How to Buy a Duplex and Rent Out Half

In this video, I discuss some tips to buy a duplex or triplex and live in one unit and rent out the others. This strategy is known as house hacking. [1:00] Overview of house hacking [2:29] #1Focus on the neighborhoods that have the supply of multi-families [4:26] #2 Check out tenant-occupied properties [5:30] #3 Look for homes that do not need major repairs [6:58] #4 Look for a property with separate utilities [7:50] #5Run the numbers on the investment over the long term [9:14] Tip to avoid lender surprises Download resources for new Philadelphia rental property investors: DOWNLOAD THE 2024 MULTIFAMILY PHILADELPHIA REPORT 🗺️Discover the Best Neighborhoods to Buy Small Multifamilies in Philadelphia metro https://dwoodsrealestate.com/multifamily_2022 DOWNLOAD THE ULTIMATE REAL ESTATE INVESTOR'S READINESS CHECKLIST 📓Ask yourself the right questions early to avoid making 5- or 6-Figure mistakes while building your rental property portfolio: https://vwoodsenterprises.lpages.co/21-questions-for-new-investors/ Get THE BUSY INVESTOR'S RENTAL PROPERTY PLAYBOOK 🗺️Go from “thinking about it” to buying rental properties: http://rentalportfolioempire.com Let's chat about buying, selling, or managing Philadelphia real estate: 👉Call us: (610) 872-7926 Email: veronica@dwoodsrealestate.com 📆 New Investor Discovery Call: https://calendly.com/veronica-dwre/discovery-call Must watch playlists: 🏘️Check out our investor playlist: https://rebrand.ly/newinvestors 💲Check out our seller playlist: https://rebrand.ly/Phillyhomeowners Get More tips: 📨If you want to get more real estate wisdom beyond the videos, sign up for my email list (sent 2x a month): https://dwoodsrealestate.com/subscribe I am proud to work with my dad, Daniel Woods, and continue the legacy of Daniel Woods Real Estate, where we have been advising clients in the Philadelphia area since 1987. I am a natural connector who loves matching buyers and sellers, foodies with restaurants, and those in need of professional/career introductions. My passion is to help more people use real estate to create wealth, build a legacy, and design the lifestyle of their dreams. LET’S STAY CONNECTED ACROSS SOCIAL MEDIA http://dwoodsrealestate.com/letsconnect 🤙If you want to talk to me about Philadelphia real estate feel free to email me at veronica@dwoodsrealestate.com or call (610) 872-7926. Veronica Woods Daniel Woods Real Estate PA License #RS330592 TITLE: How to Buy a Duplex and Rent Out Half TAGS: a Duplex and Rent Out Half,Buy a Duplex and Rent Out Half,Buy a Duplex and Rent,real estate investing,how to buy a duplex,buying a duplex,how to buy a duplex and rent out half,real estate investing for beginners,real estate investing 101,real estate,real estate crash,real estate agent,a duplex and rent out half,buy a duplex and rent out half,renting vs buying,rent vs buy,renting vs buying a home,rent vs buy home,real estate agent career,housing market