All Forum Posts by: Augustine Maldonado

A house hack is pretty widely accepted as the best way to get started.

This means you buy a 2-4 unit, live in 1 of the units, and rent out the rest of the units. OR you buy a single family house, live in 1 bedroom, and rent out the rest of the bedrooms.

House hacking teaches you about picking a sub-market, negotiating a deal, getting financing, working with realtors. And it allows you to "get in the game" with pretty little money out of pocket.

 That's understandable. You still have to answer those questions. You can't fly around without market research and expect good results. It's always a good time to buy. You said it yourself... "time and money" , how much time are you willing to give up? Who can you connect with during those 2 weeks to get the information you need? It's never too early to start investing.  

Counter point; if you're constantly working or planning to move within the next 2-3 years buying a property isn't wise. I'd want to be grounded and local (for the most part) if you're serious about rentals. You have be available when issues come up. When you start out you'll do 90% of the lifting or you'll pay someone else $$$ to handle it.