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Updated over 8 years ago on . Most recent reply

Young Seattle real estate agent, getting ready to invest.
I am a Real Estate agent in the Great Seattle area with an entrepreneurial spirit. One of my main objectives getting into Real Estate was to learn the ropes, so I could start making purchases of my own. I quickly realized this mentality of looking for investment potential for yourself as well as clients is not as common among other brokers as I would have expected.
I have some goals around owning vacation rentals in the greater seattle area, long term (retreat center sort of idea) but am focused on trying to get my feet wet first. I have not purchased anything myself, but had a good first year in Real Estate, giving me some cash savings and making the picture of owning something fairly soon more of a reality.
Excited to get started, even in a crazy market such as Seattle right now. Very interested in less desirable areas outside the city with less competition. Would love to hear from anyone on the best places to start?
Cheers,
Alex
Most Popular Reply
@Alex Herbig I am a licensed agent in Seattle but planted my investment roots solely in the multifamilies sector in Everett. I took the path of purchasing investment properties through an agent first but after buying three places (8 total units) and seeing a huge need for competent investor friendly agents I became one myself. The returns have been great and I have helped numerous other investors grow their porfio as well. I just signed the papers for a seven unit property yesterday which will put my portfolio at 35 units, all within a one mile radius in Everett. I would highly recommend taking a look at the multifamilies market in Everett, great mix of cash flow and appreciation