All Forum Posts by: Andre M.
Andre M. has started 1 posts and replied 39 times.
Post: New Member (Seattle, WA & Detroit MI Area)
- Investor
- Irvine, CA
- Posts 39
- Votes 3
Originally posted by @KYLE Z.:
Nice to meet you Kyle. Ironwood, MI bundle up my friend think its around -11F there tonight.
Post: New Member (Seattle, WA & Detroit MI Area)
- Investor
- Irvine, CA
- Posts 39
- Votes 3
Originally posted by @Karyn T.:
While I'm excited to be a noobie to "making money" in RE, I'm even more excited that my house, that we bought last fall, has already appreciated enough to break even if we need to sell. It almost makes up for losing our a-double-esses on our last house which we bought in DE in May 2006....and sold in Mar 2010. Still paying for that one (literally).
Maybe I'm getting all of my "noob" RE mistakes out of the way as a homeowner, which will make the transition a little smoother to "investor". ;)
Welcome! Feel free to add me!
Karyn, thanks for the welcome, nice to meet you. The markets here is WA are definitely heating up quickly with prices recovering. There is also a ton of new construction going on everywhere I look these days in both the King and Snohomish County areas of WA. I am glad your recent house purchase is working out well. I think most noobs and experienced investors alike took a haircut in property value if they purchased at market value around 2005-2008 =(.
Post: New Member (Seattle, WA & Detroit MI Area)
- Investor
- Irvine, CA
- Posts 39
- Votes 3
Randy thanks for the welcome. I spent a few years on the West side of MI in Kalamazoo and have also been to Grand Rapids a few times.
Post: New Member (Seattle, WA & Detroit MI Area)
- Investor
- Irvine, CA
- Posts 39
- Votes 3
Zach thanks for the info on the Snohomish County REI meetup.
Post: New Member (Seattle, WA & Detroit MI Area)
- Investor
- Irvine, CA
- Posts 39
- Votes 3
Thanks for the Welcome Patrick & Bill!
Post: New member in Seattle, WA
- Investor
- Irvine, CA
- Posts 39
- Votes 3
Post: Newbie from the Pacific Northwest
- Investor
- Irvine, CA
- Posts 39
- Votes 3
Post: New Member (Seattle, WA & Detroit MI Area)
- Investor
- Irvine, CA
- Posts 39
- Votes 3
Post: New Member (Seattle, WA & Detroit MI Area)
- Investor
- Irvine, CA
- Posts 39
- Votes 3
Hello,
My name is Andre. I have 10+ years’ experience buying, rehabbing and renting out properties. In the last few years I’ve recently accelerated my investment activity. In 2013, I became licensed Broker in the State of Washington & licensed Agent in the State of Michigan to help me in researching, spotting and structuring my investment deals.
I’m joining Bigger Pockets for Networking & Education opportunities. I’m interested it meeting likeminded investors and just staying in touch with the markets.
My Niche Specialty: Real Estate investing in the City of Detroit (It was my hometown for 25+ years and I know most of the neighborhoods very well. I own property within the city and also the metro area that I have been renting for several years.) To say the least it’s easy to blow/lose your investment in this area if your not very familiar with the city.
Currently, I reside in the Seattle Metro area. It’s largely opposite of the Detroit market. Currently the city of Seattle has very low housing inventory and the single family home buyer market is competitive. Recent information shows the Seattle (King County) area population continues to grow and has an average median sales price for single homes of ? $426,000 as of October 2013. This is down from a $500,000+ average price during 2007/2008 but the median has been steadily climbing back.
Thanks for taking the time to read my intro.
Andre