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All Forum Posts by: Martin Krimmel

Martin Krimmel has started 6 posts and replied 16 times.

Post: Best market for 2-4 units with good cashflow

Martin KrimmelPosted
  • Investor
  • Seattle, WA
  • Posts 20
  • Votes 18

@Rebecca Knox sounds great! I'll look into Brew City REI. Appreciate the info!

Post: Best market for 2-4 units with good cashflow

Martin KrimmelPosted
  • Investor
  • Seattle, WA
  • Posts 20
  • Votes 18

@Jack Medford thank you for sharing! I'll PM you for some details to see if that could be a good fit.

Post: Best market for 2-4 units with good cashflow

Martin KrimmelPosted
  • Investor
  • Seattle, WA
  • Posts 20
  • Votes 18

@Justin Franklin sounds good and thanks for sharing your experience! Will be interesting to hear some different views and perspectives about what's currently out there.

Post: Best market for 2-4 units with good cashflow

Martin KrimmelPosted
  • Investor
  • Seattle, WA
  • Posts 20
  • Votes 18

Hi all,

I was wondering where other members are investing that are primarily looking for 2-4 unit properties with good cash flow. I'm focusing on long term rentals and ideally properties that meet or come close to the 1% rule. The price range I'm looking at is between 100-180k. I'm already investing out of state and would be happy to connect with some property managers and agents from areas where the above criteria apply.

Thank you everyone!

Marty

Post: Partnerships/Next steps after first investment

Martin KrimmelPosted
  • Investor
  • Seattle, WA
  • Posts 20
  • Votes 18

Hi,

I recently purchased my first investment property. I am now debating what the best next steps would be and would love to here from those that are further down their investing career. My goal is to continue buying buy and hold properties and potentially use the BRRR ,method.

One of the main regrets I have heard from others is not scaling fast enough in the beginning. I still have enough cash reserves currently to do a few more deals on my own but was wondering if others have used partnerships and can share their experiences, both pros and cons.


Any input is appreciated.

Thanks!

Marty

Hi,

I've recently joined the BP Community, reading real estate investment books, listening to podcasts ect. I'm currently working with a real estate agent to find buy and hold properties. I have some cash available to purchase my first investment property but due to the high prices in Seattle I am looking more south, Kent, Auburn, Federal Way, Burien area.

Since the market here is very competitive and a lot of homes carry high price tags, I would love to hear if others have been successful in purchasing potential buy and hold properties for 200k or less. We've currently been mostly looking at properties on the MLS and I've started to analyze them using the BP calculators but deals are tough to come by.

If there is an experienced investor on here I would be happy to buy you lunch and pick your brain a bit.

Thanks and let me know if I can provide more info!

Marty