All Forum Posts by: Angela Arriaga

Hi Margarita, I have access to the MLS through an agent, but you can also find some of these properties on Zillow, Realtor, Redfin, etc.

Hey Rick, thank you. 

Yes, you are being 100% realistic. I have accepted that there will be no cashflow on my first purchase. My goal has shifted and I'm looking for a prime location that will build equity and allow me to charge top dollar for my renovated units. I'd like to pay the minimum every month.

I just finished reading Craig Curelop's book, amazing what he has done in the last couple years. His method is not for me as I will be house hacking with my fiancé, and we look forward to our privacy. I love that he added these case studies because there are so many different scenarios to house hack and they're all inspiring. 

Thanks @Nicholas L.

Right, thank you. I'll also be adding value to the property to maximize rent. I have no idea how much it would cost to pull carpet out, install flooring or any remodeling. I heard it's a good start to look at how much the cost of materials are and call local workers on how much they charge for labor. I see you're a flipper, how do you estimate these costs?

Hello fellow real estate investors,

Our journey began with the desire to secure property for my fiancé and me, marking the next steps in our future. As low-income owners with a keen entrepreneurial spirit, we balance W2 jobs with side hustles, such as selling custom t-shirts or baked goods. Discovering the concept of house hacking ignited a passion within me, prompting deep dives into podcasts and books on the subject.

Currently in the NACA process since June 2023, I anticipate viewing properties by March. My focus lies on purchasing a multifamily unit in Los Angeles County. Despite diligently analyzing Zillow and MLS properties, viable options seem limited. While aiming for profitability and cash flow may seem ambitious to some, it remains my primary objective.

I welcome any tips, opinions, and insights from experienced investors.

Warm regards, Angela Arriaga.