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All Forum Posts by: Donavan O'Donnell

Donavan O'Donnell has started 1 posts and replied 4 times.

Thank you. I appreciate all of the helpful information. I am curious what you guys thought about 4 units vs 2 or 3? Is there an advantage to less units? It would seem to me that cash flow is better at 4, but what are the disadvantages to a fourplex?
Yeah Snohomish County mostly, possibly Island/Skagit/maybe northern King County. A House Hack would be ideal to begin with but I’m looking to end up with good cash flow so I would hope to have several Multi-Families. I figured if I’m going to invest in a duplex/triplex, why not a Fourplex? Go as big as I can while staying out of the commercial loans.
Hi, I’m new to BiggerPockets. I’ve been listening to the podcast and I’m really interested in investing in Multi-family properties. I haven’t done any REI before, but I’m about to sell my home this summer (purchased in 2012) and should have a large chunk of cash to invest with. It’s hard to find a good Four-plex for less than $1 mil. I feel like it should be cheaper to buy a small piece of property and do new construction. Does anybody know of trustworthy contractor in the Snohomish County area? Or possibly Island County? My family and I are considering moving to Whidbey Island. The commute wouldn’t be so bad from my work(Boeing). Anything helps. Thanks.
Hi, I’m new to BiggerPockets. I’ve been listening to the podcast and I’m really interested in investing in Multi-family properties. I haven’t done any REI before, but I’m about to sell my home this summer (purchased in 2012) and should have a large chunk of cash to invest with. It’s hard to find a good Four-plex for sale that’s a good enough deal to be worth it. I’m curious if anyone knows the rough cost estimate of building a new construction Four-plex in Snohomish County? Or if I contact some contractors what is a good deal/bad deal? Or is it even worth it? Any info helps. Thanks.