All Forum Posts by: Branden Raftery

Best piece of advice is to just take a leap of faith. You will never fully learn everything you need to learn without hands on experience in this industry. Books, podcasts and Youtube are a great starting point but the only way that you will grow is to get into the game.

I highly recommend hiring a property manager - I have a great one, message me for a referral to her!

We used to self manage our rentals, but given there's now not only state and county rules but every individual CITY has decided they want their own rental regulations its no longer worth trying to keep up with the regs. Your job as an investor is to find good opportunities, and I've found that once you get past 1-2 properties the burden of property management slows your ability to find those opportunities. We're at 13 properties now, and property management has been huge for us as we're infinitely scalable now.

I know I didn't answer your question haha, but still wanted to give my two cents from my experience. Good luck!

@Branden Raftery The State of Wa is tenant friendly and becoming more difficult for LL every time new rules/laws are passed. Worst of course is Seattle and Tacoma likes to follow suit. 

WLA and really thorough screening does help. We have rentals in Tumwater, Shelton and Aberdeen. Investing OOS is not an option for my wife and I anymore. We are retired and invest max one hour from home. So far things are good.

Let's bend an elbow sometime!