The Cheapest And Best Way To Get Into Real Estate Investing ????

When you buy a duplex as a house hack, you can live in one unit and rent out the other unit…

This allows you to have a source of rental income to help cover your mortgage payments and other expenses. It also gives you the opportunity to be physically present on the property and manage the tenants more effectively.

In addition, buying a duplex as a house hack allows you to start small and gain experience in managing a rental property before moving on to larger multi-family properties.

This can help you develop the skills and knowledge necessary to successfully manage larger properties in the future.

However, if you are buying a larger multi-family property as a pure investment, it is important to have a solid management plan in place.

This may involve hiring a property management company or having a dedicated property manager to handle day-to-day operations and tenant management.

It is also important to thoroughly vet potential tenants and have strict screening criteria in place to minimize potential issues.

DISCLAIMER: please note that the information contained in this video is for educational and entertainment purposes only. You should always consult your own attorney and your own financial and tax advisors before making any legal or financial decisions. This video is not intended to and does not create any attorney-client relationship between the content creator and the viewer. The views and opinions expressed in this video belong solely to the creator and do not reflect those of his law firm or any of his business partners.

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