A Fourplex in Issaquah Washington

I freely admitted I could not remember the property. He (an engineer) had done careful research. I looked it up and did my own research. It was a quality property in an attractive area. So my clients made an offer on a fourplex in Issaquah Washington.

I went out and took this video before my clients made their offer on a fourplex in Issaquah. My rules of investing in real estate include some of the following:

1. Make sure it is reasonably close to where you live or work. Preferably not more than 5 miles away. Definately not more than 20 minutes away.
This fourplex in Issaquah Washington checked out.

2. Your property will determine what kind of renters you get. Make sure the property you choose does not eliminate the renters you want, and only attract the renters you do not want.This fourplex in Issaquah Washington checked out.

3. The condition and maintenance of the property needs to be appropriate to your skill level, your time available and your desire level. This fourplex in Issaquah Washington checked out. My buyers are both busy, and the property was well maintained.

4. The price you pay, and terms you get need to leave you with a property that will truly cash flow. Even if you can afford negative cash flow, that is a dangerous game to play, because sometimes income goes away or tragedies come along. Our offer made sure that this fourplex in Issaquah Washington would cash flow. If you are going to pay for management you need to incorporate that expense into your proforma.

5. Make sure you are prepared to be a landlord. My buyer had done a lot of research and were ready to make an offer on this fourplex in Issaquah Washington.

6. Of course, bring in a real estate agent who is knowledgeable in investments and investment properties. There are many, many ways to make money in investment real estate. Make sure your agent has experience.
My buyers chose to work with me to make an offer on this fourplex in Issaquah Washington, so they were in good hands!

So now to present the offer and see if buyer and seller can come together to make a mutually beneficial transaction!

If you are looking for investment property, give me a call!