All Forum Posts by: Daniel Alhadeff

I’m up to $280k at this point but I’m trying to do a duplex dadu. 

I’ve done lots of research on this and it’s super expensive to complete. MyKabin seems to be the most efficient way of doing this and cost effective way of doing this. Good luck! Let me know what you end up doing.

Thanks,

Daniel

I do.  Feel free to share your email address. Thanks. Daniel 

Good luck @Matt Smith!  I would recommend West Seattle.  When the bridge gets fixed next year, the allure will return to that amazing neighborhood.  Burien is also good and you should be able to find something in your price range. let me know if you need any help with managing your future rental / rentals. 

Thanks! 

Daniel Alhadeff

A6 Urban Properties, LLC

The City of Seattle certainly has their RRIO - Rental Registration Program.  Not sure about SnoCo.  For the rentals I manage, I need to stay on top of all of them and their pending expiration dates.  I am sure Everett has something similar.  Sorry I couldn't be of more help!

Daniel Alhadeff

That's really great Adrian.  Who was the builder of your DADU?  I am looking to doing something similar at my place in Seward Park.

Thanks!

Daniel

Jack, 

Sounds like you already took the equity out and paid yourself back as part of the cash out refi's. Since that cash is tax free, and your interest rates are probably next to nothing, I would buy more rentals in Florida with the cashout funds, and continue to rent the local properties for long term cash flows and future appreciation.  This gets you the best of both worlds!
Let me know if you want to discuss property management if you do indeed move to Florida.  Happy to help!

Thanks,

Daniel

A6urban.com

Brian, 100% correct.  I manage several ADUs and and dadu’s in Seattle currently and my owner clients look at this service as an insurance policy just to make sure that they’re in line with the latest rules and regulations. Thanks for mentioning that.

Also, you can find 5 caps in the city for 2-4 units (mostly in Duplexes).  In fact, I am looking at one now in the "FreeLard" area between Ballard and Fremont.  Just beware of the higher vacancy factors when investing in the 2 to 4 unit range.

Seattle condo pricing is dropping as people are moving away from the downtown core at an accelerated rate.  This will present a buying opportunity if one is willing to hold on for the long term as the market will eventually come back and the Seattle City Council eventually gets turned over.  When real leadership that is friendly to small business and public safety returns, we will see the downtown core also return to its once vibrant state.  Currently, the opposite is happening.

Thanks,
Daniel