity too and should factor it into when looking into deals

Given the price dropping steadily we want to position ourselves to buy in next couple of months.

@Matt K. The purpose of old primary is :

- will catch up on cash flow in 1-2 years

- principal down is greater than negative cash flow , so more equity

- would like to keep the house for longer term as it is close proximity to big tech companies

Me and my wife are still in growing stages of our career so cash flow is not the first goal