All Forum Posts by: Sherief Elbassuoni

I do deals in Bellingham. 

Feel free to reach out

@Tracy Qi, many areas are over-saturated.

We can run AirDNA report for you and check average vacancy rates.

I have success in airbnb rent by room since I pick my properties close by hospitals, businesses, ....

@Alex S., reach out and I will connect you with my contractors

@Kevin Ivey, reach out and I can connect you with my CPA

Thanks!

@Nicholas Chan, good question for your CPA.

I typically put income of STRs in one account. LTRs in another account, and so on and so forth

@Derek Heinz, you can try HELOC and pull some of the equity out without selling your current home.

FHA loan may not be so easy since FHA requires a distance of minimum 100 miles between the two properties. Most probably you will be buying in less than 100 miles

@Nanci E Keate, reach out and I can connect you with my CPA and quick book folks

 @Mark Weins. building a DADU for a $100K seems pretty low. Most builders are charging $250-$250/sq ft depending on if you will GC the whole project, or they will do that. 

We typically see DADU cost to be $300K-$350K

 The east side is primarily appreciation more than cash flow. The rent to value ration on the east side is way lower than a lot of other places, so many investors are buying there but purely for appreciation

@Liz Rosaldo, We do deals in Bellingham. Feel free to reach out anytime