All Forum Posts by: Anjoli Elizabeth Rowe

What program is this? I only see the land hacker program that is 2500 for just content or unknown for the higher level programs (you only get this info after a call). Was the structure different when you joined, was it a different program, or is that how they run the upper two levels of this program? Thanks for the info!

@Kaleb Madsen

Thank you so much for the real numbers! That sounds like fantastic growth! I've heard Bremerton can be a bit, umm, sketchy. Are there areas in Bremerton you think are ideal for rentals? Safe, happy areas?

@Sherief Elbassuoni

Thank you - love the visual! I saw your response on another thread with a similar question, too. I'm all for forced appreciation, so that's fine with me. As long as I can make the numbers make sense, even if I have to MAKE the numbers make sense, it works. 😂

@Chen Tong

I've been looking outside of Seattle in the Bremerton area (my husband and I are moving there with the military) and have been really disappointed with my finds. Deals certainly seem hard to come by...I'm not surprised you aren't seeing anything good in Seattle. It's probably worse than these neighboring areas.

Thank you, everyone, for your responses! I'm wondering if anyone can speak to appreciation in the area? How it's been the past few years and where you all are expecting it to go in the next few years?

@Megan Shay

Thank you for your reply! I appreciate your insight on the market there. We honestly haven't expanded our search that far north yet as we were kind of waiting to hear how far outside of Bremerton we should go and in what direction...I will start scoping out that area as well.

Do personnel who end up buying in that 400k+ range end up being able to get good returns on these homes when they are turned into rentals? Is it easy to keep these homes rented out?

@Dannison Arias

You're welcome! This was our first refinance, so I can't speak to every experience and lender. Will look forward to others' responses as well!

@Sherief Elbassuoni

Thank you!

Yes, we are definitely open to house hacking and looking at ADUs, finishing basements, etc. I read that Bremerton loosened their guidelines on ADUs in the past couple years which may be helpful if we need/choose to add one to our property. Does that sound familiar to you? 

We have even thought about just looking for land and putting a few tiny homes on it for a mix of short- and long-term rentals, but trying to figure out the feasibility of this thought also feels impossible from a distance. And we have no experience with tiny homes personally, but we thought they would be fun to try if we find the right area for them. 

@Dannison Arias

It's just like getting a mortgage, so you'll most likely need those things, yes. If this property is not in an LLC and just in you personally, you'll provide work history and pay stubs, information about your current mortgage loan if there is one, data on how the rental is doing (lease, vacancy rate, monthly rent), etc. We just did a refinance and needed almost everything we needed for the original loan.

My husband and I temporarily relocating to Bremerton, WA (PCSing with the Navy, will be there 14-16 months) toward the end of 2021. I am trying to learn about the market there and get a jump on finding a good deal or two as early as possible.

We will need a new primary residence, which we would like to be a good enough deal that we can turn it into a long-term rental when we leave.

We would also like to find an investment opportunity for while living there, whether it's a separate property or on the same property. Obviously, a MF property would be ideal since we won't be there long-term and don't have a lot of stuff needs for our primary residence.

Note: My schedule is flexible and I can spend time out there working on a property long before our official relocation.

We are open to all possibilities, though BRRRRing looks like maybe the best bet. We've even looked into the modular (not manufactured homes, just modular) builds though.

Looking for all insights! Recommended online resources for investigating what areas are good/bad out there? Real estate agents who are fantastic with investors? Information on property appreciation over the past few years and expected appreciation over the next several years? Ideas on best approaches in our search with rental market in mind?

Thank you!!