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All Forum Posts by: Sherief Elbassuoni

Sherief Elbassuoni has started 15 posts and replied 851 times.

Welcome to BiggerPocket. You are in the right place to lean many things about RE investing.

Ask your questions and we are happy to help and support you!

Post: Looking for my first vacation rental in Washington

Sherief ElbassuoniPosted
  • Realtor
  • Bellevue, WA
  • Posts 882
  • Votes 1,968

@David Chang, I personally own STR and bought STRs for my clients.

You listed good options in here. We will need to run the numbers, check average occupancy rates, and for sure, double check the STR regulations since theyh keep changing

Post: Dishwasher Installation Issues

Sherief ElbassuoniPosted
  • Realtor
  • Bellevue, WA
  • Posts 882
  • Votes 1,968

You can consider other services like Thumbtack or task rabbit

Post: Search for CPA!

Sherief ElbassuoniPosted
  • Realtor
  • Bellevue, WA
  • Posts 882
  • Votes 1,968

My CPA is working with many real estate investors in the area. I am happy to connect you two

Post: FOR SALE: Turn-Key STR - 4bd/2br

Sherief ElbassuoniPosted
  • Realtor
  • Bellevue, WA
  • Posts 882
  • Votes 1,968

@Taylor Hazard, it is a beautiful listing. I will send it over to one of my clients

Some neighborhoods in Tacoma are not super safe, but we see more an more people prefer to live in Tacoma over other cities in Pierce county

Post: Young Homeowner Question-ADVICE NEEDED

Sherief ElbassuoniPosted
  • Realtor
  • Bellevue, WA
  • Posts 882
  • Votes 1,968

@Sevan Hoshor, it goes back to your end goal. If you plan to have a big portfolio by your retirement age, keep it.

If you are not fan of dealing with tenants or even dealing with property managers and the whole process is stressful for you, sell it

Post: Starting Out - Wholesaling and Flipping

Sherief ElbassuoniPosted
  • Realtor
  • Bellevue, WA
  • Posts 882
  • Votes 1,968

@Serge Vityukov, my advice it to watch your expenses. You can easily spend thousands of dollars on flashy stuff that can get you no results

Post: Inconsistent Off-Market Deals - Seattle...

Sherief ElbassuoniPosted
  • Realtor
  • Bellevue, WA
  • Posts 882
  • Votes 1,968

@Kabbie Konteh, you can pull data from data aggregator, and do cold calling

Post: Source Developers in the Seattle area

Sherief ElbassuoniPosted
  • Realtor
  • Bellevue, WA
  • Posts 882
  • Votes 1,968

@Emanuel Johnson, what is the zoning of the lot?

Different developers have different pay structure. Some of them prefer to be paid from the construction loan you are gonna take. Some others are willing to be partner with you in the deal, and take their money out of selling the properties,...