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James Nellis is Your Low Income housing Resource for WA

Low Income housing


WA

*An affiliate of the "Nellis National Real Estate Lists" - a network of top real estate agents dedicated to providing home buyers & sellers the best resources and services to make your dreams come true!

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Buying or selling a home is the largest, and one of the most personal and important transactions of your life. You deserve the absolute best real estate experience which means you need the best real estate professionals.

WATCH VIDEO

FEATURED Low Income housing

IN WA

Effective Low Income real estate investors are much more than only realtors, they are savvy business executives. They operate a lot like portfolio managers and company managers who focus on increasing profits while creating great value for clients. This article discusses Low Income housing investment as a business and investment method. We start with a definition of Low Income housing and look at a few groups that represent the best target market. Next, we discuss cost which is the defining characteristic of the target market. Then we turn to profitability and marketability, issues that make a good investment great. Finally we look at financing, action steps, and wider business and social implications of Low Income housing investment.
Low Income real estate for sale
Affordability is important to investors because it establishes two important things: profitability and marketability. Sponsored housing programs like Section 8 helps reduced income families afford rent by paying a section of the market price for rental units. Determine the average income for your area. There are several sources of information to decide average income. The U.S. Census Bureau compiles typical incomes for states, counties, and cities. Real estate websites also offer this information for people interested in buying homes in specific regions Information is also presented through state and local governments, economic development agencies and housing authorities.
For Low Income property rent calculate 30% of average income. This is your expected gross income per Low Income rental unit.
For Low Income property for sale calculate 35% of median income for principle, interest, property tax, homeowner insurance, and organization fees. Then calculate your estimated sale price by deducting the amount for tax, insurance and fees dependent on going rates for the area. Use the difference, principle and interest, to determine the purchase price based on going interest rates for your region. A banking or mortgage expert can help you quickly define these amounts.
Financing an Low Income property
Research the assorted financing alternatives available to investors. Work with a local banker and a business mortgage broker or consultant to identify lender programs and find personal investors. Join local homebuilder, remodelling, and real estate investor organizations. Become a member of the chamber of commerce and affiliate with fiscal development agencies. Use these relationships to identify public and private financing and working partnerships. Successful investors know when and how to push in the market. Don't keep forgetting to perform on-going buy-sell-hold analysis on rental units. If labour, subject matter, and financing costs are high, now may not be the time to buy more Low Income properties. If there are more Low Income condo renters in your market, now may probably not be a profitable time to market units for sale even if interest rates are low. If market rent and median value income in your area is high, now may be the most financially rewarding time to retain property for the monthly rental financial gain it can generate. Treat your real estate portfolio just like your retirement plan portfolio with a little bit more paint and in addition fixtures.
$695,000
3 Baths
4 Beds
2000 Area
2car Garages
$1,200,000
4 Baths
5 Beds
3400 Area
3car Garages
$575,000
3 Baths
3 Beds
1900 Area
2car Garages
$750,000
4 Baths
4 Beds
3000 Area
3car Garages
$450,000
4 Baths
4 Beds
2200 Area
2car Garages
$525,000
2 Baths
3 Beds
1600 Area
1car Garages

Cities we serve:


