All Forum Posts by: Jordan Castro

@Jordan Castro - welcome to the community! It sounds like you're in a great spot with the job flexibility. Regardless of where you decide to get that first deal, house hacking is ideal for getting started.

What are some hobbies you have or places you always wanted to visit? Your return on investment (ROI) will differ depending on the market you choose. In expensive markets like Denver, your ROI the first few years will likely be lower than less expensive markets that you can find in the mid-west. Other factors to consider though are the overall quality of life in the market you will be living in for at least a year along with differences in appreciation, property taxes, landlord laws, etc. within that market.

You have lots of options! Let me know if you are curious about the market here in Colorado and the reasons why people decide to make it home :)

I would love to live in Denver at one point! Unfortunately like you said as a first house hack ,due to the market being so high, for me wouldn’t be very ideal just for factoring in a lot. I do frequent visits there so again that is a future location and will definitely keep you in mind when I eventually do scout for property.

Thank you!

0 Votes

Quote from @Karl McGarvey:

Quote from @Jordan Castro:

So I’m looking to house hack for my first home! Luckily I can pretty much live anywhere and my job will pay for travel. I do currently reside and rent in Houston, I don’t mind staying there but was curious on some input on if I should stay or if y’all have good suggestions on other areas. Thank you!

A lot of great places to house hack in Houston, I have represented a few clients on their first homes which they will house hack. If you are living and working in Houston I would capitalize on the stability to keep the lender happy and spend the 12 months you would be satisfying the occupancy period, spend the time researching where you want to go after!

Yea that is true, again I do love the Houston area so I’d probably just stay out there and let that be my first area to house hack. I do have a question, so because I travel for work will I not be technically able to rent out my room or area on Airbnb while gone for work? (My contracts can be anywhere for couple months to 8 months)

Thank you!

0 Votes

Quote from @JooYung Choi:

Are you a big city or a suburb guy? House Hacking is a great way to test the real estate waters in a new location. Why not try a year in a new city every year?

Honestly I enjoy it all! I’ve lived in all areas so I’m very open and can acclimate easily so I do like this idea! Thank you

1 Vote

All Forum Posts by: Jordan Castro

Jordan Castro has started 1 posts and replied 4 times.

Post: Moving, where should I go?

Post: Moving, where should I go?

Post: Moving, where should I go?

Post: Moving, where should I go?