All Forum Posts by: Brandon Vukelich

Yes, Seattle (King Co) is tight.  There are still opportunities in the greater Tacoma area.  Are you fixed on SF only?  Depending on what you are looking to invest, you may be better off looking for 2-4 unit property.  If you're willing to share you investment goal/target, I may be able to provide a little further input.  

Yep, this has been apparent for months.  Even feeling it on the off-market deals.  This "hotness" would include MF as well.  Crazy.

Here is statewide code in WA. We would expect this to be updated if anything new was passed. I got to know this like the back of my hand when I owned my own PM firm in Seattle.  https://app.leg.wa.gov/RCW/default.aspx?cite=59.18

Also, Seattle specifically has their own Just Cause Ordinance.  

http://www.seattle.gov/sdci/codes/codes-we-enforce-(a-z)/just-cause-eviction-ordinance

Best of luck!

Hi Mohit, challenging but definitely possible.  I suppose it depends also on your specific criteria for "brilliant views." :)  You really shouldn't need to be 60-70 miles out.  Possibilities exist much closer.   Best wishes on your search!

 Will send you a PM. Not sure we're allowed to post domains.

Hi Sherelle, I work the S. King and N. Pierce markets.  I'm happy to connect with you in the near future to chat real estate options.  I can walk you through analyzing MF properties.  If you don't connect with a lender here, send me a PM and I can send you a handful of referrals.  Cheers!

Hey CJ, very cool that yours planning to visit. Next time try to shoot for summer when you really can enjoy what the PNW has to offer. 

Yes, for that price you will have to be outside the greater Seattle area. You'll be able to find a duplex, South Pierce County, maybe Tacoma. I'm currently hunting for off market deals for clients under $500k and over $5mil. Happy to help you in your search. I can offer you our MLS Homespotter app to search.

Unfortunately, Seattle (and Tacoma is starting to follow) is extremely tenant- friendly. That involves a much longer conversation. I'm happy to point you to general WA Landlord-Tenant law info if you'd like to review at your convenience.

Best wishes on your investment goals!

Send me a PM and I'll send you a list we keep in a spreadsheet. You could also Google "hard money Tacoma Seattle."

Depends on many factors on you personally.  How long have you been an agent, what are your goals, what are your support needs?  I had my own firm for 4 years.  I was also at KW (Keller Williams) for a year and loved it but now I've been at eXp for over a year and it's pretty great, based on my needs/goals.  You can't go wrong with either KW or eXp.  I just prefer to have the stock rewards and revenue share option which made me move to eXp vs. staying at KW.

@Ryan Rupe some good feedback from the group here. I suppose it depends on what your metric is for "healthy" cashflow. Yes, greater Seattle is super tight. S. King, Tacoma and Pierce Co will have more options. As James mentioned, also depends on whether you plan to owner occupy. $35k will get you into a duplex or maybe triplex with owner occupy financing. I'm happy to send you a link to our local MLS app if you'd like to watch inventory and search at your convenience. I have MF experience in the Seattle-Tacoma market. Happy to help you analyze deals if you need it. Keep in mind there is more to reviewing properties than just the financials. Best wishes on your plan!