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All Forum Posts by: David Pierce

David Pierce has started 18 posts and replied 63 times.

Post: Newbie in Los Angeles investing in Texas

David PiercePosted
  • Tacoma, Washington
  • Posts 68
  • Votes 16
I'm in the military and also looking at Texas to start some out of state investing.....anyone in the area who wants to connect or collaborate, send me a connect and we can chat!

Post: Southern Washington state investing

David PiercePosted
  • Tacoma, Washington
  • Posts 68
  • Votes 16

@Jay Hinrichs give me the details please......

My wife had talked to me about Longview as a possibility- thanks all for the ideas 

Post: Funding needed for excellent multi unit property

David PiercePosted
  • Tacoma, Washington
  • Posts 68
  • Votes 16
Hey there, Please send the details Thanks, Dave

Post: Investors wanted in Portland, OR and Vancouver, WA

David PiercePosted
  • Tacoma, Washington
  • Posts 68
  • Votes 16
Would love to talk, we are fairly new investors and probably don't have the massive capital you need, but I spent most of my life in Vancouver....so let me know

Post: Military Investing Strategy

David PiercePosted
  • Tacoma, Washington
  • Posts 68
  • Votes 16
Hello all, My name is Dave and I am in the Army (have been for the last 13 years). My wife and I recently have become very interested in Real Estate investing, but aren't quite sure the best strategy to use. We recently got into a really sweet deal with my brother on a Triplex up in Wasilla, AK. But right now we are looking for areas to invest that aren't so expensive!! We are both from the Portland/Vancouver/Camas/Washougal areas but are open to other markets if we had the right contacts. Right now we plan to use a VA loan on our next home (likely duplex) and then take the cash we have to buy another investment..... Any advice from others would be great? Almost everyone always talks about investing where they live, but in the military I am almost never anywhere more than a few years (spent the last 10 years overseas).... Any advice would be great! Thanks. Seattle/Tacoma/Yelm/Graham/Puyallup

Post: Southern Washington state investing

David PiercePosted
  • Tacoma, Washington
  • Posts 68
  • Votes 16
From Vancouver WA area but now am in military Looking to buy a rental but prices are so high everywhere any suggestions would be appreciated. Portland camas washougal

Post: Taxes

David PiercePosted
  • Tacoma, Washington
  • Posts 68
  • Votes 16
Originally posted by @Nicole A.:

We pay $800 or so for LLC taxes, my personal, and my partner's personal taxes to be done. The guy I use is a great CPA that knows his stuff also about RE transactions and tax implications. Been using him for 3 years now. PM me if you'd like his info.

Would love his info if he is trustworthy and good at RE tax issues!  Please pm to me (it wouldn't let me pm you?)

Post: Fourplex in/around Jblm/Tacoma/Puyallup/spanaway/graham/yelm

David PiercePosted
  • Tacoma, Washington
  • Posts 68
  • Votes 16

I'm in the military and will be moving to Jblm area in the next 12 months or so. I would like to maximize my VA loan and use it towards the purchase of a fourplex within 30min drive of the base....any advise would be great on this type of investment and the area and who I should talk to....... I have a family but would do fine in a 2bd 1 bath but it has to be in a safe area......also curious why there is no multifamily units out in graham/Yelm? I would prefer a fourplex on land if possible

Thanks all!

Post: Taxes

David PiercePosted
  • Tacoma, Washington
  • Posts 68
  • Votes 16

my brother and I recently closed on a triplex through 1031 funding from another investment.....how hard would the taxes be to do?  We met with Perkins in Portland and got quoted 2500 bucks just for the business side of this?  Is it really that hard?  My brother and I default as a general parternship given our 50/50 business split 

Post: VA Loan and Primary Residence Requirement

David PiercePosted
  • Tacoma, Washington
  • Posts 68
  • Votes 16

Hey all, 

I'm stationed in Germany and am sending mywife nback to Washington state due to some medical issues with my daughter.....we would like to buy a multifamily home with VA for her when she arrives and then move into (buy) a SFH when I join 9 months later.....we plan to tell va the home is too small and use the remainder of benefit to move into SFH. ....the reality is its the truth. .....four people in 750 sq ft doesn't work. ....it does for my wife and two small children. ....anyone have any insight?