What to consider when developing your house hack strategy

Okay, so you’ve decided to house hack. Now what? As discussed in my previous article, House Hacking: The Life Hack for Financial Freedom, house hacking is a great way to purchase both a home to live in and an investment at the same time. This also means the property has to simultaneously meet both your … Continued

House Hacking: The Life Hack for Financial Freedom

“Life hacks” are all the rage these days. There is an easy tip or trick to fix just about anything you can imagine. Even real estate has a hack: house hacking, which lands you a new home AND an investment. It’s really a hack for your financial life. When house hacking, the owner lives in … Continued

What Will Happen to Interest Rates in 2020 for Tacoma Home Buyers?

This is certainly a time of uncertainty as both personal and economic life have suffered major upheavals. But a couple of things remain pretty certain throughout all this. The stock market is as volatile as ever with its recent dramatic fall and subsequent seesaw. And interest rates look to remain low, which is good news … Continued

Looking to the Future: How Have Past Pandemics Impacted Real Estate?

Though these are times of uncertainty, we can look to the past for clues to how the COVID-19 pandemic may continue to impact the local housing market. Zillow recently published a study regarding the behaviors of the housing market during previous pandemics such as the 1918 influenza and the 2003 SARS outbreak. The article concluded: Economic … Continued

The single best investment for the next decade

  Real estate is powerful- just check out this recent article on Marketwatch.com. In a recent Bankrate survey, 3 out of 5 investors said real estate is the best way to invest money you wouldn’t need for the next 10 years. A couple observations: 1) It is interesting that the article was published on Marketwatch.com, a … Continued

Trading Up: How a 1031 Exchange Can Defer Capital Gains

Employing smart strategies to the sale of your investment property has huge benefits for the growth of a real estate portfolio. A 1031 exchange is one tool to leverage in building wealth- by deferring capital gains. What Is a 1031 Exchange? A “1031 exchange” is how investors refer to a special provision in Section 1031 … Continued

Preparing Your Home to Sell

Selling your home requires more than just sticking a sign in your front yard and waiting for someone to call or knock on your door. There are a number of things you can do to prepare your home and ensure you get the best offer possible in the shortest time. Here are four big ways … Continued

How My House Paid Off My Student Loans

Student loans: the bane of so many college grads’ financial existence! Americans owe over $1.48 trillion in student loan debt, spread out among about 44 million borrowers. Crazy! My wife and I were in the same predicament not too long ago, owing over $100,000 in student loan debt. After moving to wonderful Washington (yay for … Continued

Book Recommendation: Rich Dad Poor Dad

Clients often ask me questions such as: How do I develop the mindset of a real estate investor? Or how do I educate myself/ my child/ my family about money and investing? Topics like money and investing are taboo in some families, but in the age of credit cards, self-directed retirement savings and six-figure student … Continued