All Forum Posts by: Michael Liddicoat

Seeing it here on the East side of the state too.  Running through my calculators and multiple have 0% cash on cash returns.

@Josh Giudice,

It bums me out to see that no one replied to you.  Please hit me up at your convenience.  I can talk about the market in Eastern Washington and introduce you to some of the other investors, wholesalers, and like minded people that you can add to your team of deal finders.

Hi Sean,

I'm not in the Seattle area (Eastern Washington is my home), however I would mirror @Jason Wray to post here. You should also find either Fixated on Real Estate or Washington REIA facebook groups. Those 2 groups are filled with the exact people you mentioned.

There is also a Pacific Northwest Real Estate Expo coming up that will have sessions focused on networking:  https://www.pnwrealestateexpo....

@Daniel O. I'd suggest you connect with Kayla Spain in Yakima. You can find her through our facebook group: Central Washington REIA. She was our speaker last month and she's flipping houses in this market with on market deals her realtor is finding.

Tonight's topic is flipping.  Come meet Kayla Spain who is doing 2 flips a quarter and living a four day work week.

Come to meet investors and learn about off market deals.

Join investors from around Central Washington to learn about exit strategies for your flips or buy and hold deals.

5pm - Networking

5:30pm - Intro

5:35pm - Dissecting a Deal

5:50pm - Exit Strategies

6:25pm - Closing

6:30pm - Networking

@Brendon Lindsey welcome to the neighborhood. If you and your brother in law are looking for a REIA group, we meet on the 2nd Tuesday and the last Wednesday of each month. Good hunting!

@Neal Collins Yakima area has an extremely low vacancy right now. Depending on the property manager, it may be as low as 3%. It's possible to still find off-market deals with 9 - 10% CAP rates, though you have to really look for them. On market will generally get you 6% CAP. Plus you're not fighting foreign capital to buy property.

I went last year and was amazed at the caliber of investor that I met. This year, I purchased my tickets early, I'm bringing some of my buyers, and I'm telling everyone in my local REIA that they should go. This is a unique opportunity to hear from and talk with people doing deals, changing life trajectories, and building a business. Way to go @Tarl Yarber

@Tony Wooldridge the meeting was good.  We had 37 people sign in and another dozen that choose not to sign in.  There was roughly 20% of the crowd that were first-time attendees.  The dissecting a deal was well received and since it was a current on market listing there were two investors that wanted to take a look.  The panel did a great job talking about why they choose to partner, why they don't like partners, and why they choose to invest in other real estate opportunities.  We had people networking and talking deals for about an hour after the program ended.  I know it's a long way, but hopefully, we'll put the next program up on Facebook live.