All Forum Posts by: Anthony Giannette

Seattle’s first come, first rented law was repealed! Tracking by document date is now over. However i believe asking about criminal history is still outlawed.

Rentals went up this year for the downtown Seattle area about 8%. Compound that with the 20% from the last two years and you can see urban living is a tough road for 2018. the only good news is price hikes are likely tapped out. I am seeing studios at 1450. Some go for 1750 when short term leasing is needed. You can imagine what having rooms will cost. Add new taxes in the mix that just came online this year and next year prices will reflect the tax hikes. All the new buildings here are mixed use and the city announced plans for a head tax coming soon. Might be viewed illegal, but politicians don’t seem to notice the little things.

I noticed that you have some investments in stocks. I also have an interest in stocks and have finally picked up a small nest egg to throw that way. Would be nice to Converse about your method whether it’s buying hold or if it is more of a weekly trade or daily trade process. Anyway welcome to BiggerPockets from another agent in the area bye-bye

One place to look is large property management companies. These guys usually start in the business due to demand from their investor clients. They call the PM before listing their smaller investments like four-plexes.

Hello Christopher,

Getting your uncle in as an investing partner should not be a problem. But since this is a legal issue, I have to tell you its lawyer time. Be sure your attorney sets up the formation with particular attention to the way you get financing.

You’ll hit your goals and retire by 25. You’ve chosen a grueling lifestyle and already found the only site you’ll ever need.

Seek a more knowledgeable mortgage broker.

Congratulations! Call an Escrow company and tell them to “open escrow” on your new purchase. parcel number helps but address is enough. Some escrows or a RE attorney can help draft the P&S. Good luck.

Hello! your uncle can help out all he wants. Keep his name off the deed though. form 1098-s is a killer for him. This is a prime time to form a company and you two should buy/sell as that company. This way his money is owner contributions rather than a 30% minimum tax.

Not greatly familiar with management companies in tacoma. I am well known with a couple in South King County though. Ive worked on their accounting so know about processes.