RECENT BLOG POSTS
RE: Income properties – residential multifamily properties. When someone tells me they are looking for a 10 CAP deal I always cringe. Then I weigh the effort to educate them verses the potential of a deal.  It is almost as tough as explaining why great commercial and multifamily deals in my Count...
01/23/2014
The condo market in Bellingham continues in the doldrums this summer.  A snap shot of this market shows what few transactions are occurring are for larger, low priced units.  Quantity over quality is clearly what folks are picking up.   Issues remain in the condo market due to a high number of sh...
07/20/2012
I am not kidding on this.  Our client wishes to sell his multifamily and has a deal in hand. We are seeking a $2.5M investment for him and can't find it.  The challenge: Minimum investment $1.9M to $2.5M Seeking AAA ground lease or AAA Single tenant triple net Must be in tax free state - FL, ...
02/29/2012
My answer is is a qualified "Yes" (I am using Bellingham WA stats for my analysis - so check your local stats) There is an opportunity resulting from the absence of financing for development land and new residential and multifamily projects.    Like a great storm, a combination of dispa...
10/12/2011
Stock Market verses Real Estate - Right Now! (I first published this blog on June 10th.) Based on events today I thought I should republish it. The logic here is unassailable when applied to a US principal residence.  I have to laugh looking at the assumptions that investments would go up at the ...
08/08/2011
Multifamily question of the day! Should I sell now or wait a year or 2? This is a great question.  Multifamily has fared much better than other property types through the last 3-4 year recession.  There many reasons why: steady income, low vacancy rates, and little new construction. Multifamily a...
07/08/2011
Lorena Foster | Keller Williams Western Realty | (360) 920-1323 507 16th Street, Bellingham, WA Spectacular unobstructed views of Bellingham Bay can be yours from this South Hill beauty. 3BR/3+1BA Single Family House offered at $895,000 Year Built 1925 Sq Footage 2,825 Bedrooms 3 Bathrooms 3 ful...
06/15/2011
Lorena Foster | Keller Williams Western Realty | (360) 920-1323 431 N. State Street #4, Bellingham, WA Amazing sunsets and near 360 degree views from this spacious 1600+sq ft one-level condo with level entry perched high on State St 2BR/2BA Condo offered at $475,000 Year Built 1954 Sq Footage 1,...
06/15/2011
Stock Market verses Real Estate - Right Now! A client has 100% of their substantial assets in the stock market.  They are deciding whether to purchase a home as a principal residence or rent and leave the money in the market.  Rents are $2,000 per month and homes of quality will require a $150K i...
06/10/2011
As a broker, I tour all sorts of investment properties with my clients.  I too get tired of viewing high levels deferred maintenance, incorrect expense calculations and over priced properties. If you can't find the perfect small investment property or are tired of looking at investments with ...
05/06/2011
Rainmaker
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Foster Group Realtors Keller Williams Western Realty

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