Snohomish, WA · Member since 2020 · 20 posts · 4 votes
Hey all,
I'm hoping to get to know more investors in my area. My business name is North Star Homes and, let me get this out of the way, I'm a newbie. My primary interest at the moment is flipping homes between Monroe and Everett, Washington. However, in time I hope to branch out into rentals in Western Washington and other states.
So much to learn. I am still working a day job and working with an agent trying to find a distressed property that I can make money on. I welcome any contractor referrals, as well as any advice or conversation from other investors.
Investor / Lender · Seattle, WA · Member since 2014 · 1k+ posts · 730 votes
6y
It's hard to find good deals to flip on the MLS. Most flippers tend to buy off-market, whether through their own marketing or through wholesalers. Or sometimes their real estate agent is well-connected to bring them these leads as well.
Go to local meetups in the area and network for deals. There's not that many real estate meetups in Snohomish county (much more in King and Pierce), but if you're able to make it to one of Tarl Yarber's Fixated evening meetups in Bellevue, I think it'll be worth your time.
Real Estate Agent · Mukilteo, WA · Member since 2018 · 124 posts · 148 votes
6y
Hello! I'm in Everett, Wa. As of right now I have 2 investment property rentals in Everett and am currently building my new primary residence in the Lynnwood/Mukilteo area. I'm a Boeing Engineer but am looking to invest more in real estate later this year.
Lender · Seattle, WA · Member since 2014 · 2k+ posts · 899 votes
6y
William - welcome and thanks .... if you will need financing to purchase ....make sure you get yourself pre approved before you begin searching / looking for properties ......will you be wanting to do this under your name or under your business name ? getting loans in personal name easier and better priced as compared to under a
Lender · Seattle, WA · Member since 2014 · 2k+ posts · 899 votes
6y
William - welcome and thanks .... if you will need financing to purchase ....make sure you get yourself pre approved before you begin searching / looking for properties ......will you be wanting to do this under your name or under your business name ? getting loans in personal name easier and better priced as compared to under a business name
Investor / Lender · Seattle, WA · Member since 2014 · 1k+ posts · 730 votes
6y
It's hard to find good deals to flip on the MLS. Most flippers tend to buy off-market, whether through their own marketing or through wholesalers. Or sometimes their real estate agent is well-connected to bring them these leads as well.
Go to local meetups in the area and network for deals. There's not that many real estate meetups in Snohomish county (much more in King and Pierce), but if you're able to make it to one of Tarl Yarber's Fixated evening meetups in Bellevue, I think it'll be worth your time.
Hi and welcome. I am an investor with interests in Greater Seattle Area. Just purchased my first commercial real estate in everett.
Happy to discuss and explore further.
Thanks
GM
Can you share details about your commercial property in Everett? Purchase price, cap rate etc? I own lots of residential in Everett and keep thinking about venturing into commercial....
I'm hoping to get to know more investors in my area. My business name is North Star Homes and, let me get this out of the way, I'm a newbie. My primary interest at the moment is flipping homes between Monroe and Everett, Washington. However, in time I hope to branch out into rentals in Western Washington and other states.
So much to learn. I am still working a day job and working with an agent trying to find a distressed property that I can make money on. I welcome any contractor referrals, as well as any advice or conversation from other investors.
I'm hoping to get to know more investors in my area. My business name is North Star Homes and, let me get this out of the way, I'm a newbie. My primary interest at the moment is flipping homes between Monroe and Everett, Washington. However, in time I hope to branch out into rentals in Western Washington and other states.
So much to learn. I am still working a day job and working with an agent trying to find a distressed property that I can make money on. I welcome any contractor referrals, as well as any advice or conversation from other investors.
Mukilteo, WA · Member since 2016 · 80 posts · 35 votes
5y
Hi -thanks for starting this thread William and welcome to the BP forums! Great to 'meet' other local investors - we've been investing in Snohomish Country since 2013 - started w/ SFRs and now small multi-s. Would love to connect w/ others in the area and swap best practices/ideas or resources! We actually may be looking to sell a Lake Stevens Duplex before the end of year!
Realtor · Lake Stevens, WA · Member since 2018 · 122 posts · 91 votes
5y
Hi William and welcome to the BP forum. I am a realtor and investor in the area and love meeting other like minded people. You wouldn't happen to have any relation to Ed and Seth Fifield, would you?
Investor · Lake Stevens, WA · Member since 2016 · 36 posts · 19 votes
5y
@Jennifer McElliott I would be interested to hear about that Duplex. I live in Lake Stevens. Tough market to buy in but everything is always worth looking into! :)
Mukilteo, WA · Member since 2016 · 80 posts · 35 votes
5y
Hi @Matthew Kimball - yes we were going to list it, but then found that the neighbor home had been purchased recently and they were interested in our plat as well, so we are now in contract w/ them and are set to close in early Dec. Definitely is a hot market there!
Real Estate Broker · Edmonds, WA · Member since 2020 · 54 posts · 32 votes
5y
@William Fifield
Hi William
I am a Real Estate Agent that focuses on investments and also own multiple commercial buildings in snohomish county! I can help you with many contractors and also help you find properties if you are interested! While I specialize in Multifamily and commercial, I can also help you on your fix and flips. Just shoot me a message if any of this interests you!
Real Estate Broker · Edmonds, WA · Member since 2020 · 54 posts · 32 votes
5y
@William Fifield
Hi William
I am a Real Estate Agent that focuses on investments and also own multiple commercial buildings in snohomish county! I can help you with many contractors and also help you find properties if you are interested! While I specialize in Multifamily and commercial, I can also help you on your fix and flips. Just shoot me a message if any of this interests you!
I'm a newbie from Lynnwood looking for house hack or BRRR by Mid May 2021. Any specific groups or meet ups anyone can recommend so I can start getting connected? I'm a planner so really want to understand what I need to do to accelerate my goals of reaching 24 doors in 6 years to maybe 2 or 3 years. Thanks in advance!