Category: finance

How to Buy a Seattle Home You Intend to Rent Out

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Buying a home to rent out – that is, purchasing an investment property – is no small undertaking. Buying properties and renting them out is by far the best way to create generational wealth and passive income for life. Any number of things can go wrong to ultimately make you lose money. Still, though, real estate is typically a sound investment, especially when you consider that more people have become millionaires through real estate investing than by any other means. Read on to find out how to buy a Seattle home you intend to rent out.

How Much Flood Insurance Do You Need For Your Seattle House?

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You’ve recently had an offer accepted on a home in a great area, but there’s one problem: You have to get flood insurance in order to get your mortgage. While this isn’t a deal-breaker, it may leave you wondering exactly how much insurance you need to have on the property. Homeowner and commercial insurance policies typically do not cover flood damage. You want to protect your home in Seattle, but you also don’t want to pay for more coverage than you actually need. How do you really know how much flood insurance you need?

The Tax Advantages of A 1031 Exchange For Seattle Home Sellers

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One of the key advantages of a 1031 exchange is the ability to dispose of a property without incurring a capital gain tax liability, thereby allowing the earning power of the deferred taxes to work for the benefit of the investor (called an “Exchanger”) instead of the government. So, if you own any commercial or investment properties and you want to sell, … Continued

A Beginners Guide To Financing Property In Seattle

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Financing property: Few people enjoy getting into the lending side of a new home purchase, and yes, it can be a drag. BUT this should really be the first step of preparing to buy a home. (Click here to see all the steps in our Beginner’s Home Buying Guide.) Whether you’re a real estate investor … Continued

Are You Ready To Buy A House?

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Thinking of buying a home in the Pacific Northwest? Unless you’re already living in an expensive area, get ready for sticker shock – homes in Seattle aren’t cheap. Depending on where you’re working and what kind of lifestyle you want to live, we will work to find you the best home to meet your needs. … Continued