Wish they would build houses with this style of architecture still.

Typical equity build up time is 5 years, depending on your market.But can you purchase another rental using your own capital?

But if you build a solid team and do your homework, it can be extremely rewarding.If you’re interested, I’ve put together a lot of resources on the market that might help—happy to share.

We purchased 133.7 acres January 20th of 2024, we then proceeded to subdivide 4 building lots, ( two 10 acre lots,  and two 2 acre lots)  which included costs associated with septic testing,  survey & subdivision, and property maintenence required to market the building lots.

•Deal evaluation: Simple, actionable advice or tools to help me confidently analyze and structure deals.I’m also looking to network with wholesale-minded agents, understand local buyers’ preferences (buy boxes), and explore mentorship or partnership opportunities that can help me gain momentum.I’m eager to learn, take action, and build something impactful for my family.

There is no way I can build this and come out overall profitable.

We did this because initially we were just going to build/sell, but I would rather hold on to it.

Tacoma is a fantastic market with a lot of opportunity, so you’re starting in the right place.Here’s how you can connect with local experts and start building your skills:Attend local meetups and networking events.

I refinanced a different building and bought another building with the proceeds.

Do not close on this building without speaking to an eviction lawyer.