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All Forum Posts by: Fred Shank

Fred Shank has started 3 posts and replied 14 times.

Post: Seattle Real Estate Mastermind

Fred ShankPosted
  • Investor
  • Seattle, WA
  • Posts 15
  • Votes 8

I would be interested. 

I'm flexible on days of the week, but Tuesdays and Thursdays seem to work best with folks' calendars.  

Location should be downtown, IMO, as it's easy from the eastside, as well as West Seattle, and the northern and southern suburbs. Plus most of the restaurants clear out after work, so they could accommodate a gathering -- or do something at the WAC or Columbia Tower Club.

Post: Changing up my team: Looking for CPA recommendations

Fred ShankPosted
  • Investor
  • Seattle, WA
  • Posts 15
  • Votes 8

Hi.  I'm changing up my team (relo from East Coast) and looking for a new CPA.  

My basic criteria include someone who specializes in real estate (both commercial and residential) invests in real estate them self, and is comfortable working across multiple states.  

Does anyone have any referrals that they can share?

Post: Seattle-based Investor Asks: Am I still a newbie?

Fred ShankPosted
  • Investor
  • Seattle, WA
  • Posts 15
  • Votes 8

Thanks for the welcome, @Ozzy Sirimsi, @Thomas S. @Michael S. and @Dave Visaya.  Experienced newbie, green investor...  all sounds good to me.  I'll continue to learn.  

Post: Seattle-based Investor Asks: Am I still a newbie?

Fred ShankPosted
  • Investor
  • Seattle, WA
  • Posts 15
  • Votes 8

Hi! So when is a newbie not a newbie? ...asking for a friend of course.  

Owning a few SFHs and moving on to a multi-family deal this year, as well as overseeing the real estate properties that are jointly owned by family members, seems beyond the title of 'newbie,' right? 

Well, anyway... all this kinda just happened, which is great.  (How it happened will be another post)

But now as I go forward, I'm looking at things differently than when I started two years ago. Really the only thing "new" about me is that I haven't posted to BP yet --- and that I wouldn't classify myself as a sophisticated real estate investor. All I have are these four rules, which guide my transactions:

  • Invest in growing markets
  • Diversify in types of properties, geographies, and partners  
  • Make the numbers work
  • No environmental concerns

SFHs, multi-family, commercial, land? All good to be explored as potential deals...as long as the rules are followed.  

But to answer my own questions, I think of myself as an "experienced newbie." I like to talk things out, learn from others, and share what I know. Seems like BP Forums is a perfect place to make that happen.