All Forum Posts by: Michael Brady

Kyle M Miller welcome to BP. We are close in age and our journey. I am under contract on our first vacation rental though we have some other real estate experience. If you want to get together sometime just to chat let me know.

Welcome to the club. I have found it exciting listening to and reading things from other like minded individuals who want to build a better future.

Update: We Moved into a new primary residence just over a year ago. Ended up waiting 6 months before selling the condo which was nice because the market had also heated up in that time. We Have recently partnered with good friends to buy a vacation cabin and will be starting the remodel next month. Thanks again guys. 

Thank you. 

Welcome to BP. I am in Everett. Just wondering if after listening to the podcast you have a sense of what strategy you would like to start moving towards?

I am buying a new primary residence  regardless of what happens to the condo. The question had nothing to do with a 1031 exchange though the information was great. It had more to do with rather anyone had pros or cons related to selling it for the one time payment. (Which I would use a portion of to go found a deal) or rather I should play the bank and sell it through a title company and get the long term cash flow. I hope that helps you guys help me. 

Welcome to BP! I think you will find the people and the site extremely useful. I know I have.

I have a condo that I own free and clear. I am buying a new primary residence. I got a home equity line of credit to make the down payment. Anyways I was initially planning on selling it and using that money to found a deal. Only because I can't rent (HOA). However now I am considering selling it on seller financing not lease option. Thought on which way I should go. Ps: I know I need to pay of the equity line before selling in either case. Thanks

I am also in Everett it seems to me there are deals that work out on some multi family's in Everett and lake Stevens. Have you thought about eastern Washington. I know prices are lower and maybe with the right property management company it's worth just driving over now and then to look at deals. Just to be clear I have not yet. Just a thought.

realty deals nationwide seems to be available.