img Aberdeen, WA img Acme, WA img Addy, WA img Adna, WA img Airway Heights, WA img Albion, WA img Allyn, WA img Almira, WA img Amanda Park, WA img Amboy, WA img Anacortes, WA img Anatone, WA img Anderson Island, WA img Appleton, WA img Ardenvoir, WA img Ariel, WA img Arlington, WA img Ashford, WA img Asotin, WA img Auburn, WA img Bainbridge Island, WA img Baring, WA img Battle Ground, WA img Bay Center, WA img Beaver, WA img Belfair, WA img Bellevue, WA img Bellingham, WA img Belmont, WA img Benge, WA img Benton City, WA img Beverly, WA img Bickleton, WA img Bingen, WA img Black Diamond, WA img Blaine, WA img Blakely Island, WA img Bonney Lake, WA img Bothell, WA img Bow, WA img Boyds, WA img Bremerton, WA img Brewster, WA img Bridgeport, WA img Brinnon, WA img Brownstown, WA img Brush Prairie, WA img Buckley, WA img Bucoda, WA img Buena, WA img Burbank, WA img Burien, WA img Burley, WA img Burlington, WA img Burton, WA img Camano Island, WA img Camas, WA img Camp Murray, WA img Carbonado, WA img Carlsborg, WA img Carlton, WA img Carnation, WA img Carrolls, WA img Carson, WA img Cascade-Fairwood, WA img Cashmere, WA img Castle Rock, WA img Cathlamet, WA img Centerville, WA img Centralia, WA img Chattaroy, WA img Chehalis, WA img Chelan, WA img Chelan Falls, WA img Cheney, WA img Chewelah, WA img Chimacum, WA img Chinook, WA img Cinebar, WA img Clallam Bay, WA img Clarkston, WA img Clayton, WA img Cle Elum, WA img Clearlake, WA img Clinton, WA img Colbert, WA img Colfax, WA img College Place, WA img Colton, WA img Colville, WA img Conconully, WA img Concrete, WA img Connell, WA img Conway, WA img Copalis Beach, WA img Copalis Crossing, WA img Cosmopolis, WA img Cougar, WA img Coulee City, WA img Coulee Dam, WA img Coupeville, WA img Cowiche, WA img Creston, WA img Curlew, WA img Curtis, WA img Cusick, WA img Custer, WA img Dallesport, WA img Danville, WA img Darrington, WA img Davenport, WA img Dayton, WA img Deer Harbor, WA img Deer Park, WA img Deming, WA img Dixie, WA img Doty, WA img Dryden, WA img Dupont, WA img Duvall, WA img East Olympia, WA img East Renton Highlands, WA img East Wenatchee, WA img Easton, WA img Eastsound, WA img Eatonville, WA img Edmonds, WA img Edwall, WA img Elbe, WA img Electric City, WA img Elk, WA img Ellensburg, WA img Elma, WA img Elmer City, WA img Eltopia, WA img Endicott, WA img Entiat, WA img Enumclaw, WA img Ephrata, WA img Ethel, WA img Evans, WA img Everett, WA img Everson, WA img Fairchild Air Force Base, WA img Fairfield, WA img Fall City, WA img Farmington, WA img Federal Way, WA img Ferndale, WA img Ford, WA img Forks, WA img Four Lakes, WA img Fox Island, WA img Freeland, WA img Friday Harbor, WA img Fruitland, WA img Galvin, WA img Garfield, WA img George, WA img Gifford, WA img Gig Harbor, WA img Glenoma, WA img Glenwood, WA img Gold Bar, WA img Goldendale, WA img Graham, WA img Grand Coulee, WA img Grandview, WA img Granger, WA img Granite Falls, WA img Grapeview, WA img Grayland, WA img Grays River, WA img Greenacres, WA img Greenbank, WA img Hamilton, WA img Hansville, WA img Harrah, WA img Harrington, WA img Hartline, WA img Hay, WA img Heisson, WA img Hobart, WA img Hoodsport, WA img Hooper, WA img Hoquiam, WA img Humptulips, WA img Hunters, WA img Husum, WA img Ilwaco, WA img Inchelium, WA img Index, WA img Indianola, WA img Ione, WA img Issaquah, WA img Joyce, WA img Kahlotus, WA img Kalama, WA img Kapowsin, WA img Keller, WA img Kelso, WA img Kenmore, WA img Kennewick, WA img Kent, WA img Kettle Falls, WA img Keyport, WA img Kingston, WA img Kirkland, WA img Kittitas, WA img Klickitat, WA img La Center, WA img La Conner, WA img La Grande, WA img La Push, WA img Lacey, WA img Lacrosse, WA img Lake Stevens, WA img Lakebay, WA img Lakewood, WA img Lamona, WA img Lamont, WA img Langley, WA img Latah, WA img Laurier, WA img Leavenworth, WA img Lebam, WA img Liberty Lake, WA img Lilliwaup, WA img Lincoln, WA img Lind, WA img Littlerock, WA img Long Beach, WA img Longbranch, WA img Longmire, WA img Longview, WA img Loomis, WA img Loon Lake, WA img Lopez Island, WA img Lummi Island, WA img Lyle, WA img Lyman, WA img Lynden, WA img Lynnwood, WA img Mabton, WA img Malaga, WA img Malden, WA img Malo, WA img