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All Forum Posts by: Ryan Garrison

Ryan Garrison has started 57 posts and replied 213 times.

Post: Real People, Real Beer, Real Estate!

Ryan Garrison
Pro Member
Posted
  • Rental Property Investor
  • Olympia, WA
  • Posts 234
  • Votes 82

Let me see what I can do.

Post: Happy Hour on The Hill

Ryan Garrison
Pro Member
Posted
  • Rental Property Investor
  • Olympia, WA
  • Posts 234
  • Votes 82

A super casual place to meet up with fellow investors.  Talk about the deals you have recently done or the deals you are working on.  Share wants and needs. Enjoy a tasty adult beverage, or some awesome BBQ food.

Happy hour starts at 4pm and we may hang out until 6pm or 7pm depending on how many people show up.

Post: 1656 W Shelby Dr Memphis, TN 38109 Occupied

Ryan Garrison
Pro Member
Posted
  • Rental Property Investor
  • Olympia, WA
  • Posts 234
  • Votes 82

message sent

Post: Downsizing to my rental?

Ryan Garrison
Pro Member
Posted
  • Rental Property Investor
  • Olympia, WA
  • Posts 234
  • Votes 82
@Brandon Norris if you have lived in the current home for 2 of the last 5 years, you can do whatever you want with the money. (not an accountant, but I am pretty confident in this answer)

Post: What can I do with a (pre)foreclosure sfr in Washington?

Ryan Garrison
Pro Member
Posted
  • Rental Property Investor
  • Olympia, WA
  • Posts 234
  • Votes 82

@Jay Hinrichs very good advice. Thank you for your insight.

@Kevin Romines Thank you for your input as well.

The last time I was looking at pre-foreclosures was 2011 or so. I got out of RE for a while, and when I start digging into it again there are all these new scary RCWs to worry about.

I had heard an attorney or RE agent needs to be part of the transaction.  To what extent, I guess I need to talk to an RE attorney to find out more.  My un-lawyerish instinct makes me think that if the attorney had the seller sign a document that said they understand that they "may" be able to sell the home with an agent for more money that it might make a transaction doable.     If there is a "safe" way to perform the transaction, there would be a lot less competition than there used to be. Maybe it is just my car business background...always looking for a workaround.

Post: What can I do with a (pre)foreclosure sfr in Washington?

Ryan Garrison
Pro Member
Posted
  • Rental Property Investor
  • Olympia, WA
  • Posts 234
  • Votes 82
Originally posted by @Kevin Romines:

Hold up just a minute. 

In Washington State, there are distressed home consultant laws and if you afoul of those laws you can be fined into an oblivion and possibly be looking at some jail time. If you going to pursue those types of deals, you better know what the law says and how to avoid any issues? The link is down below:

http://app.leg.wa.gov/rcw/default.aspx?cite=61.34&...

 Kevin, in your opinion (obviously not legal advice), what are the definate do nots in buying preforeclosures? What are the potential work arounds?

I would still like to help people and make a profit, but the WA laws have me scared. 

Seems to be a lot of different opinions on this thread. 

Post: Skip Trace and Contacting Leads

Ryan Garrison
Pro Member
Posted
  • Rental Property Investor
  • Olympia, WA
  • Posts 234
  • Votes 82

I am looking for the same thing.  One at a time, not skip tracing a list for marketing. 

I have a couple bird dogs sending me addresses for vacant/run down properties and after I looked up the owner names on public records I got stumped by the truepeoplesearch, spokeo, etc.  I can usually get what I need from those sites, but there has to be a better way.

I need something a little more powerful.

Also, do any of the other investors have an app they like for looking up Owner names and finding possible phone numbers? 

Post: Clarkston, Washington/Eastern Washington

Ryan Garrison
Pro Member
Posted
  • Rental Property Investor
  • Olympia, WA
  • Posts 234
  • Votes 82

@Alan Reza What about vacation rentals in the Anaheim market? I have heard it does well down there. I am sure you have looked into it, but I am just curious what you found.  

Post: 28% ROI Multi-Family! $967m Cash Flow, $39K down!

Ryan Garrison
Pro Member
Posted
  • Rental Property Investor
  • Olympia, WA
  • Posts 234
  • Votes 82

Hi Zach, 

How many units is that?

Post: Instant Equity $70,000 +18%CashonCash 4plex Glendale AZ Motivated

Ryan Garrison
Pro Member
Posted
  • Rental Property Investor
  • Olympia, WA
  • Posts 234
  • Votes 82

jeremy, please send me an email with more details [email protected]