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All Forum Posts by: Aron Vesper

Aron Vesper has started 3 posts and replied 7 times.

Post: Water Main Replacement

Aron VesperPosted
  • Bellingham, WA
  • Posts 10
  • Votes 3

Does any one have experience replacing a water main in Bellingham, WA or nearby? If so, can you give any recommendations as who to use to do this?

Post: How to find my first deal???

Aron VesperPosted
  • Bellingham, WA
  • Posts 10
  • Votes 3

Hey Clayton,

I am in the same situation as you. I thinking finding something with good returns in Bellingham is tough. It seems as though most people are relying on appreciation. It's probably worth considering other markets (Blaine, Ferndale, Mount Vernon).

I'm not sure, I just called the Planning and Community Development department and got transferred to someone.

I think I'm going to stay away from this kind of property.  Too much risk for my first investment. I just spoke with someone at the City of Bellingham about this. He said this will start being enforced more now that there will be property inspections.

Hey Bellingham Investors,

Has anyone ran into the Bellingham Municipal Code 20.08.020.F that states a lawful situation for residence zoned as a single-family as "One or more persons related by blood, marriage, or adoption, or not more than 3 unrelated persons, living together within a single dwelling unit."? It looks like this is going to start being enforced this year.

I am looking at making my first real estate investment purchase this year. I was looking at a 5+ bedroom SFR near WWU and renting it out to students. However, I stumbled upon the municipal code above. Is there an exception to this code or will 5+ bedroom SFRs in Bellingham significantly lose their value when this is enforced?

Post: Rental ROI Bellingham, WA vs Surrounding Areas

Aron VesperPosted
  • Bellingham, WA
  • Posts 10
  • Votes 3

Yes, a 2-4 unit property.

Post: Rental ROI Bellingham, WA vs Surrounding Areas

Aron VesperPosted
  • Bellingham, WA
  • Posts 10
  • Votes 3

Hey All,

I'm looking at getting into purchasing my first multi-family residence in Bellingham, WA. I'm curious to hear what everyone's thoughts are on the Bellingham market?  I've been running the numbers, and to me it seems to make more financial sense to purchase a multi-family property in the Mount Vernon or Oak Harbor area.  Looking at the multi-family properties available, I feel like the Bellingham market is overpriced at the moment. Agree/Disagree?