New Member in Woodland, WA

[Kirk Koskiniemi]

Hello All-

I'm a new member who lives in Woodland and works in the Vancouver, WA area. For my day job, I am the General Manager for a construction company with around 20 employees, so I do have 10 years or so of construction experience.

I currently have one rental (a result of me being upside down on my first house, purchased in 2007) which cash flows about -$300/mo, and manage another rental property for a family member in the same situation. I own another home I bought last April, and plan to rent this one out for cash flow (although I don't think it'll meet even the 1% rule).

Honestly, I signed up for this site just to get the "Ultimate Guide...", and have since started listening to podcasts, reading, etc... It's interesting to learn about what I have done wrong the last few years :).

Now that I have paid dearly for some experience (Eviction, bad tenants, etc) I thought it would be wise to soak up some good info before trying to put together my next deal. I'm thinking I like the long term benefits of buy and hold renting, but realize I need to get my purchase price down there somehow....

I have bought my last two houses with owner-occupied conventional financing, and am interested to learn about other options (besides cash).

I'm glad to be part of the massive information exchange on here.

Thanks!

Kirk