Malone, WA img Malott, WA img Manchester, WA img Mansfield, WA img Manson, WA img Maple Falls, WA img Maple Valley, WA img Marblemount, WA img Marcus, WA img Marlin, WA img Marshall, WA img Marysville, WA img Matlock, WA img Mattawa, WA img Mazama, WA img Mcchord Afb, WA img Mccleary, WA img Mckenna, WA img Mead, WA img Medical Lake, WA img Medina, WA img Menlo, WA img Mercer Island, WA img Mesa, WA img Metaline, WA img Metaline Falls, WA img Methow, WA img Mica, WA img Mill Creek, WA img Milton, WA img Mineral, WA img Moclips, WA img Mohler, WA img Monitor, WA img Monroe, WA img Montesano, WA img Morton, WA img Moses Lake, WA img Mossyrock, WA img Mount Vernon, WA img Mountlake Terrace, WA img Moxee, WA img Mukilteo, WA img Naches, WA img Nahcotta, WA img Napavine, WA img Naselle, WA img Neah Bay, WA img Neilton, WA img Nespelem, WA img Newman Lake, WA img Newport, WA img Nine Mile Falls, WA img Nooksack, WA img Nordland, WA img North Bend, WA img North Bonneville, WA img North Lakewood, WA img Northport, WA img Oak Harbor, WA img Oakesdale, WA img Oakville, WA img Ocean Park, WA img Ocean Shores, WA img Odessa, WA img Okanogan, WA img Olalla, WA img Olga, WA img Olympia, WA img Omak, WA img Onalaska, WA img Orcas, WA img Orient, WA img Orondo, WA img Oroville, WA img Orting, WA img Othello, WA img Otis Orchards, WA img Outlook, WA img Oysterville, WA img Pacific, WA img Pacific Beach, WA img Packwood, WA img Palisades, WA img Palouse, WA img Paradise Inn, WA img Parker, WA img Pasco, WA img Pateros, WA img Paterson, WA img Pe Ell, WA img Peshastin, WA img Plymouth, WA img Point Roberts, WA img Pomeroy, WA img Port Angeles, WA img Port Gamble, WA img Port Hadlock, WA img Port Ludlow, WA img Port Orchard, WA img Port Townsend, WA img Poulsbo, WA img Prescott, WA img Preston, WA img Prosser, WA img Pullman, WA img Puyallup, WA img Quilcene, WA img Quinault, WA img Quincy, WA img Rainier, WA img Randle, WA img Ravensdale, WA img Raymond, WA img Reardan, WA img Redmond, WA img Renton, WA img Republic, WA img Retsil, WA img Rice, WA img Richland, WA img Ridgefield, WA img Ritzville, WA img Riverside, WA img Rochester, WA img Rock Island, WA img Rockford, WA img Rockport, WA img Rollingbay, WA img Ronald, WA img Roosevelt, WA img Rosalia, WA img Rosburg, WA img Roslyn, WA img Roy, WA img Royal City, WA img Ryderwood, WA img Saint John, WA img Salkum, WA img Sammamish, WA img Satsop, WA img Seabeck, WA img Seahurst, WA img Seattle, WA img Seaview, WA img Sedro Woolley, WA img Sekiu, WA img Selah, WA img Sequim, WA img Shaw Island, WA img Shelton, WA img Silvana, WA img Silver Creek, WA img Silverdale, WA img Silverlake, WA img Skamokawa, WA img Skykomish, WA img Snohomish, WA img Snoqualmie, WA img Snoqualmie Pass, WA img Soap Lake, WA img South Bend, WA img South Cle Elum, WA img South Colby, WA img South Prairie, WA img Southworth, WA img Spanaway, WA img Spangle, WA img Spokane, WA img Sprague, WA img Springdale, WA img Stanwood, WA img Starbuck, WA img Startup, WA img Stehekin, WA img Steilacoom, WA img Steptoe, WA img Stevenson, WA img Stratford, WA img Sultan, WA img Sumas, WA img Sumner, WA img Sunnyside, WA img Suquamish, WA img Tacoma, WA img Taholah, WA img Tahuya, WA img Tekoa, WA img Tenino, WA img Thornton, WA img Thorp, WA img Tieton, WA img Tokeland, WA img Toledo, WA img Tonasket, WA img Toppenish, WA img Touchet, WA img Toutle, WA img Tracyton, WA img Trout Lake, WA img Tumtum, WA img Tumwater, WA img Twisp, WA img Underwood, WA img Union, WA img Uniontown, WA img University Place, WA img Usk, WA img Vader, WA img Valley, WA img Valleyford, WA img Vancouver, WA img Vantage, WA img Vashon, WA img Vaughn, WA img Veradale, WA img Wahkiacus, WA img Waitsburg, WA img Waldron, WA img Walla Walla, WA img Wallula, WA img Wapato, WA img Warden, WA img Washougal, WA img Washtucna, WA img Waterville, WA img Wauconda, WA img Wauna, WA img Waverly, WA img Wellpinit, WA img Wenatchee, WA img West Richland, WA img Westport, WA img White Salmon, WA img White Swan, WA img Wilbur, WA img Wilkeson, WA img Wilson Creek, WA img Winlock, WA img Winthrop, WA img Wishram, WA img Woodinville, WA img Woodland, WA img Yacolt, WA img Yakima, WA img Yelm, WA img Zillah, WA

