All Forum Posts by: Mragank Yadav

Helo All

Looking for recommendations in the King county area. Looking to establish llc/trust structures and thus looking for both attorneys that can help recommend the correct strategy and cpas. Thanks in advance. 

Hello Folks 

I recently started looking into buying an investment house and currently live in Bothell. Now I wanted to keep my budget close to 500k, so that made most east side and Seattle inaccessible in terms of cashflow/buying power. So I started looking South and North and while there are prominent places in North like Lk. Stevens, Everett etc, I have been recommended Federal way and Tacoms as well and so I am trying to understand if there's a reality where 500k puts me in in atleast break even state with not less then B grade neighborhood properties.

PS: Looking to start investing in the next 3 months so if you are an investor friendly agent, feel free to reach out. 

 @Kyle Wells Thanks for sharing your experience. Where do you invest primarily in Washington? I am happy to look around Washington but wasn't sure if the numbers work. Cashflow isn't super important to me but definitely won't like to go negative. 

Hey Folks

Novice investor here looking to make some connections and form a team in Columbus OH to start investing in Multifamily/BRRRR/LTR/MTRs.

A little about me: Working a W2 job in Seattle, just rented out my previous primary home and moved into a second home. Basically, just took my first steps in RE. 

Goal: Since I have a W2 that I don't plan on leaving soon, I am looking for some appreciation/cashflow plays where I would be flexible in trading off appreciation and cashflow but definitely don't want to sustain negative flow(atleast over long term). I started looking in Seattle/King/Snohomish county close to me and the numbers just don't work. Ultra tenant friendly laws don't help as well. So after some research, it seems Columbus Ohio shows hopes and it appears it's  quite a favourite with investors here as well. So having to decide on a OOS market, I think this would be a good area. 

Having said that, now I am looking to work with people/teams that can help me with these goals. Having read and spending a ton of time here, I believe my starting point would be to find a investor friendly agent, work with them to have lenders, contractor and pm set up, followed by buying deals. Ideally I would love to go Brrrrr to keep reusing the money but in light of lowering commercial RE prices, would be flexible if numbers make sense. 

Please feel free to reach out and lets talk.