When you decided to become a “real estate investor” you didn’t know that you’d be picking up land lording as your new side hustle! It’s smart to handle property management yourself for a few years, if you’re so inclined, because it can help you save money and make sure that your property is being run … Continued
Good news! Mortgage rates are going down, and there are ways you can get a lower rate, even in this more expensive interest rate environment. Last month my husband and I bought a $300,000 investment property and our builder offered us a 5.9% interest rate, even though we were getting a non-owner-occupied loan. Rates would normally … Continued
What is the purpose of your investing? Is it cashflow, or is it wealth accumulation? This may depend on what part of your earning cycle you are in. If you are a new/young worker, your primary goal is to build up assets that can feed you down the road.
Real estate investment holds significant importance for first-time homebuyers as it represents a pathway to financial stability, wealth accumulation, and long-term security. Beyond the obvious benefit of owning a place to call home, real estate offers a unique opportunity to build equity and generate rental income. It serves as a tangible asset that tends to … Continued
I remember a time when I was calling many of my would-be home-buyer clients and they were sharing similar concerns: They were worried about a real estate market crash. As we’ve seen a strong upward trend in the housing market this Spring, you may be relieved to know that we are only 1-5% off the … Continued
Yes! Buying a home in Seattle is hard. If you think it’s not the right time to buy because #reasons, I hear you… we have been having chitter-chatter for the last year or so about interest rates, affordability and recession concerns. You’re not wrong. So, when’s it going to be the best time to buy … Continued
The thing about a changing market is that it can get a little bit choppy and things don’t always go your way. Sure, it’s easy to sell a house in a great neighborhood, in great condition, but what happens when you have a house that needs a little more TLC that’s priced at the top … Continued
Dear New Real Estate Investor I Talked To Last Year…. Of course I remember you. Thanks for reaching out. You are right that the whole market has slowed down since mid-2022 when they started cranking up interest rates so aggressively. Additionally, a lot of people were relocating because of covid – either to go to states … Continued
Thinking about renovating your house before you put it on the market to sell? This may, or may not be a good idea! It’s NOT a foregone conclusion that you’ll get your money back if you do expensive repairs. This article is meant to help you decide whether or not you should invest in those … Continued
Is selling a house with tenants even a possibility in Seattle, WA? The good news is: Yes! Houses and apartments with tenants in them sell all the time. But it’s not as straightforward as selling an unoccupied house or owner occupied house. If you have a lease in place with your tenants (whether implied or … Continued
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