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Trading Up: How a 1031 Exchange Can Defer Capital Gains

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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

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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

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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

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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

Eight Stellar Reasons to Invest in Real Estate

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Here are a few key ways that investing in real estate can benefit you: 1. Cashflow – Investment real estate produces income once the property is leased. If purchased correctly, the total rent collected can exceed the total expenses associated with owning the property (mortgage, taxes, repairs, etc.). The excess rental income after paying expenses … Continued

4 Things You Need to Expect When Selling With an Agent

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Are you working with a local Tacoma agent to sell your house? Or maybe you’re thinking about it? If so, we’ve collected the top 4 things you need to expect when selling with an agent — to help you navigate this process easily! There are many ways to sell your house and many people choose … Continued