Intro: Newbie investor from Seattle, WA

[Willy Lew]

[WHEE I've been a long time lurker here until today!]

Hello BP,

My name is Willy Lew and I live in Seattle. I got my start in real estate back in 2012 when I bought my starter home and thought it was too good to be true to have roommates pay the mortgage. That home became part long-term rental and part Airbnb for the past few years. I was quite content with that rental until I came across BP. I got hooked on podcasts and RE audiobooks (the usual suspects), and I realized that instead of doing BRRRR I have only been BRSOMA -- Buy, Rent, Sit On My Arse. I now have a personal goal to expand my portfolio by a whopping 100% this year (which is more impressive than saying "one more rental", no?). :)

A little bit about me: I am a software engineer. I am married to my lovely wife who happens to be very supportive of REI, and we have a toddler who just learned how to say "clock" without the "l" today. I am a recovering addict from the frequent flyer miles and points game, but I am sure REI will keep me plenty busy!

My RE goal is to generate enough cashflow by buying-and-holding to reach financial independence. I am starting on SFRs, but commercial (especially single tenant NNN) will highly likely be in the picture down the road.

I am currently looking out of state because, well, Seattle. In fact, I am only looking at Pittsburgh at the moment and I am planning a trip out there in early/mid October to meet a few folks and build a team. If you're in the area and would like to talk shop, or if you have any referrals you trust there, please do reach out! :)

Cheers!

Willy

[James Dainard]

Hi @Willy Lew welcome to BP! Seems like you're off to a great start in parenting and real estate. Just wondering why you're giving up on Seattle? I know it's an expensive market, but I've built my business here, starting with nothing. I would really encourage for you to come to my Investor 101 Class, the next one is September 30th at 6pm at my office in Bellevue. I would love to chat with you in person about some of the options available to you in the Seattle market.