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The Low-Risk Way to Get Started in Real Estate Investing

Image of a real estate investor in from on a For Rent signDoes the idea of real estate investing intrigue you, but the risk scares you? If so, you’re not alone. While many people say they’d love to get started in real estate investing, the stories of bad tenants and vacant properties deter them. The good news is that there is a simple way to get started in investment properties. It’s called “House Hacking,” and it’s very easy and low risk.

House Hacking is when you own a multi-unit residential property as your primary residence. You live in one of the units, and you rent out the others. The premise of House Hacking is that the rent your tenants pay covers all the housing expenses for the entire dwelling. This then enables you to divert your money to other real estate investment opportunities.

On a smaller scale, House Hacking can be when you have a small apartment over your garage that you rent out. While the rent from the apartment probably won’t cover your entire housing expense, it sure helps and gives you some great landlord experience.

The only real limitation to House Hacking is that the multi-unit property needs to be a duplex, triplex, or quadplex. Anything with five or more units is considering commercial property and you’d no longer quality for a residential mortgage. If you don’t want to buy a duplex or triplex, but if you have an apartment over your garage and a finished in-law’s apartment in your basement, you can still rent those two units out and explore House Hacking.

Is House Hacking for You?

Image of a high end duplexIf you’ve never been a landlord before, House Hacking can give you some excellent experience with lower risk than traditional landlording. Since you’re living on the premises (and often right next door), tenants tend to follow the rules and pay rent on time more often. Also, it’s easier for you to keep on top of maintenance, ensuring that small problems don’t spiral into big problems.

If the idea of real estate investing appeals to you, but the risks scare you, House Hacking may be a great way for you to get started.

Remember, you can find many great tips for investors, home buyers, and home sellers on our Facebook page. If you’re searching for the perfect investment property to buy, we can help! Contact us today!

 

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Welcome! We are glad you’re here. We developed this website to give you the most up-to-date Napa Valley real estate listings and the most reliable information for home buyers and sellers.

Not sure where to start? Check out our blog, vlog, and articles for information on buying and selling a home, design and staging tips, and real estate investor information.

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Welcome! We are glad you’re here. We developed this website to give you the most up-to-date Napa Valley real estate listings and the most reliable information for home buyers and sellers.

Not sure where to start? Check out our blog, vlog, and articles for information on buying and selling a home, design and staging tips, and real estate investor information.

Ready to buy? Be sure to browse our current listings.We are eager to show you your next Napa Valley home.

Relocating to the area? Read up on all the great communities that make up Napa Valley.

Is it time to sell your home? Why not have the #1 real estate team represent you?

We’re sure you have questions. And we are here to help. Contact us for information on anything real estate related.

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About Us

Leading the Pujals team are Jerry and Susan Pujals, who is ranked as the #1 Sales Team for California, Coldwell Banker Brokers of the Valley. Jerry, a Senior Broker, and Real Estate Advisor began his career in real estate with Coldwell Banker Brokers of the Valley in 1997. Susan, a seasoned Real Estate Sales Consultant joined the organization in 2008, which established the formation of The Pujals Team.

Having received national recognition for their performance and many local awards, Jerry and Susan are proud to be affiliated with Coldwell Banker Brokers of the Valley, Napa County’s real estate market leader for more than 20 years.[Read more]

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“Jerry and his associates are the best! Jerry cares for the individual taking in consideration what the person wants and cares for, making the best choices for you. I truly recommend them because they treat you as family and they make the process so easy for you. They are one of a kind!! We decided...” - Lucy Arreola Read More
“Jerry and Susan Pujals are adept at representing both sellers and buyers in this fast-paced Napa market. We’ve seen their work, both as sellers and buyers, and can affirm they shine in both arenas. The Pujals team just finished helping us through multiple real estate transactions: two homes prepared, listed and sold, and one home...” - Jane Callier Read More