All Forum Posts by: Michael Liddicoat
Michael Liddicoat has started 13 posts and replied 51 times.
Post: Legal Vehicles for Investor Partnerships

- Real Estate Consultant
- Tulsa, Ok
- Posts 56
- Votes 33
Hello fellow BP members! Please point me in the right direction to help the investors I work with.
Washington state is in a housing boom. I've got investors looking for multi-family from all over the state looking at Central Washington because their local markets are too hot and deals are hard to come by. The market here is not much better for existing multi-family. However, we have land that can be developed and our vacancy rate is between 1 and 2 percent in this county. Property management companies haven't been able to find a ceiling on rental rates. Existing single family portfolios are being sold to residential buyers and forcing tenants into a shrinking pool for rental housing. Several projects have been completed within the last two years for multi-family units but this is still no where near close to covering the demand. No single investor I work with has the capital to fund a project to develop new multi-family, but several are open to the idea of partnerships.
Here's the big question: What legal vehicles exist so that these investors can partner together on a new development while those that want to hold onto and manage the properties can seperate easily from those that want a return on the development? Maybe this isn't even the right question. Please let me know if there is a better way to think of this problem if I'm not on the right track.
Post: Seeking Contractor Advice

- Real Estate Consultant
- Tulsa, Ok
- Posts 56
- Votes 33
if you have permission from the owner, you can take anyone through.
How extensive is the work?
Post: requesting a Tri Cities, WA sub-forum

- Real Estate Consultant
- Tulsa, Ok
- Posts 56
- Votes 33
The more places for investors to find each other in their markets, the better.
Post: Inspection period

- Real Estate Consultant
- Tulsa, Ok
- Posts 56
- Votes 33
Post: New Member from Tacoma/Puyallup, WA

- Real Estate Consultant
- Tulsa, Ok
- Posts 56
- Votes 33
Post: New to the site and curious about something

- Real Estate Consultant
- Tulsa, Ok
- Posts 56
- Votes 33
Post: Real Estate Newbie Advice

- Real Estate Consultant
- Tulsa, Ok
- Posts 56
- Votes 33
Post: Investor from Washington State

- Real Estate Consultant
- Tulsa, Ok
- Posts 56
- Votes 33
Post: From Washington State

- Real Estate Consultant
- Tulsa, Ok
- Posts 56
- Votes 33
Where are you pulling your comps from? MLS or another source?
Post: New member from Western Washington.

- Real Estate Consultant
- Tulsa, Ok
- Posts 56
- Votes 33