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All Forum Posts by: Colleen Mitchell

Colleen Mitchell has started 2 posts and replied 3 times.

Post: Thoughts on Oyhut Bay, Ocean Shores, WA

Colleen MitchellPosted
  • Rental Property Investor
  • Bremerton, WA
  • Posts 3
  • Votes 1

We just moved to Manette, WA and took a weekend trip to Ocean Shores. Interesting town with run down shacks next to mansions and vacant lots—and you can drive on the beach?! Anyway, I haven’t been able to find any recent posts about Ocean Shores (is that a sign)? Wondering if anyone has had any success with the short term/ vacation rental market?. It appears as if the only “legally zoned” nightly vacation rentals are in Oyhut Bay and those properties are selling for less than they did in 2016.

Post: If everyone is looking for deals, how do you ever find one?

Colleen MitchellPosted
  • Rental Property Investor
  • Bremerton, WA
  • Posts 3
  • Votes 1
@Frank Wong @Simon W. Thanks for the questioning of what a “deal” means to me. Clearly I was short sighted in thinking we were all looking for the same thing. As a newbie, are there certain types of “deals” that I should focus on to get started? I’m more interested in cash flowing rentals vs flips...

Post: If everyone is looking for deals, how do you ever find one?

Colleen MitchellPosted
  • Rental Property Investor
  • Bremerton, WA
  • Posts 3
  • Votes 1
Hi, new to BP and I‘m wonderIng how I’ll ever be able to find a deal? If a deal makes sense, then I can‘t be the only person runnIng numbers and thinking it’s a good deal. Is it wrong to assume the “market is smart”, generally has access to all the same info I do (maybe more), and snatching all the good deals up? I’m all about being positive, but I think reality is a good perspective as well. Any thoughts would be appreciated!