All Forum Posts by: Timothy Tooker

@JT Johansen

Going to be difficult to find sub 100k Rentals within 1-2 hours of Seattle. You did not mention if that was with or without renovation? You might be able to find something for 100k, but it is going to need to be renovated.

@Sid Siddig

It is absolutely a great idea and possible. The most expensive cost is the initial cost to become an agent. People who tell you that you have to have a certain amount of money to be an agent are mistaken. If you want to become a mega agent or have leads come to you, then yes you will need to have an advertising budget or an amazing sphere of influence. I am a part time agent (Still active duty military) and will gross over $100K GCI this year. When you are first starting out focus on being a buyers agent.

Cost breakdown:

Real Estate License: Unknown, depends on your state and if you take online or sit in class.

Realtor Union Dues: Can be avoided if you go to a brokerage that does not force you to pay them.

Brokerage Fees: Depends on brokerage (there are brokerages that you only pay when you close a transaction)

Open House signs: Buy them after your first deal if you are low on cash. If not make some, go down to one of the tech colleges that has woodworking and ask them if you provide the wood can they make you some signs.

Advertising: $0... Use Social media; word of mouth; Going to events and talking to folks is free, just cost you gas money.

Lead Generation: $0 - $200....... Do open houses for other agents (Free, only cost is gas and time); Door Knocking targeted neighborhoods (Minor; Business cards/Door hangers); Sphere of Influence - Make sure you let everybody know what it is that you do (Somebody will use you); Go to free events and just talk to folks about real estate (YOU WILL GET CLIENTS); Use biggerpockets - by staying active and answering questions on this website (YOU WILL GET CLIENTS).

If you sell one house a year as an agent it pays for itself. Be smart with your money, the wolves will come out of everywhere telling you that you have to have this program to be successful. ********!, you only need you to be successful.

Good luck

@Michelle K.

What part of Washington State?

@Landon Dolezal

Have you looking for a GC to walk potential properties with you or give you a bid on a property that you already own?

Did you sell your other house?

@Jacob Burns

Welcome to Bigger Pockets.. This is an amazing place to learn and stay in the know about RE investing.

I am active duty also, if you have any questions just let me know and we can meet for coffee on JBLM.

Good luck

@Blake King

Do the cram... That book/course alone will make you pass the test.

@Stephanie Soltero

I invest and assist other investors in Pierce county.

@Blake King

Just depends how you learn best... For me, was cheaper & faster to do it online than in a class. I like the self paced atmosphere.

@Rob Jones

There are a ton of great area's. Puyallup, North & Northeast Tacoma, Steilacoom, University Place, Dupont, Sumner, Bonney Lake and parts of Lakewood. Lakewood, Puyallup/Sumner have park & rides for the Sounder Train if you did not want to drive up to Seattle.

You could also look in Federal Way & Auburn in South King county to put you closer to Seattle

Area's to stay away from: South & East, Hilltop area of Tacoma... Lakewood & Spanaway close to JBLM (Military Base), Midland, Parkland.

Pierce County is a strange area, as some cities very street to street.

@Blake King

Rockwell Institute is the best for Washington State as they help write the state test.. If you have any more questions feel free to ask... There are also ways to get discounts on the course.