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

I currently have a property with a 4 unit on it.

Did you know 94% of Americans don't own a single investment property? 

I am a property manager and am reaching out to self-managing STR property owners to learn how others handle their tax remittances.

I am new to real estate investing and have just started analyzing deals.

These guys always struck me as pretty conservative and never posting pics of their lambo or jet or bragging about 1000s of units etc etc..

I have listened to the BP Podcasts for a some time now, and thought I would pull the trigger on joining the community!

How does one offer or inquire about a short sale?

Many on bp have shared stories of high desert fixers gone sideways  If you can find a licensed gc — in my experience they will charge 10-18% on top of the subs work.  

What factors are influencing these choices?