All Forum Posts by: Ben Backman

Hello Biggerpockets! I recently acquired a 3plex in pierce county, WA and finally got my foot in the door to my real estate investing career. It has been about 3 months into the deal and so far so good, the property came with great tenants which has made a world of difference. Anyways the reason why I am posting is because I am seeking tax help/ consulting so that I can set myself up for future deals, limited tax liabilities, etc. So I am asking you, Biggerpockets if you have any local recommendations for a CPA/ tax expert that specializes in small time real estate investors and also have an understanding of crypto currency trading as well. Would it be best to go with someone local, or does that not really matter? I prefer talking to someone face to face. 

yes please and thank you @Quito Keutla

Good afternoon Biggerpockets,

My goal is to purchase a 2-4 unit property in the king/pierce county area in 2019 (particularly interested in hilltop neighborhood in Tacoma, WA). I was thinking about taking the FHA, house hacking approach. I am not quite ready to buy due to lack of funds, but at this rate i strongly believe I will have about 20k by July, 2019.

I would like to prepare by finding a good FHA lender in king county that will work hard on get me approved for a FHA mortgage. My one concern is that I just started a new job working for City of Seattle as a lineman ($34/hr) and i do not fulfill the 2yr solid employment requirement. My employment previous to this job ranges from seasonal fishing jobs in AK, temporary jobs due to a broken leg, and some other construction electrical work. Also in the last two years I was going to school for engineering, but forced to drop out. My monthly expenses are very low and have a FICO of 750.

So my question is what lenders in king/pierce county, WA have you had good experiences with when it comes to FHA multifamily deals. Also please feel free to drop any tips/ advice for a new investor looking to take this path.

Hello I am interested in master lease agreements with commercial multifamily, I want to learn more about them preferably in a recommended book. Any suggestions? 

Hello Biggerpockets!

So I have been doing quite a bit of researching on market cycles, more specifically emerging markets. And my question is: What website/resource can i use to find relocation of large companies. For example, A new factory, a new company headquarters, etc... How can I obtain information like this?

I have just read David Lindahl's "Multi-family Millions" and "Emerging Real Estate Markets." I enjoyed these reads and I have learned a lot from them. I am interested in similar titles, books that are almost like manuals and a very applicable when it comes to multi-family investing. Whats your suggestions?

^my post was specific to 4 plexes, but my question is more directed to all multi family homes

Thanks for everyone's insight on my previous first post regarding 4plexs. Anyways my next question is what is your opinion on a single family home 4plex conversion vs a normal 4 plex. Is the individual metered units a must when renting out? What are some consideration to take into account when comparing these types of properties?

Thanks for that response, definitely going to look deeper into the key points you mentioned.

So I'm about to graduate UofU in mining engineering in roughly a year. Upon graduation and saving up, I think it would be smart to invest in a fourplex, living in one of the units. I don't have much of a credit score, not bad just not good (I'm 22). Would this be a good path into the world of REI? What are somethings I can do now to help make it so can get approved in the future? How does student loan debt effect buying a multi family home? Any advice? I'm all ears, or eyes...