Welcome to the Queen Bee Newsletter
Investor Edition |
Greetings!
Save the date!
IF YOU OWN PROPERTY, ARE MARRIED OR HAVE KIDS, YOU NEED TO ATTEND THIS EVENT!
You are invited to a special Champagne Gourmet Breakfast with guest speaker Chuck Lehman addressing the topic of Estate Planning. Current and past clients receive free admission. Friends and family can still attend at a special discount of $25. All attendees will receive a gift just for attending.
Event is Sat, May 10 from 10am-noon at the Washington Athletic Club.
Email [email protected] to reserve your spot.
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What Makes a House Recession Proof? |
Certain upgrades can help recession-proof your house, but your home's price resilience mostly depends on choices you made when you purchased. Below are a few helpful tips to follow when shopping for a recession proof home...
1) Location, location, location. There are full price offers, even multiple offers still being received in desirable locations like Phinney Ridge, Ballard and West Bellevue.
2) Architectural style. Craftsman Bungalows will hold value better than Split Levels or a style that doesn't fit in with the rest of the neighborhood.
3) Broad Appeal. The homes most in demand are three-bedroom, two-car-garage houses with at least two bathrooms. When comparing the wisdom of adding a new, high-end kitchen, for example, versus a bedroom addition to your two-bedroom home, the addition is probably your best bet for durable value.
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Investor Q&A
Question: What's better, a fixed term lease or a month to month lease? James |
Answer: Well that depends on where your property is located. Month to Month leases offer flexibility while fixed term leases offer security. Month to month leases are good to use in highly populated areas where its easy to find replacement renters. Fixed term leases are a good idea to use for properties in areas where it may be hard to find replacement renters. So if your rental is in an area like Shoreline or Orting then a fixed term lease might be the best way to go but if your rental is downtown Seattle or downtown Bellevue, a month to month might be best.
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The Queen Bee Mission Statement
The Queen Bee is a straight up, no non-sense newsletter dedicated to providing you the latest market information as it pertains to real estate investing. There are no attempts sell you on anything and if we ever do you have our full permission to smack us up side the head. We are here to provide truthful and relevant educational material in an effort to help you attain your real estate investing goals.
Sincerely,
Carrie Pierce & Associates
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4900 Stone Way N
Seattle, WA 98103
425 518 1176
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