All Forum Posts by: Matthew Riggs

@James Wise I really like his videos, it’s too bad to hear about the issues with his company. Have you heard from anyone that had a positive experience?

@Katie Miller building my first residential assisted living facility!

If I purchase a home with a VA loan, and then move out and rent out that house, and then RENT for my next house (vs purchasing another home) can I leave the property in HOMESTEAD status for taxes, or do I have to change that?

I HIGHLY recommend James with https://twincitiesleasing.com/, James has been in the business for years, has the best customer service I have experienced thus far with property managers, and most importantly he gets results and has made owning properties MUCH less stressful than before. 

@Victoria S. I feel like this will continue to go up in price for another 10-20 years!

@Sisee Adams - my wife is a CRNA so she just needs to find a medical center with anesthesia jobs. I am in the Army Reserves so will be working part time possibly in Hawaii or JBLM and will be starting a commercial finance business next year. I would like to be in an area in which business owners and entrepreneurs would benefit from my services - providing sources of capital for commercial RE development/refinancing, equipment leasing, SBA loans and various other commercial loans and services. I would want to be in an area where there is growth and where that type of business would do well because of the need for it. So yes I will be working from home to start and my wife will be working at a hospital. It seems like this area would be a good area for us since we are not seeking positions at large companies and I also want to be around more local businesses and business owners. What are your thoughts on that? 

Gig Harbor does not look “rough” it looks really nice - how about that area? 

Considering a move to Seattle and or surrounding suburbs. Initially was looking for a corporate job, so being close to Seattle was important. Now will be starting a business, so proximity to downtown Seattle isn’t as critical.

My wife is a CRNA so she needs to be close to a hospital (larger hospital preferred). We have a daughter who will be school age soon. My question is, should I consider the Tacoma area vs Seattle area for affordability? I will be starting a commercial finance company so will want to be able to “get my name out there” locally, and it’s probably best to be in an area with growing small/medium sized businesses and growing commercial real estate.

Ideally want to be able to boat, ski, hike, bike, all the outdoor stuff close by, but also want a town/city with the amenities as well - breweries, coffee shops, decent shopping, activities to do with the family and a safe and welcoming community.

Thoughts on best areas in/around Seattle and or Tacoma? Prefer not to spend more than $3k per month on rent, would love to buy a place, but budget would be probably $600k max for purchasing, which I know rules much of Seattle out.

I always here you have to be “licensed” to collect referral money, but then I watched a video on YouTube that says as long as YOU are not conducting in a way that you would normally need a license and you simply refer the business, you are allowed to collect a referral check. Anyone have actual experience collecting referral money without a RE license? Can’t someone just “gift” someone a certain amount of money per year anyways without triggering taxes/etc? Who is keeping track of what that agent does with their money once it get split by with the brokerage and then goes into their bank account? I never understood that part, and what the real repercussions are.

@Edward Seid - thank you for the tips! Would you mind setting me up a search? I’m about one year out - but what love to see what my options look like and get the lay of the land. I’m ok with private school if the home price is significantly cheaper and still nice area!