All Forum Posts by: Viktor R.
Viktor R. has started 79 posts and replied 176 times.
Post: How to setup Quickbooks for Personal Rental Portfolio

- Investor
- Lynnwood, WA
- Posts 186
- Votes 48
@Justin R. I know it's been a year since you asked the question but I found the answer you were looking for. This guy explains how to take the statement from your property management and turn it into a reoccuring expense so that all you have to do is just match it up once a month instead of creating an itemized line item like you've suggested. I hope this helps. https://www.youtube.com/watch?v=4Mrtfp6ZxUc
Post: How to setup Quickbooks for Personal Rental Portfolio

- Investor
- Lynnwood, WA
- Posts 186
- Votes 48
This is a fantastic thread. This now March 14, 2020 and I am just now seeing this. Very helpful and insightful. I have 7 units in PA that I use a property manager for. I have the same question as @Justin R. I don't want to spend a crapload of hours on Quickbooks Online trying to breakdown the property manager's lump sum amount paid each month and what that's for. I've read a thread on the QBO forum and this is what their expert suggested to (hint: you must have the QBO plus version to create this)
Class-> Property
Customer-> units
Job-> Tenants
Items-> non- inventory or services like repairs and maintenance
Post: Anyone has experience with Brad Chandler Coaching?

- Investor
- Lynnwood, WA
- Posts 186
- Votes 48
@Lior Reich, @Caleb Heimsoth@Jason D., @Vitaly Shevrov.
Let me first start off with saying that I’ve done 100 deals in wholesaling, I’ve made over one million in revenue, and I’m a top producer in the Seattle Market. I’m not bragging but laying a foundation so you can see where I am coming from.
When I started real estate, I didn’t have anything. I had to save everything and then spend it on marketing to get to the point where I am today. I’ve made mistakes in the beginning of my career that would have saved me hundreds of thousands of dollars including a deal worth $400,000. I didn’t use a coach and my results showed for it.
If you don’t believe in coaching, I empathize with you. There are so many sales pitches today, it’s hard to distinguish a good coaching program from a crappy one. The skepticism about these coaches/gurus is real. I was and still am on the skepticism scale but now to a lesser degree.
From my previous experience, I can tell you that this same skepticism has also prevented me from excelling. I’ve done deals. I’ve made money. I can tell you that having a leader who has already achieved what you are trying to obtain makes the path much smoother with less mistakes. Why reinvent the wheel? If someone who has the proof of a track record and they can show you how, why not take that path? If you are expecting this knowledge to be free, please stop thinking in terms of “The lottery mindset” where no effort or extremely tiny effort is needed to achieve a huge return. The lottery is a scam. Thinking you’ll get knowledge for free is a scam. It absolutely costs you something. Either you will pay it in money or time. If I would have hired the right coach in the beginning, I would have saved myself so much heartache and pain.
Why did Micheal Phelps, Michael Jordan, Serena Williams, Andre Agassi, Tiger Woods, and other professional athletes have a coach? Were they just incapable of learning and training on their own? Coaches are powerful because they see the forest from the outside where we only see the thickness of the trees surrounding us. Coaches are able to guide and mold you but it’s up to you to put in the hard work, effort, MASSIVE action, and grit. This is why these athletes achieved at such a high level because they had coaches. When coaches are introduced into real estate, folks have an aversion to the concept but completely accept that concept in sports.
You might say, “Well, I’m successful and I didn’t have a coach.” First off CONGRATULATIONS! I want to knowledge your hard work. That takes serious tenacity. Second, you probably paid for that success with a lot of time and a lot of money. You can’t achieve success without spending those two resources. I’m also not saying you can’t be successful without a coach. You absolutely can because you’re living proof. What I am saying is coaches can get you to where you want to be much faster, with less trail and error mistakes, and more efficiently.
To that I say if you still disagree with having a coach, forget all that I said, go out take massive action, figure it out on your own, make a lot of mistakes, get frustrated, keep learning, apply the knowledge, and just keep going unless you fail into success. But after doing all of that, look back and see if you could have done it better. See for yourself and ask the question once you’re there, “If I would have known what I know now, would I have done better?” If the answer is yes (100% likely), a coach is a great way to go. What if you could have been a mentor/ coach to your younger self? Would that have made a difference?
The take away is don’t take my word for it. Don’t ever take anybody’s word for it. Test it out for yourself. The proof is in the results.
Post: 50% Rule

- Investor
- Lynnwood, WA
- Posts 186
- Votes 48
This is a really old post but bigger pockets calculator does it this way:
Monthly Income / 2 - Principle & Interest = 50% rule
The image included is directly from the calculator.
It does not use NOI
Post: Vacant land in Concrete 40 cents on the dollar near Mt. Vernon

