All Forum Posts by: Jake DeAtley

We currently have about 2 dozen folks confirming or tentative on FB and Meetup.com! Hope to see more from BP out this weekend!

Join us for a super casual hang at the newest gastropub in Olympia! We will talk real estate, 2023 goals, etc! This will be our last event of the year, so be sure to come out and make some connections! If you haven't been able to join us for one of our weekday events, this is your chance to network and connect with fellow investors in our area!

Do you fancy yourself an interior designer?! Probably not! Instead, lets learn about some key fundamentals of design so that you can continue to attract the best tenants, sell that flip for top dollar, or driving down vacancy and maximize your short-term rental income! Join us as we hear from Lauren Rodriguez, Owner and Principal Designer for Sparrow Design Co. as we discuss principles of design, what NOT to do, what’s big now? And what’s coming! We will also discuss the HGTV-ification of America and how to make your properties stand out and stay ahead of the trends. As a commercial property owner herself, Lauren understands the numbers and understands that there is a balance in function, durability and aesthetics. Sparrow Design Co. is a proud member of Olympia Master Builders and offers a wide breadth of services from more cost effective al-a-carte options to full service. Join us October 25th for casual networking, fun and learning!

Part of being a good real estate investor is managing and reducing your expenses. In a world of big eye-catching numbers and flashy headlines, what really matters is your bottom line.

At the end of the day, saving a dollar is worth more than making a dollar, so this month we are going to talk about making your assets more energy efficient as well as discuss how and where you get your energy from.

Eric w/ Boulton Insulation (Family owned since 1948) will be joining us to discuss the ins-and-outs of insulation and other home efficiency improvements. We will also be joined by Danny and Jacob w/ Lumio Solar to discuss some of the many benefits of solar and other home efficiency improvements offered. Did you know Boulton Insulation can retrofit insulation into walls of older homes? Did you know that you can add solar to your home or investment for $0 out of pocket, take advantage of tax benefits, and save money on your utilities over the long term? Join us to discuss when it does and doesn’t make sense to make some of these big efficiency improvements as we enjoy casual networking, food and beverage at our awesome event space! See you then!

This month, we will be joined by Spencer Ingrim, Commercial Real Estate Broker with Kidder Mathews. Spencer has been involved in real estate his whole life, working with his father in the business until 2014 when he relocated and joined Kimco Realty Corporation, a publicly traded Real Estate Investment Trust (REIT) managing over $12 Billion in assets. Spencer most recently operated as Regional Property Manager for Kimco Realty where he managed 11 retail shopping centers totaling 2.8 million square feet in California. Spencer holds a real estate portfolio of his own, primarily partnering with his father in Lewis County multifamily and mixed-use buildings. Spencer continues to grow his portfolio in 2022 as he recently relocated back to the PNW to pursue his new career as a Commercial Broker.

Join us as we discuss how Commercial Real Estate Brokers differ from Residential Brokers? How hot is the commercial space compared to the residential market? Is it time to consider asset classes in the commercial space?! Come prepared, Tuesday the 23rd with your questions for a commercial broker with Spencer from Kidder Mathews!

**Check us out on Meetup.com or search "Olympia, WA Chapter-Multifamily and More", our private fb group** Usually have 25-45 like minded investor/aspiring investors at our meetings. 

Tags: Meetup, Networking, Lacey, Tumwater, Lewis, Thurston, Pierce, King, education, centralia, chehalis, grays harbor, kitsap, mason, I-5, puget sound, PNW

 Hi Nancy, In my opinion, you shouldnt have too many issues with low appraisals right now, as the market isnt hitting crazy new highs every month right now like it was. In reality your bigger risk is the refinance after the remodel, and not knowing where the rates will be at that time. I'd say you should just bake in a slightly higher interest rate when you run estimates :) 

Hi @Mary Rowe! I am a local investor and broker here in Olympia. I am based out of John L Scott - Olympia by the farmers market! I hold monthly investor meetings here as well. I'd be happy to chat with you about your options! 

Milissa’s real estate and exchange expertise has spanned 19+ years including 14 years as a managing broker in both Washington and Oregon closing over 1000 transactions during that time. Her focus is helping clients strategically build and maintain wealth through real estate. Her clients appreciate her accessibility, creativity and consultative approach. She is known for picking up the phone and getting the job done.

Join us May 24th @ 6PM as Milissa discusses what a tax differed exchange looks like, what to do when you can't get a replacement property, converting investment RE into a primary, as well as more advanced strategies such as DST's, REIT's, reverse 1031 exchanges, and more!

(First American Exchange is a division of First American Title and will assist in your exchange at no extra cost when using their title company!)

SEE YOU THEN!

*Located in Olympia, WA, Thurston County*

Tags- Tacoma, Tumwater, Olympia, Lacey, Lewis, Pierce, Mason, REI Meetup

Check out Cody Davis on BiggerPockets Episode 554

In February we discussed how to identify opportunities and contact potential property owners to source off market deals -- In March we discussed how to fund them and other creative financing solutions -- This month, we will have a discussion with Cody Davis, a young, 22-year-old real estate investor that has acquired nearly 100 rental units in the past 3 years, using primarily owner financing! Cody has gone from almost nothing to being worth $2.5 Million dollars in just a few short years, alongside his partner Christian Osgood. Now Cody and his partner are setting a lofty goal, to be worth a combined $10 Billion dollars by the time Cody reaches 40 years old. Join us to talk with Cody about how he got started, how his growth mindset has allowed him to achieve so much at such a young age, and how he and his business partner will achieve their financial goals. This is one you don’t want to miss!