THE STARBUCKS EFFECT.

Sometimes, all I can do is shake my head.

Did you hear about the report released by Quartz a while back that came to the conclusion that “Home values rise when a Starbucks location hits the neighborhood”?

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BREXIT. How Forces Influence Housing.

In case you missed it… recently the UK voted to Brexit from the EU.

BACK-UP.

This month’s read is less about the British withdrawal from the European Union and more about how world markets may or may not influence our local housing here at home in ‘Murica. Continue reading

Available Investments

I-502 LOCATIONS, LICENSES, AND BUSINESS OPPORTUNITIES

For more information around I-502 opportunities, please visit www.CannaLocations.com

DEVELOPMENT OPPORTUNITIES

* AVAILABLE * Rucker Ave Development Site. .42 acres, zoned R-5, previously approved for 48 units w/Mixed Use. Ideal smaller apartment, mixed-use, and/or storage location. SEPA I completed previously. Offered at $649,000.

AVAILABLE FOR LEASE

OFFICE – 2720 Oakes Ave, Everett. 1350sf office, 6 private offices, conference, roof-top deck.  $1,100/month.  Net Lease. Offer pending.

INVESTMENT OPPORTUNITIES

TALCOTT DUPLEX.  Fully leased, renovated duplex. Offered at 6.76% cap, with up-to 16% cash-on-cash return with simple bill-back for utility charges. Solid Investment at $239,000.

 

OFF-MARKET OPPORTUNITIES

Lake Roesiger Home. Rehab in Process. New Roof Completed. May be available. Ask for details.

Everett 3bd/2ba Home. Currently Leased. Excellent Value-Add Opportunity. May be available. Ask for Details.

North Everett 3bd/2ba Home. Currently Leased. Excellent Value-Add Opportunity. May be available. Ask for Details.

Commercial Professional Office Building downtown Everett. Completely Renovated. Fully leased. Ask for Details.

RECENTLY SOLD OR COMPLETED PROJECTS

 

DEPRECIATION. An Imaginary Expense.

THIS ILLUSION IS ITS OWN MAGIC TRICK. NOW YOU SEE IT. NOW YOU DON’T!

Meet Jack.  Jack is an investor.  He has been doing this a while.  He likes rental properties and has a lot of them.  Continue reading

An Obvious Defense, Overlooked By Many.  By Jen Hudson

Note: The names have not been changed, as neither party is innocent.

Terry and Diane Visser lived in Blaine, Washington and had a habit of buying homes as investment properties.  They bought one of these “fixer-uppers” as an investment back in 2005.

After acquiring the property and beginning their renovations, they realized Continue reading

4Q15 Apartment Guide

If I’m an investor looking at the Apartment Market in the Puget Sound, I sure have a lot of questions.  Things like…. Continue reading

Pay Attention To Market Cycles. By Jen Hudson

COMMON SENSE IS A FLOWER THAT DOES NOT GROW IN EVERYONE’S GARDEN.

Do you ever feel like you are the only one drinking Diet Coke in a casino full of boozing people?

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A Crazy Little Thing Called… FIRPTA. By Jen Hudson

You’re telling me there is a chance that the buyer pays the seller’s taxes???  How is that???  Continue reading