New to Real Estate · Tacoma WA · Member since 2018 · 6 posts · 9 votes
Hey Everyone! I am starting my real estate journey after a few years of research on biggerpockets, different books, and podcasts. I am very excited to start house hacking with my family in the Tacoma area of Washington state. I have recently moved there and am learning all I can about the area. Please feel free to reach out to me with any helpful suggestions or just to say hi. Thanks
Real Estate Agent · Redmond, 🌧️ Seattle Investor-Agent | 🤑 Helped 400+ Clients Invest in Real Estate | 🏘️ Owns 23 WA Rentals & Airbnbs | 🏗️ Built 5 DADU's | 📈 You Can Do It Too · Member since 2016 · 724 posts · 3k+ votes
6y
Welcome @Michael Stout! We lived in Tacoma for 4 years (Seattle now) and two of our closest friends own numerous properties in Proctor, the North End, and Hilltop. You're on the right track- we've grown our portfolio from nothing to 6+ properties by househacking, there's really no better way to get started!
There are still some good multi-families in Tacoma, and plenty of properties where you could add a MIL / ADU by finishing out a basement with its own entrance. If you go that route make sure to pay attention to the expensive stuff- plumbing location, presence of egress windows, and ceiling height.
Let me know if you'd like to grab coffee and talk more about house hacking in Tacoma. Cheers!
Real Estate Agent · Redmond, 🌧️ Seattle Investor-Agent | 🤑 Helped 400+ Clients Invest in Real Estate | 🏘️ Owns 23 WA Rentals & Airbnbs | 🏗️ Built 5 DADU's | 📈 You Can Do It Too · Member since 2016 · 724 posts · 3k+ votes
6y
Welcome @Michael Stout! We lived in Tacoma for 4 years (Seattle now) and two of our closest friends own numerous properties in Proctor, the North End, and Hilltop. You're on the right track- we've grown our portfolio from nothing to 6+ properties by househacking, there's really no better way to get started!
There are still some good multi-families in Tacoma, and plenty of properties where you could add a MIL / ADU by finishing out a basement with its own entrance. If you go that route make sure to pay attention to the expensive stuff- plumbing location, presence of egress windows, and ceiling height.
Let me know if you'd like to grab coffee and talk more about house hacking in Tacoma. Cheers!
Real Estate Agent · Seattle, WA · Member since 2016 · 307 posts · 191 votes
6y
Hi @Michael Stout! Welcome to BP and the Tacoma, WA area, and the world of real estate investing! Definitely look into househacking and/or a live in flip. It is one of the best ways to get started! My wife and I used a live in flip to help us get started and pay off all of our student loans.
We currently own and self manage several rentals in Tacoma, WA and are very familiar with the area! See you around the forums!
Real Estate Broker · Tacoma, WA: 🏢 27 LTRs 🏡 3 STRs · Member since 2018 · 546 posts · 456 votes
6y
Congrats @Michael Stout and welcome to the Puget Sound! I live in the Auburn area with a co-working space in Tacoma. I'm down there all the time. Happy to connect and swap investing stories. My brother and I did our first BRRRR last year in S. Tacoma and closing on our first Airbnb property in Ruston this month. I'm always open to meet up for coffee (or beer) and chat real estate. Best wishes on your goals!