All Forum Posts by: Julien Jeannot

@Maxine Taylor

Welcome and well done!

When I look back at my purchases, I though I overpaid too. Now it looks cheap and I should have bought everything I could get my hands on. 

Surprisingly, my condos have the greatest average yearly appreciation in my portfolio.

@Sean Petrie

Yes, times are tough for buyer. Adjust your strategy to match the market.

Find an add value and play the long term game. The good deals are unicorns.

@Todd Hotes

Welcome!

@Landon Moore

Well done!

@Joshua Smith

One is never prepared enough, don't let that slow you down. I started before BP and the ridiculous amount of books and podcast we have these days. In a sense, it allowed me to jump in and figure things out along the way.

What was unexpected: I thought everything I bough I overpaid for, looking back, it was cheap and should I have bought more. Thinking long term is the way to go.

@Nando Nachi

Your budget will dictate where you buy in in the Seattle Market.

Plenty of areas on the rise especially with low inventory.

With Condo, keep in mind some HOAs will have to weight in on structural changes.

When it comes to schools, most buyers laser in on the school district. I'd advise to assess the actual school instead. Good and bad schools in both "good" and "bad" districts. Use Niche.com to dig in.

@Raj Goel

Start with the vision, your resources and play out the math. Either strategies can work.

Keep in mind:

- Risk tolerances

- Market appreciation

- Tax benefits

- Managing from afar or close by

- Expertise

- Time available to dedicate to projects

@Julie Washburn

Unless this situation is covered in the lease I would not do it.

Loss of revenue can be covered through an insurance policy, something they would have to have set up.

If its their fault the pipes froze, they are likely on the hook for the damages, check the lease.

@Jason Henry

Welcome!

@Thomas Solorio

Reach out to a 1031x coordinator or a title & escrow company that offers that service for advice.

I'm pretty sure going to your primary home would have unpleasant tax implications.