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All Forum Posts by: Adrian Chu

Adrian Chu has started 76 posts and replied 1368 times.

Post: House Flipping on Long Island

Adrian ChuPosted
  • Real Estate Broker
  • Seattle, WA
  • Posts 1,484
  • Votes 425

Hi Dennis,

Great to hear about your real estate story.  Having a reliable team of tradespeople is a good first step - that is a critical component of a successful project.   Mind sharing how you built your team?

In terms of analyzing the rehab projects, I would consider how much profit can be made and then you can determine if it meets your investment criteria.  A deal that is good for Person A may not always be a good fit for Person B and vice versa.  

You also mentioned that property and taxes are expensive.  Assuming the worst possible case, will you still be able to afford holding on to the property while it is on the market?  

Best of luck.

Regards,

Adrian

Post: good things coming for Birmingham in 2015

Adrian ChuPosted
  • Real Estate Broker
  • Seattle, WA
  • Posts 1,484
  • Votes 425

Hi Jarrod,

Thanks for sharing.  Always good to learn about the real estate market and trends in other parts of the country.

Regards,

Adrian

Post: Cash purchase without realtor in North Carolina

Adrian ChuPosted
  • Real Estate Broker
  • Seattle, WA
  • Posts 1,484
  • Votes 425

Hi Richard, 

I am curious about your motivation to work without a real estate broker.

If you don't want to work with a real estate broker, have you thought about getting your own real estate license?  At the very least, that will give you an access to properties and knowledge that may not otherwise be available to the public.

However, keep in mind, it takes years of hands-on brokerage experience to learn how the real estate marketplace works.  But, it is never too late to start if you are interested in doing so.  For example, when purchasing bank-owned and short sale properties, there are certain tactics that can be played in order to win a deal, by knowing the servicer's process to selecting and/or approving a buyer's offer.  

I am a real estate investor and broker myself.  Over the years, I have enabled many partners to build wealth and become financially secure from real estate through opportunistic and value-added investment philosophies. 

Good luck.

Regards,

Adrian

Post: Newbie from Seattle

Adrian ChuPosted
  • Real Estate Broker
  • Seattle, WA
  • Posts 1,484
  • Votes 425

Welcome to BiggerPockets.  I am a real estate investor / broker in the Seattle area.  Would love to connect and learn from each other.

Post: Use one interior paint color for all flips and rentals!

Adrian ChuPosted
  • Real Estate Broker
  • Seattle, WA
  • Posts 1,484
  • Votes 425

Great. Thanks for sharing!

Post: I bought my wife a brand new car for Christmas for only $10,000

Adrian ChuPosted
  • Real Estate Broker
  • Seattle, WA
  • Posts 1,484
  • Votes 425

Well-written.  Would be an inspiring lesson for my friends that chose to buy a luxury car before their first property.

Post: Hello from Olympia WA!

Adrian ChuPosted
  • Real Estate Broker
  • Seattle, WA
  • Posts 1,484
  • Votes 425

Welcome Eric!  

Post: Greetings from Seattle, WA!

Adrian ChuPosted
  • Real Estate Broker
  • Seattle, WA
  • Posts 1,484
  • Votes 425

Hello!  

Happy New Year!

I am a Real Estate Investor and Broker from Seattle.  Over the years, I have enabled many partners to build wealth and become financially secure from real estate through opportunistic and value-added investment philosophies.  

Looking forward to meeting with other members here to continuing learning / growing!

Regards,

Adrian Chu

Horizon Real Estate