Spoken Gently's Blog: Investors
Tri-Cities Washington Best Investor Market In Nation?
We've lived in the Tri City area of Southeast Washington for four years. We moved here to semi-retire. We cashed-in on properties we owned in Southern California and Mammoth Mountain California, and bought into our current market with the purchase of several multi-family properties. We expected to live off the rental income and didn't expect much by way of appreciation. We've been pleasantly surprised. All our multi-family properties have increased in value by an average
of at least 25%, and the house we live in has nearly doubled in value. All this happening while the rest of the nation's real estate market is in dire straights.
Hot Investor Market
Like most markets, forecloses have hit us too. This has created a prime environment for the real estate…
Read Full PostWineries A Consideration
Pasco Washington Wineries
An investment in Pasco Wa real estate certainly would include a look at Pasco's wineries and the impact the wine industry has and will have on the real estate market. Pasco may have started off as an agrarian city but economically speaking the vineyards and the wineries have also been contributing substantially to the economic growth of the region. Today these wineries are booming and there is great demand for the local wine. Many of the wineries are situated in Washington's Tri-Cities or in proximity to them. Regular tours of the vineyards and the wineries are available and wine tasting sessions are frequent.
The main viticulture area is situated in the Columbia Valley. One of the major centers for this is the Red Mountain…
Read Full PostStatistics Help Tell Your Multi-Family Story
Whether you got into a multi-family property as a way to make your first mark in the real estate investment industry or just because you saw a great opportunity for a beautiful property, there comes a time during anyone’s course of ownership when selling the property becomes a necessity. For some, that happens a short while into the process and for others it could be decades down the road, but that day does come for all property owners of multi-family homes...[more]
Related Resources:
- Duplex Etiquette
- Multi-Family Stepping Stone
- Multi-Family Ecosystem
- Rental Property Protection
Don’t Flop Your Flip
The process of flipping a home seems like a simple enough premise. Buy a home for a low value, add some value to it through various improvements and finally sell it for a handsome profit. However, that formula simply doesn’t work every time and there are flips every year that become massive flops, some big enough to discourage those investors from getting back into the business. This is a bit of a shame given that a few failures are common in any profession, whether it be house flipping or not. Read more.
Related Resources:
- Real Estate Flipping
- Property Investing
- Cash Flow
- Opportunity Cost
Welcome Investors Of Tri City Washington
Welcome Tri City Washington Investors ~ Playground of Dreams ~ As a local or a resident of Tri City Washington area you should know about how to explore and discover the wonderful South East of Washington State. The Columbia Basin, and in particular the city of Pasco, provide a great opportunity for fun family entertainment.
Just across the Columbia River of the Tri City Washington area is Columbia Park – 37 acres of trees and open spaces trailing along a riverside. It is a place for the whole family to enjoy; playing in the Playground of Dreams; rambling along the walking trails; feeding the ducks or dropping a line in the Family Fishing Pond; launch a boat in the designated area; enjoy some music at the Band Shell stage; or lunch at one of the…
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Who We Are
We are TeamLane. We are Joe and Colleen Lane of The Lane Real Estate Team. We service the Tri Cities Washington areas of Kennewick, Richland, and Pasco, bringing to the table years of real estate experience. Read More
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