All posts by Suzette West

Suzette is the designated broker and general contractor for our company. She has been a real estate licensee since 1996, and has many years of experience specializing in the area of real estate investment. She is what the investor community would call an "investor-friendly" broker who is also an investor herself. She understands real estate investment, how to analyze investments, and how values can change with shifting market cycles. She has first-hand experience of how investors must constantly assess their current business models and strategies in real estate in order to stay abreast of changes, and adjust for new market realities. She knows that ignoring new market realities can increase an investor's risk of experiencing a decrease in deal flow and profit which; can put the best laid real estate investment plans to rest for good. To help her investor clients avoid this, she educates and facilitates the path forward, which is a huge benefit the investor clients she works with. In her own real estate projects, Suzette and her team look for truly quality real estate opportunities that are priced well for the condition and market location. Her systems for sourcing opportunities, analyzing profit potential, estimating repairs, managing renovations, as well as marketing and leasing, all work to ensure that her projects are profitable. She currently holds a Bachelors of Science degree in Real Estate from Marylhurst University. She is a certified business model analyst, and is currently pursuing an Executive MBA in Finance from Washington State University. She is an asset to any team she is working on. Whether that team is her own or she is on an investor-client's team, her enthusiastic dedication to excellent service and world class team-building makes her invaluable to the clients she accepts.

1120 Spokane Ave, Port Orchard 98366

This brand new 3 bedroom 2 bath home has a beautiful open floor plan, and has just been beautifully landscaped. It is ready to be a great home. Centrally located near downtown area, county and community services, shopping and within minutes to HWY 16. New carport on order and to be installed. Owner is RE Licensee in WA State. NWMLS #1215084

1282 Retsil Rd E, Port Orchard 98366

Large and spacious completely remodeled one story with fully finished basement. Lives like a 2 story home! Master bedroom features a 5-piece master bath with tiled walk-in shower and walk-in closet. Laminate flooring upstairs and wall-to-wall carpet downstairs. Extra living space downstairs includes space for family room and a home office space. Partial water view of bay from back of house. Walk to Annapolis foot ferry and commute by foot to Bremerton / Seattle ferry. New carport in process.

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A Lot of Home for the Money!

This 3 bedroom 1 bath home has 1328 sq ft of living space, and has a lot to offer for the money. Features include a remodeled kitchen and bathroom, new finishes throughout, new stainless steel appliances, and new flooring throughout. Benefits include a central location within minutes to freeway, PSNS naval base, shopping, the downtown area, ferry to Seattle, and the West Hills STEM academy for pre-school through 8th grade. Home warranty provided. MLS# 923696

 

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Tips For Managing A Large Real Estate Portfolio In Your Self-Directed IRA | Quest IRA, Inc.

Real estate is a perennially popular investment type for individuals to pursue within their self-directed IRAs. The ability to invest in real estate – both developed and undeveloped properties – can provide an investment and risk profile that generally can’t be mirrored with traditional stock market investments.But holding real estate within a self-directed IRA can also require a greater level of investment involvement as compared to those other asset classes.With stocks or mutual funds, the only invest

Source: Tips For Managing A Large Real Estate Portfolio In Your Self-Directed IRA | Quest IRA, Inc.

How Banks Make Money; and How You Can Too

 

FACT:

Banks Make Money from Interest Paid by Borrowers

 

roll-of-money

 

“For most banks, loans are the primary use of their funds and the principal way in which they earn income. Loans are typically made for fixed terms, at fixed rates and are typically secured with real property; often the property that the loan is going to be used to purchase.”

Source: http://www.investopedia.com/university/banking-system/banking-system3.asp#ixzz3jL99O3SW

How Loans Work

 

How Private Lending Works

Multifamily for Sale – 8 Units in Tacoma, WA

Well-maintained 8-unit apartment building is centrally located and convenient to I-5, Tacoma Mall, and within minutes from Downtown Tacoma. Common area amenities including gazebo with BBQ area. All units include washer/dryer, dishwasher, and garbage disposal.

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3803 Anderson Hill Rd SW, Port Orchard WA 98367

Beautifully remodeled rambler on 0.45 acres includes a new roof, deck, freshly refinished hardwood floor, new carpet in bedrooms and vinyl in bathroom; as well as fresh interior / exterior paint, and new appliances. Minutes to Hwy 16, McCormick Woods, and shopping. Plenty of parking space for extra cars or RV / Boat parking.

 

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Sweeping Changes to Closing Process Taking Place August 1st

Man's Hands Signing Document

 

Real estate is in a constant state of flux. With advances in technology, industry changes can happen faster than they ever did before. Such changes are happening again in real estate.

The Voice of Real Estate, an industry news reporting arm of the National Association of Realtors announced sweeping changes brought about by the Consumer Financial Protection Bureau that will affect the closing process nationwide. These changes include the retirement of the HUD-1 closing statement, the Good Faith Estimate, and Truth In Lending. They will be replaced by two new forms: the Loan Estimate and the Closing Disclosure. All paperwork must be finalized no later than 3 days prior to closing. If last minute changes are made, it could trigger the three-days to start over again.

Also covered in this latest news piece:

  • New proposed rules concerning the use of drones in real estate
  • Foreign investors increasingly interested in American commercial real estate