All Forum Posts by: Ty Martin

Hi BP family!

-I settled on my first property back in March, below are the details:

-FHA loan, 3.5% down

-Condo in Cherry Hill, NJ (south jersey) - 2 bedrooms, 2 bathrooms + loft. I am living upstairs in the loft, both bedrooms are rented to longtime friends who have been extremely reliable, tidy, and all-in-all great roommates.

-With my current situation, the numbers are working really well! (Mortgage+HOA fee + Utilities) - (Rent) = ~$250~ a month out of my pocket to live with my good friends. Not bad if you ask me!

My question for you all, BP family, is what would you suggest for property #2? I'm going to leave this wide open and not mention any of my current plans, that way I can really feel the pulse of the community. Thanks everyone!

Hi BP family!

-I settled on my first property back in March, below are the details:

-FHA loan, 3.5% down

-Condo in Cherry Hill, NJ (south jersey) - 2 bedrooms, 2 bathrooms + loft. I am living upstairs in the loft, both bedrooms are rented to longtime friends who have been extremely reliable, tidy, and all-in-all great roommates.

-With my current situation, the numbers are working really well! (Mortgage+HOA fee + Utilities) - (Rent) = ~$250~ a month out of my pocket to live with my good friends. Not bad if you ask me!

My question for you all, BP family, is what would you suggest for property #2? I'm going to leave this wide open and not mention any of my current plans, that way I can really feel the pulse of the community. Thanks everyone!

Hi BP family!

-I settled on my first property back in March, below are the details:

-FHA loan, 3.5% down

-Condo in Cherry Hill, NJ (south jersey) - 2 bedrooms, 2 bathrooms + loft. I am living upstairs in the loft, both bedrooms are rented to longtime friends who have been extremely reliable, tidy, and all-in-all great roommates.

-With my current situation, the numbers are working really well! (Mortgage+HOA fee + Utilities) - (Rent) = ~$250~ a month out of my pocket to live with my good friends. Not bad if you ask me!

My question for you all, BP family, is what would you suggest for property #2? I'm going to leave this wide open and not mention any of my current plans, that way I can really feel the pulse of the community. Thanks everyone!

Congratulations ! Well researched and negotiated.

Biggest DO I can offer is DO reach out to everyone and anyone when it comes to prospecting for house-hack tenants. Don't rule anyone out and review every prospect thoroughly

Congratulations @Sebastian Kressley !  Well researched and negotiated.

Biggest DO I can offer is DO reach out to everyone and anyone when it comes to prospecting for house-hack tenants.  Don't rule anyone out and review every prospect thoroughly

@William KJ Kulik , @Chris Summers , @Andrew Beauchemin , @Zaire Divine Brooks , @Account Closed ^^ Thank you all for the inspiration and help so far.

Hi BP family!

I just wanted to say thank you to everyone who has helped me along the way for me to finally close on my first property, as well as anyone who has written inspiring discussions / blogs. BP is an extremely special place and I am lucky to have you all.

I will be house-hacking a condo in Cherry Hill, NJ (south jersey) - 2 bedrooms, 2 bathrooms + loft. I'll be living up in the loft while renting out both bedrooms (one is already rented!)

I look forward to sharing my journey with everyone and asking many (!!!) more questions along the way.

Cheers!

Hi BP family!

I just wanted to say thank you to everyone who has helped me along the way for me to finally close on my first property, as well as anyone who has written inspiring discussions / blogs.  BP is an extremely special place and I am lucky to have you all.

I will be house-hacking a condo in Cherry Hill, NJ (south jersey) - 2 bedrooms, 2 bathrooms + loft.  I'll be living up in the loft while renting out both bedrooms (one is already rented!)  

I look forward to sharing my journey with everyone and asking many (!!!) more questions along the way.

Cheers!

Thank you so much @Lauren C. ! I've seen your progress with the duplex and it looks like you guys are doing an awesome job!  Talk to you soon

@Justin Eaton didn't want to leave you hanging but it seems that I might not be able to meet.  I'll let you know if anything changes - please tag me in any future meetups