New Member Introductions
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 18 years ago,
This is kinda fun
I Just ran across this forum yesterday and it's a hoot.
I live in Washington state where everything is highly regulated, fees are out of this world, the west side (King Co) gov is run by commies, land prices are touching the stratosphere, the taxes are already there and anyone in a rural area gives 65% of their land away to native growth protection if they want any kind of permit to do anything on their property including cutting blackberries, a permitted activity here. Short platting your property say from one to two lots takes 2 years and the county fees run between 26- 40k, that's thousands and that is just the county fees. I could go on for about 40 pages about this garbage and my blood is already starting to boil just thinking about it.
I have been a small time investor in various types of income producing real estate since the early 70's. I built a few houses a year for about 20 years and bought all the land I could afford in my spare time. Some I developed and built on, some I exchanged for commercial properties, a smart move. Must not have been drinking beer that month?
I have an industrial rental property, an office building, small trailer park 18 spaces on industrial zoned land, some residential properties that I am divesting myself from asap. I'm tired of that action. My partner and I own 5 acres of trophy industrial property that we are going to start developing this year.
I've been doing some light investing in Phoenix the last couple years with a fellow that buys Junkers and re-habs them. That market has gone south in the last few months as sales have slowed.
I don't see anyone else on this forum from the Northwest, strange?
That's about it and will be glad to spread what limited knowledge I have around........JB