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Real estate investing

CCIM chapter meeting for January 2014: Better Tax Shelter, Better Return for Multifamily Retail, Office and Industrial Investment Properties

The theme for the upcoming Washington State CCIM chapter meeting is “Better Tax Shelter, Better Return for Multifamily Retail, Office and Industrial Investment Properties” Here is a quick overview of the meeting: Cost Segregation, Tangible Property Regulations, & Section 1031 Exchanges: Refreshed and Reinvigorated Be sure to join us for this informative luncheon discussion and…

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Tellus Real Estate’s designated broker, Jason Hershey, approved to teach clock hour courses

People who want to teach real estate clock hour courses (classes that meet the requirements for continuing education credits for real estate agents) must be approved by the State of Washington.  The requirements for approval include attending and passing an Instructor Development course and showing that you are qualified to teach the particular subject. Jason Hershey, Designated Broker…

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Have apartment sales gone undercover?

Our friends at Dupre + Scott goes into more detail about low number of apartment sales A couple of weeks ago, we mentioned that parts of the apartment market seem dead as far as sales go. Have the sales gone into hiding, or maybe they’ve gone undercover. This week the folks and Dupre+Scott give 5…

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Hey Mike! Guess what day it is! Nope, its not hump day!

Computing time lines in your real estate contract With Thanksgiving coming up, its a good time to review the terms of local real estate contracts as they relate to dates… at least those pre-packaged purchase and sales contracts provided by the Northwest MLS or the Commercial Brokers’ Association. Clients and even agents can be confused…

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October 2013 residential real estate statistics from NWMLS

box-margin-rt-5The Northwest MLS (NWMLS) has released statistics for October, 2013 last week. The short summary… the real estate market has put on the brakes. That seems clear. Now the question is “Why”? The possibilities include the effect of the government shutdown (undoubtedly part of it), typical seasonal slowdowns (starting slightly early), or below-normal inventories. I…

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