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Updated almost 4 years ago on . Most recent reply

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Rebecca Block
  • Seattle, WA
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Insight on REI in WA for beginners

Rebecca Block
  • Seattle, WA
Posted

Hello,

I am new to the world of Real Estate here in WA state. I'm looking to explore new avenues to become successful in Real Estate Investing and figured I would come here to the BP Members for some better insight for the area. I'm curious to know what other have found success in. Most curious about BRRRR (or other buy & hold), flipping and wholesaling.

If there is any insight you would give to someone just getting their foot in the door that would help immensely! I’m open to all options and recommendations and just looking for a way to grow in my career path.

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Kyle Wells
  • Realtor
  • Lake Stevens, WA
91
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122
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Kyle Wells
  • Realtor
  • Lake Stevens, WA
Replied

I have had some success with BRRRR. I still haven't mastered it to the point of getting 100% of my cash out, but I've gotten to the point where I can get to about 80% of ARV, which is fantastic. I invest in Kansas City and Seattle areas and both have their stengths and drawbacks.

I think it's a very powerful strategy. Do you have an area you plan to invest in? I mostly invest in north Snohomish County. I have an off market single family house available in south Marysville right now. 

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