If you are a multifamily / apartment investor/owner (or would like to be), this looks to be like it could be a very good investment. 10 units – all two bedroom, 1 bath with laundry. Rental income currently $9425 a month, but can be improved – 8 units currently rented below market. If you are…
Category Archives: Real Estate
Professional Protection for Your New Home
Buying a new home brings up a lot of questions for you and your family. Obviously, you want to select a location, and a home, that is comfortable for yourself and your loved ones, and that you can envision yourself being happy in. However, purchasing a new home isn’t only about comfort or aesthetics, or…
Some Northwest MLS brokers say September activity reflects “healthy activity, positive trends” – Do You Believe Them
Here is today’s media release from the NWMLS about the performance of the local real estate markets in September. This month I am actually leaving in all the BS Pollyanna-ish commentary so that you can have a chuckle. (PLEASE do not believe what these people continually tell you – Lawrence Yun is the NAR “Economist”…
The Real Estate Swagger Rap – by the Tom Ferry Training Crew
Coach to realtors, Tom Ferry and his crew have put together this amusing real estate rap video – and it actually tells a pretty accurate story of what has happened to the real estate market, locally and nationally. Credit for me seeing this goes to Stacia Loo of Thach Real Estate Group who posted it…
Four Homes in Medina Sold for Over $1 Million in Past 30 Days
According to data from the broker-owned Northwest Multiple Listing Service, there have been four homes sold in Medina during the past 30 days. They all sold for over 1 million dollars with a range of $1.185 million paid for a 3,330 square foot home that was listed as both a house and a condo, to…
HUD launches the Emergency Homeowners’ Loan Program (EHLP) – Washington Residents Eligible for Assistance
This is a media release that was sent to me for BellevueBusinessJournal.com, but I wanted to post it here so that my real estate clients and readers can learn about it here first. On June 20, 2011, the U. S. Department of Housing and Urban Development (HUD) in conjunction with NeighborWorks America launched the Emergency…
Investor Alert: West Bellevue Fixer or Tear Down May Be Available for a Steal
This house is in a neighborhood with a growing number of $1 million plus homes. It is 3 bedrooms, 2 baths, in a state of disrepair, but I would probably do a lot of cleaning, landscape maintenance, some paint and flooring and then rent it out until it is time to build again. Then again,…
Are You Freaking Out Over Your King County Tax Assessment?
It seems that I’ve talked to a number of people in the last week who are very concerned about their most recent tax bill – it’s too low? Too many people look at their tax assessments and use that as another sign that their property value is going down. While there has not been a…
Thinking About Selling Your Eastside Home?
If you are considering selling your Eastside home, please give me a call to discuss – 425-213-4716. I can tell you what is happening with the current market in your neighborhood and give you my professional advice geared toward you and your current situation. If I don’t think it is time for you to sell,…
Bellevue is Fortunate to Have a Developer Like John Su
I just followed a link on the Bellevue Downtown Association website to a website for Vertigo, which closed some time ago. I was surprised the link was still up, so I actually called the number on the website and it had been disconnected – I was hoping somehow it had come back to life or…
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