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Quoted in Investors Business Daily

By Glenn Roberts

Home Builder with Retired

March 31, 2011 02:36 PM

A few weeks ago I reblogged some interesting information Mack blogged about, concerning multiunit sales in Seattle recently. A few days later Kathleen Doler sent me an email asking for a phone interview. Kathleen writes for Investors Business Daily and her article Are Small Apartment Buildings A Smart Investment? was published today.

Apartment buildings for sale

Although I'm mainly focused on single family residential in Seattle, I do pay attention to the small multiunit market. Many happy home owners have bought duplexes, triplexes and quads for investment and are happy with the outcome. Buy smart, take care of your investment like you take care of your own home, and think long term. Eventually your renters will have paid for the property you bought.

There are good buys in Seattle right now. Give me a call to explore the possibilities.

Re-Blog

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Roger Davidson

DiSalle Real Estate Co. - Maumee, OH

Maumee, Ohio Real Estate

Great advice to anyone buying investment property "take care of it like your own".

Mar 31, 2011 02:39 PM

Doug Anderson

Tucker Associates Real Estate Services - Danville, CA

Bay Area Real Estate Views

Excellent advice and congrats on the IBD interview. Read their stuff all of the time.

Mar 31, 2011 02:42 PM

Glenn Roberts

Retired - Seattle, WA

Roger - one of my first sales in Seattle was to Roger Davidson and he still owns that home and the investment property he bought a few years later. His unborn children then are in college now.

Doug - Thank you, and that's nice to hear.

Mar 31, 2011 02:44 PM

Richard - Pretty cool. I want my fellow Lake and Co agents to feel comfortable with AR, so my hand is out.

Mar 31, 2011 03:05 PM

Mike Jaquish

Realty Arts - Cary, NC

919-880-2769 Cary, NC, Real Estate

Nice bit of exposure, Glenn. You sounded authoritative.

And, IMO, it can't hurt that IBD is a pretty well-respected investors' publication.

Mar 31, 2011 03:14 PM

Rene Fabre

ARFCO Media - Renton, WA

Practicing Philosophical Eclectic of the Arts

For years I worked with a guy that invested in single family up to 4 plexes. Over the years he accumulated I'm guessing around 35 properties at peak... Smart guy he was, he took a very personal approach and was never too high and mighty not to put on his coveralls and show up in his old pickup truck to do or oversee repairs and improvements. As the years went by he downsized the number of properties he owned, but sold and bought up to improve the value of what he owned. Over 20 years he ended up with about 20 properties that were very high end and he was in a great equity postion and literally made millions.

Great advice Glenn... Good old fashioned investing and treating it with the pride that it is yours is a sound investment strategy. Thanks for a great post.

Mar 31, 2011 03:21 PM

Tim Bradley

Contour Investment Properties - Jackson Hole, WY

Commercial Real Estate Expert in Jackson Hole, WY

Congrats on being the local expert! It's nice to be recognized for the work we do.

Mar 31, 2011 03:27 PM

Mike - I was surprised and happy with the call. Who knows where it might lead?

René - It's certainly not a get rich quick venue, and the safest ones never are.

Tim - Thank you.

Mar 31, 2011 03:36 PM

Adrian Willanger

206 909-7536 AdrianWillanger-broker.com - Seattle, WA

Profit from my two decades of experience

Glenn,good job on interview, all in a day's work for you.

Apr 01, 2011 04:02 PM

Adrian - Well, a lucky day. Time in grade counts we used to say in the Army.

Apr 01, 2011 05:17 PM

Comments(10)

Glenn Roberts

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