Buying a Dream Home Using Airbnb to Offset the Mortgage
Thursday, September 24
Investing Goal: Afford a Beautiful Personal ResidenceOne of the primary goals I wanted to achieve through real estate investing was to afford a personal residence with some extra-special natural surroundings. As I honed in on this wish, I identified the coastal area north of Seattle as my target...
Leaving a Corporate Job to Pursue Freedom
Saturday, April 04
Fresh out of college, I moved to Seattle in August 2002 and excitedly started a full-time job at Microsoft. Four years later October 2006, I left to pursue greater freedom of lifestyle.Leaving Microsoft was a defining moment in my life and one that I am often asked about. I didn't leave to purs...
Building a Rental Portfolio Through "Long-Term" Flips
Thursday, April 02
When purchasing undervalued/distressed investment properties, people usually talk about items #1 and #2 as the primary purposes for a given property purchase. I'd like to add a third to the list the list:1) Buy-and-Hold2) Flip3) "Long-Term" FlipTraditional FlipThe usual timeline for a flip is as...
Game Plan for Acquiring 50 Units in 3 Years
Friday, March 27
There are many paths that a real estate investor can take, and there is no “one” way. I think it is worthwhile for successful investors to share their paths, because others may follow a similar route. Or, there may be one a small aspect or angle that another investor can pick up on which shapes ...
Concrete Goal for Real Estate Beginners: Find and Execute *ONE* Deal
Friday, March 27
As a beginner to real estate investing, it is one thing to intellectually understand the principles of cashflow, passive income, appreciation, leverage, and tax benefits. It is another thing to put those principles into action and actually purchase properties. This is where many of the well-kno...
Keys to a Successful Partnership
Tuesday, March 24
In building my rental portfolio, partnerships have been not only helpful but completely essential. These are the key principles I've identified in finding a developing partnerships:NecessityEach partner ought to bring something to the partnership which is a necessity to the other partner. You m...