All Forum Posts by: Tyler Barranger

Hey Preston,

Welcome to the multi family family! If you get a chance take a look at the Spokane market, doing very well! Vacancy rate is extremely low and you can get much more for less in this area. If interested shoot me a message. I also have a great lender you could work with.

Thank you

Hey Adam, Welcome to the family and the exciting world of investing. Check out the Spokane market, some great opportunity with very low vacancy rates. Shoot me a message, would love to chat with you.

Hey, good evening, just came across your post. Did you make it to the great Pacific Northwest? If so PM would love to chat

Hey, good evening, just came across your post. Did you make it to the great Pacific Northwest? If so PM would love to chat

@davidlowe, great idea! You don’t need much to get started and nothing wrong with starting low and moving slow.

Go with your gut! It is there for a reason. Also, be careful with what others are posting as “good sources”. This market is cut throat and investors or real estate brokers will eat you alive if given the opportunity. Do your research, talk to all walks of life and do NOT forget, find yourself a real estate broker that you can befriend, they work on commission and most of them are go getters.

Hey Tim, I am a real estate broker in Spokane welcome to BP, let’s chat sometime.

Hello Brian, Have you looked into the eastern Washington area, Spokane? The mf market is doing real well. I would be happy to get you set up to receive listings. Shoot me your email when you have a chance.

Hello Melanie, You have gotten some good advice from fellow BP’s. A $100,000 is a large down payment and you have many options to juggle. Have you thought about investing outside of Western Washington and going east? The Spokane’s MF market is doing well with a 1% and under vacancy rate it would not be a bad idea to look into. You could put $100,000 down and finance 100-150 and purchase a duplex or tri-Plex that would net you a significant amount in Spokane. If you would like me to send you a few properties I would be more than happy to.

Hey Jacob, Sounds as if you are on the right track. I would recommend finding a good market and a good real estate broker to help find the property that will give you a good return. Also, depending on the market, the cap rate is an important number. Currently the Spokane market is roughly 7-8% cap rate and if you get above an 8% cap rate I would say you are doing well. I am currently looking to add a couple investors to my portfolio in Spokane wa if you are interested shoot me a message.