All Forum Posts by: Eric Healy

@Jay Hinrichs yeah that’s the one I worked on, the Evolution.

@Jay Hinrichs interesting aviation and real estate question. Anyone ever invest in hangers? When I owned my plane the single biggest expense was the hanger rent. I was paying about $350/mo for about 200sqft in a shared hanger in Bend OR, and that was hard to find. You can do some math on a large hanger, this one had about 10 planes in it.

@Jay Hinrichs great talking with you. I like the SR20 and 22s. I would like my next plane to be an SR20 I think. I’m a former engineer from Lancair here in Bend, would like one of those someday as well.

@Jay Hinrichs that’s a Vans RV4, unfortunately I sold it. My goal is to have enough cash flowing real estate at to write off a plane payment!

@Bjorn Ahlblad great thanks, doesn’t this make it hard to find a cash flowing property that can pay both debt services?

@John Thedford yeah, I that is something I have thought about. Will banks now let you use HELOC as a down for an investment property? Wouldn't that be 100% financed then?

Hello BP!

I have a good problem. I have a SFH rented out in the Seattle area, about three miles from Amazon's HQ. It has gone up a lot in the last few years. It now has about 450K in equity. I have it rented and cash flowing a small amount. I know it's bad practice to have so much equity in one place and I should refi and buy more. The problem is I have a 3.7% fixed rate on it, so a refi would be much higher at this point probably eliminate the small cash flow. Any ideas or advice would be appreciated!

Best

Hello, I’m looking at the RGV area to buy a 4-plex. Im not very familiar with the area but it looks like there are some good cap rates available. It does look like property taxes are unusually high though. I’m curious to get others though on the area. Is it growing? How the rental pool? Thanks! Eric

Hello,

I'm renting my house in the Seattle area and looking for a property managment company. Does anyone have any recommendations? 

Thanks,

Eric

Are there any recommendations out there for investment property lenders for both residential and commertial?