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14 February 2020 | 10 replies
Hi Sally - Welcome.If you are considering investing in residential real estate in WA, be aware that there are major changes coming in state law, almost certainly including 'just cause' eviction rules (HB2453) this session, and possibly also statewide rent control (HB2779) (less likely this session, but IMO very likely in the medium/long term unfortunately) that both if passed will substantially or even dramatically affect the level of risk, business model, and other aspects of owning and operating rental property.
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8 February 2020 | 2 replies
The rental manager threw tenant in the building at cheap or no rent last minute and I have no idea why someone would be so stupid on a residential property that has no bearing on rented or un-rented units.
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12 February 2020 | 5 replies
It is zoned mixed use - residential & commercial.
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7 February 2020 | 1 reply
I like the idea of long-term investments in residential properties.
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10 February 2020 | 5 replies
Some contracts have enhanced death benefits with fancy features for an additional cost.
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8 February 2020 | 0 replies
In some states property managers are required to get their CPM (Certified Property Manager) or ARM (Accredited Residential Manager) certifications.
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9 February 2020 | 1 reply
They have a residential side too depending on what you need
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20 June 2020 | 20 replies
Strategy right now is to place 50% of the cash on syndicates focusing on class B/C residential assets and another 50% of cash on single family homes with 70-75% leverage.
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11 February 2020 | 9 replies
I love what the LLC brings to the table in terms of protection, however I hear banks dont loan to LLC's for residential projects.
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8 February 2020 | 2 replies
The unit is on the 3rd floor of a residential building.