All Forum Posts by: Steven Hayes

The first 2 I got before the recent price and rate increases. The last 2 paid more and higher interest.

No real strategy, just wasn't good at the stock market so I tried real estate. Got the first duplex by living in one side renting the other. The next one needed a lot of repairs. Had someone help who works in construction that I knew. Came out ahead when selling that one and put 25% down on 2 others. So there is a total of 3 I have at this time. Without my job I couldn't have done this because sometimes they might need a new roof or other work. I don't know about the Olympia city limits, but in Lacey I don't need any kind of business license or special permit for duplexes.

Hello I have lived in the Lacey area for a long time. Not earning a high income I have slowly invested in duplexes over the years. I about gave up when Inslee changed the rental laws here in favor of the tenants, but I was introduced to a very good property manager and have had good luck since.