Learning my market: MFR rents
Saturday, February 15
As I mentioned in my previous post, I've written the first draft of a business plan. I want to buy and hold multi-family properties in about a 5 mile radius from my home in Tacoma. But I suspect that there are not enough MFRs in this area for me to meet my goal of 20+ doors in 5 years. So be...
Biz plan
Thursday, February 13
Using the BP getting started guide, here is my initial stab at a business plan. I'm currently letting it sit for a couple weeks while I browse BP and the interwebs. My chief concern initially is that there are not enough of the deals I'm looking for in the areas I'm looking in for the goals I...
Initial Timeline and Benchmarks
Wednesday, February 12
*I've actually already written my business plan and now I'm just sitting on it while I browse the MLS and see what the market is like. Basically, I'm letting the plan age a bit before I run out and act on it. If my plan is too restrictive it's better to know it now rather than later. Proce...
First Post
Tuesday, February 11
I wrote this first post a few days ago, but then a 4 year old shut down my computer before I published it. Apparently this blogging software doesn't autosave as you write. It ain't Gmail. Rather than recreate what was lost, I'll give the summarized version here. Personal Background: ...