Why House Hacking Is Becoming More Popular By Alex Capozzolo House hacking is a real estate investing strategy that has become extremely popular over the past decade. First-time and repeat homebuyers are getting creative when buying real estate through various forms of house hacking. This strategy can be successfully pulled off in a single-family home with multiple rooms or a multi-family building. The goal is to rent out the other available rooms (or units) and use that rental income to offset your housing costs. Even if house hackers don’t entirely break even and cover their full monthly mortgage payment, it…
Author: Alex Capozzolo
Benefits of Investing in Multi-family Real Estate By Alex Capozzolo As a real estate investor, you would want to invest in as many types of properties as you can. Most people who start out go for the single family homes first to invest in because they don’t have to worry about as much upkeep and they can purchase it directly from the owner. Many investors will say that there are some disadvantages of investing in a multi-family home but there are some perks that you can benefit from as a real estate investor. Below are a few reasons why investing…
4 Benefits of Buying a House Using Traditional Financing By Alex Capozzolo When you’re purchasing a home, whether it’s your first or your third, you’ll likely have to consider various financing options. It doesn’t matter what stage of life you’re in. Very few people can afford to pay for a home in cash. That’s why having the opportunity to finance a home is vital to the real estate industry. It ensures that hard working Americans are able to own their homes, even if it means temporarily taking on debt to achieve that. Securing a loan is no simple task. You’ll…
The Pros and Cons of Out of State Investing by Alex Capozzolo In the age of technology, investing in real estate from a distance has become easier than ever before. Fortunately, most Americans also have access to smartphones and wifi, which enables them to do business on the go and from afar. Although there are new technology-based tools to make out-of-state real estate investing easier, it does come with pros and cons. Today, we dive into the benefits of out-of-state investing, along with the disadvantages that investors need to work through. Currently, I live in Santa Cruz, CA and invest…