All Forum Posts by: Tommy Chan
Tommy Chan has started 3 posts and replied 11 times.
Post: 4 plex vs Apartment ?

- Investor
- WA
- Posts 13
- Votes 4
this is a challenging question because there are so many different variables.
the important question is what is the investors goals? once that is defined than you can decide which one is more suited for the investors goals.
Post: Debt free. 6 apartments. What’s the best strategy to go bigger?

- Investor
- WA
- Posts 13
- Votes 4
you could do a 1031 exchange
Post: Multi Family Investment Story

- Investor
- WA
- Posts 13
- Votes 4
great job! that is a huge increase to NOI in 2.5 years
There are as many reasons to invest out of state as there are reasons to not invest out of state. There are people who are successful in out of state investing and some that fail miserably.
Success depends on the team you build and your knowledge you have that makes your deal work or fail.
Post: referral recommendation to replace rotten siding and fascia board

- Investor
- WA
- Posts 13
- Votes 4
i have some rot on the siding and fasica boards that need replacement. I'm looking for referrals thanks!
Post: Does anyone have a Referral for a Roofing contractor

- Investor
- WA
- Posts 13
- Votes 4
@Catherine German do you have their contact number. Thanks
Post: Does anyone have a Referral for a Roofing contractor

- Investor
- WA
- Posts 13
- Votes 4
Does anyone know of a good roofing contractor in the federal way, WA area. Thanks
Post: multifamily home insurance

- Investor
- WA
- Posts 13
- Votes 4
thanks
Post: multifamily home insurance

- Investor
- WA
- Posts 13
- Votes 4
which insurance companies do you use to insure your multifamily properties titled in and LLC?
Post: Single Family Home or Multi-Family First?

- Investor
- WA
- Posts 13
- Votes 4
There is no right or wrong way to do real estate; there is a easier way and then there's the learning way.
The most efficient way to generate cash flow is through multifamily properties. Work backwards identify how much cash flow you need and then calculate how many units you need to acquire to get that amount of cash flow.