All Forum Posts by: Ran Iarovich

As Henry mentioned, being able to prove this dates will be of utmost importance. Keep all of your records. 

probably the best way to learn the real estate industry. you literally underwrite deals as your job and can consider any investment as your own. 

My first instinctual thoughts are that this deal is more appreciation focused than cash flow-focused. If you are someone who is relying on cash flow for their investment I will continue to look for other deals. Imagine if one of your metrics is slightly off (such as the vacancy rate) - you'd either be breaking even or losing money on the deal. On the other hand, if you truly have done your research in this area to support the longevity of this investment and you plan to own it for 5+ years I could see the appreciation alone making sense to go forward with it. 

How do you recommend to distribute your paycheck. What percentage should go into taxes, investments, personal use, savings, etc. Do you you even recommend living by these principles? 

I want to hear your thoughts on how you calculate the risk of failure for investing in real estate. As someone who has invested in equities my whole life I was trained to look at the WACC value or Beta of risk based on the fluctuation of similar equities. On the other hand, in real estate there are different metrics based on the type of investor you are. Do you calculate how much time you have to put into it? What about the risk of default? Do you mainly go on your gut instinct? I want to hear your thoughts and please feel free to be as creative as you want. 

As mentioned by the forum - I would also highly recommend Shoreline based around its great appreciation potential and existing safety/amenity value over West Seattle and Rainer Valley. As it is still developing, it would be fair to say that rental rates are going to keep increasing depending on how long you own the property. On top of that, I checked the current prices considering your budget in mind and Shoreline has the most inventory and options available out of Rainier, West Seattle, and Beacon Hill (view below). 

Absolutely love this. Moving into a home is not just a "buying" process or just a way to build equity. It is a completely different experience that will change the trajectory of your life. 

I usually go for NO HOAs but that is all based on the listing price. 

I would highly recommend that you check out Bothell. The average appreciation in that area is around 6%. Close to Kirkland and Seattle. Home prices are also fairly cheap in that area as more and more expansions are being made. I made a quick search for you for off-market and active listings and have found plenty of options. Adding on, sometimes you can afford much more than you think you can. I would recommend talking to private lenders to develop a preapproval on your specific income - you might be surprised how low of an interest rate you can score yourself. 

Hi Jennifer, I can confirm that you can't deduct anything if you business was not active. For 2023 though, I would consider setting up some tax segregation strategies so that you can deduct the home expenses as they depreciate. Here is a quick video to recap what I'm referring to:  

Let me know if you want help in setting this up.