He and his partner have been the source of tear down lots the last 20 years for 80% of the Builders from Kennedy Ave.

However, rents in the area have trended slightly downwards over the last year.My goal is to find a unit that is not marketed well (no staging, no work done before going to market, poor photography) with the hope that it has less exposure and interest. 

This has consequences - both in terms of making projects accessible and profitable to savvy investors, and in inviting more supply, which may slow rent growth over time. 

We look at the deposits for the last 3 months and then lend out usually up to 50% of that average.  

Originally posted by @Douglas Spence:Two different ALE reps have contacted me in the last couple of days through my Zillow ad interested in my property.

how has your progress been in real estate over the last decade?

I’ll start by saying that there are a lot of STR’s in Seattle currently(6k+), which has been increasing over the last few years if you look at the numbers being listed.

We did put a rental online last year in January and it took a month or two to find a renter.

If you plan to do it yourself, let me know, I have a GC I can connect you with that's done over 20 hot tubs for clients for me last year. 

Also, if you say no financial contingency, then what happens if after I get the property under contract and present it to my investors they start back-stepping,"In one breath you say you are fix and flipping but in another mention the phrase above which tells my you are a wholesaler of a contract and not a cash buyer.I don't know why people intermix the two.The difference matters to an asset manager.If you give them a quick close,no contingencies,cash in your bank account that you control valid within the last thirty generally you can get much lower offers accepted.Now it all depends on what type of property you are going after and they type of bank or government institution involved as to how much impact a certain strategy will have.