- Investor
- Lynnwood, WA
- Posts 186
- Votes 48
There are two lots for sale adjacent to each other. First Vacant lots of 5,227 sqft. and second lot 6,000 sqft. The market value is $25,000 to $40,000 per lot. You are getting a steal for just $7,498 per lot. They had a SFR before that was torn down. It's a steal of a deal for just $7,497 per lot.
The property is vacant
PROPERTY INFORMATION
- Address: 7569 S Dillard Ave & 7579 S Dillard Ave, Concrete, WA
PICTURES
Link: https://drive.google.com/drive/folders/138Hw_j3uQo0IaP9toWpNxRGiEKXeFvoH?usp=sharing
COMPARABLES
1 Thunderbird Ln Concrete, WA 98237
- 0.53 acres
- SOLD 35,000
- Sold on 09/03/18
46383 Baker Loop Rd Concrete, WA 98237
- 0.48 acres
- SOLD $27,056
- Sold on 12/14/17
7474 Skagit View Concrete, WA 98237
- 0.42 acres, 1,426 sqft home
- SOLD $270,000
- Sold 12/22/17
- new construction, potential for lot
7473 Skagit View Concrete, WA 98237
- 0.5 acres, 1,665 sqft home
- SOLD $310,000
- Sold 07/17/18
- new construction, potential for lot
New Construction Value
$280,000- $310,000
ACQUISITION PRICE
$7,498/ lot (including assignment fee)
GET NOTIFIED OF GREAT DEALS LIKE THIS ONE!
You can sign up to get deals sent directly to you by visiting our website www.purchasethisdeal.com
May we remind you that we have a legally binding purchase contract with a memorandum signed giving us the exclusive right to purchase the property. Do not attempt to contact or renegotiate with the seller. Any attempt to communicate with the owner without our written consent can result in legal against you.
Disclaimer: This company makes no warranty or representation about the content of this post. It is your responsibility to independently confirm the accuracy and competencies. Any projections, opinions, or assumptions used are for example only and do not represent the current or future performance of this property.
Post: Light Fixer or Buy And Hold With $40,000 Of Equity At Purchase

- Investor
- Lynnwood, WA
- Posts 186
- Votes 48
@William L. , please go to purchasethisdeal.com. It's the easiest way to get added to our buyer's list. Thank you. :-)
Post: SFR FLIP or BRRR in Puyallup, WA for Only $139K!!!

- Investor
- Lynnwood, WA
- Posts 186
- Votes 48
Wholesale Deal...
Price: $139,997
Bedrooms: 3
Bathrooms: 2
Square feet: 1,500
Year built: 1988
Lot size: 0.2998 ac / 13,060 sqft
Rehab Estimate: $40,000
ARV: $240,000
PHOTOS Click Here
Comparables
9918 195th Street Ct E # 20, Graham
3 beds 2 baths 1,452 sqft
Sold $229,950 6/2018
4/5 condition good for ARV
18905 99th Avenue Ct E, Puyallup
4 beds 2 baths 1,782 sqft
Sold $226,219 7/2018
5/5 condition GRT ARV!
19126 98th Avenue Ct E, Puyallup
3 beds 2 baths 1,761 sqft
Sold $247,669 7/2018
4.5/5 condition Grt ARV
Property...
3 Bdrm, 2 bath Double Wide built in 1988 on own land! 1500 SQ. FT! Living room, spacious kitchen w/ lots of cabinet space, breakfast bar, all kitchen appliances stay, skylight, large dining area off kitchen w/ access to deck, family room w/ wood stove, large master bedroom w/ bath & walk-in closet, good size 2nd & 3rd bedrooms, large covered deck, storage shed, huge fenced side yard, oversize 2 car garage. It has a community club house and RV or boat parking for a monthly fee, close to bus lines & shopping areas
This is an assignment of contract. A legally binding contract is signed with the seller. DO NOT CONTACT THE OWNER/ SELLER without our explicit consent. Any attempts to renegotiate or contact with the seller will result in legal action. (If you need more information on what is an assignment of contract, click here.)
If you are interested in the assignment, please reply directly to this email address.
Viktor Rybachuk
206-899-1857
if you want to be added to our buyers list please fill out info...www.purchasethisdeal.com
Post: SFR Flip in Gold Bar, WA Purchase Price Only $89,997 !!!

- Investor
- Lynnwood, WA
- Posts 186
- Votes 48
This can be your first flip! This is an assignment of contract; the purchase price is $89,997 and includes the assignment fee.
Manufactured house that has 3 bdrm, 2 baths, 1,152 square feet and sits on a 8,276 square foot lot built in 1982.
Address: 15817 Goldbar Dr, Gold Bar, WA 98251
Price: $89,997
Bedrooms: 3
Bathrooms: 2
Square feet: 1,152
Year built: 1982
Lot size: 0.19 / 8276 sqft
Rehab Estimate: $40,000+
ARV: $183,000 - $195,000
For photos...Click Here
This is an assignment of contract. A legally binding contract is signed with the seller. DO NOT CONTACT THE OWNER/ SELLER without our explicit consent. Any attempts to renegotiate or contact with the seller will result in legal action. (If you need more information on what is an assignment of contract, click here.)
If you are interested in the assignment, please reply directly to this email address.
Viktor Rybachuk
206-899-1857
If you are interested in receiving wholesaling deal emails please sign up at...
Post: Great Rental in terrific condition in Tacoma

