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13 October 2024 | 22 replies
Proof that your property taxes are in good standing.
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14 October 2024 | 1 reply
Purchase price: $1,435,000 Cash invested: $3,010,600 Sale price: $8,400,000 We identified multiple lots around the light rail system in WA, where we felt that properties are going toincrease in value significantly, these lots were re-zoned from SFH to multi-family (MUR35mostly), we have developed, permitted and starting to build: 8849 Midvale Ave N, Seattle – Two combined lots, zoned for multifamily where we built 12 townhomes
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14 October 2024 | 5 replies
Hi, I have a tenant that promised to pay past due 2 months' rent and failed to do so.
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13 October 2024 | 8 replies
We are purchasing a duplex (just went under contract for it), and she will live in one unit and the other has a long term tenant.
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13 October 2024 | 11 replies
If not, do you materially participate in the syndication or are you simply a limited partner?
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14 October 2024 | 0 replies
Purchase price: $1,435,000 Cash invested: $3,010,600 Sale price: $8,400,000 We identified multiple lots around the light rail system in WA, where we felt that properties are going toincrease in value significantly, these lots were re-zoned from SFH to multi-family (MUR35mostly), we have developed, permitted and starting to build: 8849 Midvale Ave N, Seattle – Two combined lots, zoned for multifamily where we built 12 townhomes 23007 55th Ave W, Mountlake Terrace – 7 townhouses in a walking distance from thelight rail station, in planning stages with the city of Mountlake Terrace, WA
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15 October 2024 | 2 replies
Who do you have currently in your home market that you can trust - generally you are going to want a trusted "core team" to do long-distance investing - for a flip, should definitely include a trusted partner and/or contractor + agent + lender at the very least
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17 October 2024 | 0 replies
They are very big on east coast but started to expand into the west coast.
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18 October 2024 | 4 replies
This home had a HUGE delay that cost us thousands of dollars.The group that put in the underground plumbing dug the plumbing too low, and by the time we caught the mistake, the slab had already been poured and the septic tanks installed.We had to dig up the septic tanks, install a lift station, and reinstall the septic tanks.This all happened during 2 hurricanes, which caused even more delays.Time kills deals.This is why you need to 1) be conservative with your timelines and costs, 2) add contingencies to your budgets, and 3) have a healthy profit margin.
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14 October 2024 | 2 replies
Does anyone know if we give a Housing Authority Tenant notice that we do not intend continue renting (and provide a 90 day minimum notice).