All Forum Posts by: Emily Hazard

Hey Ethan! Would love to connect. I am an agent too, but have a portfolio of investments in the Edmonds and Snohomish area! 

I understand the need for low income housing. I understand that we are in a housing crisis. However, rent control will not open up more housing. The mom-pop owners are going to be pushed out and there will be less product available to rent. Currently, it is nearly impossible to buy a rental and make a profit due to the high cost of entry coupled with the new interest rates. 

"4-4-4" Morgan Stanley sees an environment in the future with 4% Fed rates, 4% inflation and 4% unemployment..... Do you think this is accurate? What are your thoughts?

No way! HAHAHA

You could also speak with the seller and see if they would be willing to do a seller financed deal. This way you can pay what you want upfront, and probably get a lower loan amount. The seller will get close to their asking price, and free of the hassle of management. This is happening all over Washington due to the new loan limits and seller's not wanting to come down. I would call the agent of the apartment and ask if they would be open to seller financing. You would need a real estate lawyer and I am happy to hook you up with a great one ;-) 

I have been hanging out with them personally. It's my job to know a number of different lenders, but I tend to search for folks who are also personally investing. I want to be around people that are thinking creatively to try and fund their own deals. When we get together it's hard to stop us from rolling through all of our ideas. 

Hey Tyler, which area are you interested in?

Have you done any searches on airdna or pricelabs? We have a monthly subscription to  pricelabs to help us set our range. If it’s not booking, you adjust! 

It sounds like you need it rezoned for multi-use. I would speak with the city about how to change your zoning. 

Hey Kobe, I own three rentals in the Washington area. I am also searching for new connections. Would love to grab coffee and swap stories!