The Pacific Northwest is competitive, so leveraging those connections can be a game-changer.Second, when analyzing deals, ensure you’re building a framework to assess not just the property’s performance today but its future potential.

If you're considering just "winging it" please watch Pacific Heights starring Michael Keaton so you can get an idea of what life will be like inside the same building as rent control tenants whose rent control you are trying to terminate.

I also am Located in Western Washington in the Pacific Northwest.

The Market Context:The area I’m working in is not a large metro but a poorer region where issues like food insecurity affect 14–20% of the population.

Go work with community banks, regional banks, and local credit unions.

Median Prices for single families homes in the Chicagoland region went up about 7.4% as of November 2024. 

Looking for guidance on options. new builds aren't hard to finance and I would argue they are preferred to existing fix and flip loans, especially if you have experience. banks look at your experience, your builder's experience, loan structure, permits, etc you need to get an experienced builder familiar with advanced underwriting and negotiations with local, regional, and national lenders. in columbus we do ground up construction for clients at a 20% discount so they can BRRRR out of the new build with equity and we have pages and pages of data on what we build and why and it's all supported by market statistics. 

The areas at most risk are many of the same regions where housing was hit hardest by the Great Recession, clustered in Southern California, the southwest, and Florida.

The Economic Development there is focused on building competitive regional talent, diversifying the regional economy, transforming Montgomery's image and building diverse community capacity.Major economic drivers to the area include Hyundai manufacturing, Maxwell & Gunter Air Force Base, major Amazon distribution, Alabama State Capitol, Alfa Insurance, Kinpak, H2 Pharma, Dollar General transport/logistics, Dow Chemical, and Conner Industries to name a few. 

Gann, JD (“Rick”) is Managing Partner of 1031 Capital Solutions, serving the Pacific Northwest from the firm’s office in Lake Oswego. 1031 Capital Solutions’ mission is to provide tax-efficient strategies to real estate investors.The contents of this article constitute neither an offer to sell nor a solicitation of an offer to buy any security which can only be made by prospectus.