Structuring a Partnership
“I’m thinking about partnering with someone, what is the best way to structure a partnership?” – Susan of Puyallup First off, partnerships can be absolutely wonderful and partnerships can be absolutely horrible. It really depends on who you are and who your partner is. I’m lucky to have had the same partner in our business […]
Wholesale Real Estate Investing Defined
Wholesaling is a term used quite often among real estate investors, but do you know what it means? Wholesaling is when a wholesaler (individual or partnership) obtains an assignable contract to purchase a property from the seller and sells this contract to another investor. The contract generally has a fee attached and when the contract […]
Tenant Selection Criteria
“I’m in the process of completing my first cash flow property and I am getting ready to start thinking about tenants. How do you determine who will make a good tenant?” -Jim of Seattle, WA We highly recommend that new investors utilize a property management company. A well-run property management company will underwrite and screen […]
Residential vs. Commercial Real Estate Investing
I always think it’s interesting when people feel as though they are proficient residential real estate investors that they can then jump into investing in commercial real estate. I look at each of these as two completely different businesses. There are some similarities, but there are more differences than similarities. A significant factor to consider […]
Want to get started in real estate investing? Here’s how!
What is the best way to get into real estate investing? It would be a disservice to myself not to pitch my own company and say that if you’re new and you want to get into real estate investing, we offer a class at our office every other Monday. You can sign up for it […]
Off-Market Defined
“I’ve heard the term off-market before but I don’t quite understand what it means, can you explain what an off-market property is in further detail?” – Linda of Kirkland, WA Off-market is a term used for properties that are not publicly listed. Off market properties are not publicly available for purchase. Off-market properties are acquired […]
Ask James Dainard: May
Ask James Dainard Q&A With a Local Expert in Real Estate Investing “I have recently listed a few properties and they each have multiple offers. How should I determine what is the best offer? In a few instances we have gone with the highest bidder and they end up backing out. – Margaret of Shoreline, […]
Ask James Dainard: April
Ask James Dainard Q&A With a Local Expert in Real Estate Investing “I am new to real estate investing, and I am unsure of where to start. Should I find financing or a deal first?” – Andrew of Seattle, WA Since you are a new investor, I recommend finding financing first. The last thing you […]
Ask James Dainard : March
Ask James Dainard Q&A With a Local Expert in Real Estate Investing “My house has been sitting on the market, what can I do to up the value without making significant changes to my home?”– Matt of Auburn, WA Typically when a house is sitting on the market the problem is the price. But if […]
Ask James Dainard: February
Q&A With a Local Expert in Real Estate Investing “I am looking to sell my flipped investment property. What are things to watch out for in the buyer’s home inspection?” – Lisa of Issaquah, WA Every home is different, and depending on the size of the project there are going to be different inspection items. […]