- Investor
- Lynnwood, WA
- Posts 186
- Votes 48
Great Rental in terrific condition
The property is in move in ready condition. Highest and best use would be to use as rental due to no needed repairs and priced under market value.
The property is occupied. Do NOT visit the property without an appointment. Do not disturb the occupants.
PROPERTY INFORMATION
- Address: 156xx 26th Ave E, Tacoma, WA 98445 (Available only to interested parties)
- Bedrooms: 3
- Bathrooms: 2
- Square Feet: 1,495
- Year Built: 2001
- Stories: 1
PICTURES
Link: https://drive.google.com/drive/folders/1EmRqEsaCKL...
COMPARABLES
- 2215 159th St Ct E, Tacoma, WA
- 3 bed 2.25 bath 1,520 sqft
- Sold $279,950 9/2017
- 2319 159th Street Ct E, Tacoma, WA
- 3 beds 2 baths 1,186 sqft
- Sold $265,719 2/22/18
- 1724 165th Street Ct E,Spanaway, WA
- 3 beds 2 baths 1,702 sqft
- Sold $268,000 5/9/18
- 14604 20th Avenue Ct E, Tacoma, WA
- 3 beds 2 baths 1,466 sqft
- Sold $249,719 3/16/18
- 1905 147th Street Ct E, Tacoma, WA
- 3 beds 2.5 baths 1,407 sqft
- Sold $292,719 3/2/18
- 1706 155th St E, Tacoma, WA
- 3 beds 2 baths 1,720 sqft
- Sold $274,669 2/27/18
After Repaired Value
$284,000
REHAB ESTIMATE
(Buyer to complete their own due diligence)
paint house on exterior
ACQUISITION PRICE
$230,000 (not including assignment fee)
RENTAL POTENTIAL
$1,603/ month
GET NOTIFIED OF GREAT DEALS LIKE THIS ONE!
You can sign up to get deals sent directly to you by visiting our website www.purchasethisdeal.com
May we remind you that we have a legally binding purchase contract with a memorandum signed giving us the exclusive right to purchase the property. Do not attempt to contact or renegotiate with the seller. Any attempt to communicate with the owner without our written consent can result in legal against you.
Disclaimer: This company makes no warranty or representation about the content of this post. It is your responsibility to independently confirm the accuracy and competencies. Any projections, opinions, or assumptions used are for example only and do not represent the current or future performance of this property.
Post: Turn Key Rental in Madras, Oregon

- Investor
- Lynnwood, WA
- Posts 186
- Votes 48
Property in turn key ready for a rental. Great potential to buy and hold and cash flow each month. You would be hit the 1% rule of this deal. No major fixes are required however some minor things can be considered. The property is occupied. Do not disturb the occupants.
PROPERTY INFORMATION
- Address: 230 SW 3rd St, Madras, OR 97741
- Bedrooms: 3
- Bathrooms: 2
- Square Feet: 1,312 sqft
- Year Built: 1912/1990
- Stories: 2
PICTURES
Link: https://drive.google.com/open?id=1qvJ9qvp-kH-8UuEF...
COMPARABLES
-
- 552 SW Lincoln St, Madras, OR 97741
- 3 beds 2 baths 1,008 sqft
- For Sale $174,900
- 600 SE Sugar Pine Way, Madras, OR 97741
- 3 bed 2 bath 1,704 sqft
- Sold $159,000 11/8/17
- 114 Sw Third St, Madras, OR 97741
- 4 beds 2 baths 1,536 sqft
- Sold $141,00 6/22/17
- 541 SW 3rd St, Madras, OR 97741
- 3 beds 2 baths 1,189 sqft
- Sold $130,000 4/12/18
- 657 SW 1st St, Madras, OR 97741
- 3 beds 2 baths 1,716 sqft
- Sold $185,400 9/15/17
- 488 SE 8th St, Madras, OR 97741
- 3 beds 2 baths 1,464 sqft
- Sold $167,500 7/26/17
- 552 SW Lincoln St, Madras, OR 97741
As-Is Value
$145,000
ACQUISITION PRICE
$110,237 (not including assignment fee)
RENTAL POTENTIAL
$1,185/month
GET NOTIFIED OF GREAT DEALS LIKE THIS ONE!
You can sign up to get deals sent directly to you by visiting our website www.purchasethisdeal.com
May we remind you that we have a legally binding purchase contract with a memorandum signed giving us the exclusive right to purchase the property. Do not attempt to contact or renegotiate with the seller. Any attempt to communicate with the owner without our written consent can result in legal against you.
Disclaimer: This company makes no warranty or representation about the content of this post. It is your responsibility to independently confirm the accuracy and competencies. Any projections, opinions, or assumptions used are for example only and do not represent the current or future performance of this property.