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 investment content starts with the upside — the cap rate, the cash-on-cash return, the appreciation story. That’s useful, but it’s not where deals go wrong. Deals go wrong when something that wasn’t priced into the underwriting turns out to be real: the ADU plan that wasn’t actually permittable, the insurance premium that repriced significantly…
Handling tenants, family, or squatters in a distressed property can stall or even derail a sale—but Washington’s eviction rules give you clear paths, and practical workarounds like cash‑for‑keys or “sell‑subject‑to‑occupancy” deals can speed things up. Occupied fixer‑uppers add time and complexity, but you’re not stuck. Key options: Cash or investor‑type buyers often prefer “tenant in place” deals and will…