Investors don’t buy a rate. They buy a return. Here are five financing and negotiation levers (assumable loans, seller financing, FHA 203(k) rehab loans, seller concessions and buydowns, and DSCR loans) that can help a Kitsap deal pencil, plus why a hesitant market can favor prepared investors.
Most people read “rents are rising again” and assume landlords are back in charge. That’s half the story. Rents are rising — and so is the share of landlords quietly handing some of it back to get a lease signed. The number on the listing and the number that lands in the bank account are…
Most people read a story like this one and take away the wrong lesson — that the secret is finding a $38,000 house. It isn’t. You won’t find one in Kitsap, and the price was the least interesting part of the deal anyway. What actually built this portfolio was a sequence: control a property without…
Most people judge a renovation by one question: did it come in on budget? That’s the wrong finish line. A project can hit every number on the bid sheet and still cost you, because the budget was never the only thing moving. The calendar was moving too. The idea for this post belongs to Tarl…
The headline most people will take from September’s housing numbers is “inventory is flooding the market and prices are finally dropping.” In Kitsap, neither part is quite true. Our median sales price was $589,500 in September — up 1.6% from a year earlier — and closed sales actually rose 2.3%, to 351. Across the wider…
Every year I sit at kitchen tables with Kitsap homeowners who’ve owned their homes for decades. The mortgage is paid off. The property taxes keep climbing. And a surprising number of them have never heard of the Kitsap County senior property tax exemption — Washington’s property tax exemption for seniors, people with disabilities, and disabled…
An accessory dwelling unit — a backyard cottage, a garage conversion, or an apartment inside your home — is one of the most common things people ask me about right now. Some want room for aging parents, some want rental income, and investors want to know whether the numbers work. Almost everyone starts with the…