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All Forum Posts by: Tim Holmes

Tim Holmes has started 1 posts and replied 107 times.

Post: spliting a parcel of land

Tim HolmesPosted
  • Canton Ms. Tacoma Wa.
  • Posts 117
  • Votes 39

@Kelvin Schaeffer

I'm in Pierce county and I just got a bid to short plat a one acre parcel into four lots. My surveyor is a long time family friend so he gave me a low bid. $1000 for him and $4000 in county fees. Ball park $5000 all in.

Post: Auction.com Occupied SFR - Tacoma, WA - Buy & Hold

Tim HolmesPosted
  • Canton Ms. Tacoma Wa.
  • Posts 117
  • Votes 39

@Caroline Hedin We have not had an problems with tenants, or keeping rental occupied. Just make sure you set up your criteria to show to prospective tenants and than follow though with the screening.

Post: Auction.com Occupied SFR - Tacoma, WA - Buy & Hold

Tim HolmesPosted
  • Canton Ms. Tacoma Wa.
  • Posts 117
  • Votes 39

@Caroline Hedin When I looked at the house the first window I looked in was the front right bedroom. Looked like the house was going to need a major trash out. I went around the house counter clockwise looking in each window. When I got to the kitchen slider I could tell someone was living there. Didn't want to mess with that. Also not sure I wanted to rent to college kids. Since then I have met three people who have had good results renting to students. I also looked at the small duplex just west of you and thought it would be an easy finish. Looks like an investor ran out of money. I own two houses a couple miles south of you on military rd.

Post: CA 1031 exchange question

Tim HolmesPosted
  • Canton Ms. Tacoma Wa.
  • Posts 117
  • Votes 39

@Bill Exeter. Good advice.

Post: Auction.com Occupied SFR - Tacoma, WA - Buy & Hold

Tim HolmesPosted
  • Canton Ms. Tacoma Wa.
  • Posts 117
  • Votes 39

@Caroline HedinDrove by your new rental today. Looks like your making progress. When it was on Auction. com I looked it over but decided not to bid. Hope all goes well for you. Did you get the old tenant out?

Post: New Tacoma, WA real esate investor

Tim HolmesPosted
  • Canton Ms. Tacoma Wa.
  • Posts 117
  • Votes 39

Welcome to Bigger Pockets Andrew, good to see another investor from Tacoma.

Post: New BP member from Tacoma area/WA state

Tim HolmesPosted
  • Canton Ms. Tacoma Wa.
  • Posts 117
  • Votes 39

Welcome to BP Peter. I have learned a lot from both the forums and my collegiates.

Cool project @Tarl Yarber.  Beautiful day today so I think I will get on my bike and ride over to take a look.

Post: Lakewood -WA BP Meetup April17

Tim HolmesPosted
  • Canton Ms. Tacoma Wa.
  • Posts 117
  • Votes 39

Insightful time of learning and meeting other real estate investors tonight. Thank you @Kevin C. for organizing and thank you to all 30 or so that attended.

Post: Need Deal Analysis Help On First Property

Tim HolmesPosted
  • Canton Ms. Tacoma Wa.
  • Posts 117
  • Votes 39

Make sure the HOA does not have a cap on how many units they allow to be rented. Up here in Tacoma some HOA's put a percentage on how many units must be owner occupied.