Flipper/Rehabber · Bothell, WA · Member since 2015 · 23 posts · 12 votes
Hi everyone!
My name is Min and I live in Bothell, WA, just North of Seattle. Me and my wife became landlords couple years ago after we rented out our Downtown Seattle condo to buy a house in Bothell, but that's the extend of my experience in real estate.
I discovered Brandon's book on Amazon.com, and since then, been soaking up as much information as possible through books, podcasts, and of course this awesome forum/website. Me and my wife are also planning on attending our first REI meetup put together by @Troy Fisher next Friday.
Currently, our first goal is to successfully acquire properties in the King and Snohomish county for cash flow (and possibly some appreciation). I've also been learning along the way regarding wholesaling and flipping houses, and intrigued by the possibilities there as well down the road.
The camaraderie and knowledge of this forum is amazing. I look forward to any advice you guys have for me to start my journey, and I also look forward to meeting some of the Seattle area veterans and newbies like myself next Friday!
Hey Min! Welcome. BP is a great resource. Bothell is a great place to start and it's one of the hottest areas around! Good luck and maybe we'll bump into each other at a REIA meeting sometime!
BP is a treasure chest full of useful resources. You will find resources here from blogs to pod casts and forums. You can also send messages to members which is my favorite part of the website.
Hey Min! Welcome. BP is a great resource. Bothell is a great place to start and it's one of the hottest areas around! Good luck and maybe we'll bump into each other at a REIA meeting sometime!
It's awesome to hear that you're taking advantage of BP's great resources. To learn more about properties that cash flow as well as appreciate I'd recommend Frank Gallinelli's book What Every Real Estate Investor Needs to Know About Cash Flow. Also, in this book you will learn two additional means (besides cash flow and appreciation) in which your property can build equity.
If you're interested in wholesaling and flipping in what @Dee Miles pointed out is "one of the hottest areas around," I'd recommend you check out BP Podcast #96: Finding Deals, Wholesaling, and House Flipping in a Hot Market
Specialist · Kirkland, WA · Member since 2013 · 1k+ posts · 817 votes
11y
Hey Hey! Thanks for the shoutout Min! I really think that keeping the pulse of Sound Transit is going to be the key to long term buy and hold strategy.
The SnoCo meetup with @Dee Miles was awesome! She attracts some pretty interesting people to her meetup!
Rental Property Investor · Seattle, WA · Member since 2013 · 2k+ posts · 1k+ votes
11y
Min, welcome to BiggerPockets! I'm a wanna-be Seattlite currently living a few hours south. I am so jealous that you'll be able to attend the meet-up, hoping to make one in the future. This site is great, be sure to set up key word alerts and listen to the podcasts!