Updated about 10 years ago on . Most recent reply
New Seattle-area investor
Hi, I'm Rick, and my wife and I are brand new investors from the Issaquah area. My day job has zero to do with real estate, but we've been thinking about investing time and money into this for a while with my wife taking the lead for most of it. Our ultimate strategy is to buy and hold 10 or so properties over the next few years for cash flow, mixed in the with the occasional flip.
After some initial research, we purchased a duplex just 2.5 weeks ago in Snohomish that was in ROUGH shape, and we're mid-rehab right now, managing the process and subs ourselves. I have no doubt that we could have done things better, but it seems to be going well in spite of our lack of experience. And truth be told, it amazes me how much we're enjoying every bit of progress that has happened so far.
Looking forward to participating in the BP community and learning from all of the great contributors on the forums!
- Rick