CONTACT YOUR LOCAL EXPERT

James Nellis
887 Client Reviews

Call: 703-436-9842

Zip Codes for WA

98001, 98002, 98003, 98004, 98005, 98006, 98007, 98008, 98009, 98010, 98011, 98012, 98013, 98014, 98015, 98019, 98020, 98021, 98022, 98023, 98024, 98025, 98026, 98027, 98028, 98029, 98030, 98031, 98032, 98033, 98034, 98035, 98036, 98037, 98038, 98039, 98040, 98041, 98042, 98043, 98045, 98046, 98047, 98050, 98051, 98052, 98053, 98055, 98056, 98057, 98058, 98059, 98061, 98062, 98063, 98064, 98065, 98068, 98070, 98071, 98072, 98073, 98074, 98075, 98077, 98082, 98083, 98087, 98089, 98092, 98093, 98101, 98102, 98103, 98104, 98105, 98106, 98107, 98108, 98109, 98110, 98111, 98112, 98113, 98114, 98115, 98116, 98117, 98118, 98119, 98121, 98122, 98124, 98125, 98126, 98127, 98129, 98131, 98132, 98133, 98134, 98136, 98138, 98139, 98141, 98144, 98145, 98146, 98148, 98154, 98155, 98158, 98160, 98161, 98164, 98165, 98166, 98168, 98170, 98174, 98175, 98177, 98178, 98181, 98185, 98188, 98189, 98190, 98191, 98194, 98195, 98198, 98199, 98201, 98203, 98204, 98205, 98206, 98207, 98208, 98213, 98220, 98221, 98222, 98223, 98224, 98225, 98226, 98227, 98228, 98229, 98230, 98231, 98232, 98233, 98235, 98236, 98237, 98238, 98239, 98240, 98241, 98243, 98244, 98245, 98247, 98248, 98249, 98250, 98251, 98252, 98253, 98255, 98256, 98257, 98258, 98259, 98260, 98261, 98262, 98263, 98264, 98266, 98267, 98270, 98271, 98272, 98273, 98274, 98275, 98276, 98277, 98278, 98279, 98280, 98281, 98282, 98283, 98284, 98286, 98287, 98288, 98290, 98291, 98292, 98293, 98294, 98295, 98296, 98297, 98303, 98304, 98305, 98310, 98311, 98312, 98314, 98315, 98320, 98321, 98322, 98323, 98324, 98325, 98326, 98327, 98328, 98329, 98330, 98331, 98332, 98333, 98335, 98336, 98337, 98338, 98339, 98340, 98342, 98343, 98344, 98345, 98346, 98348, 98349, 98350, 98351, 98352, 98353, 98354, 98355, 98356, 98357, 98358, 98359, 98360, 98361, 98362, 98363, 98364, 98365, 98366, 98367, 98368, 98370, 98371, 98372, 98373, 98374, 98375, 98376, 98377, 98378, 98380, 98381, 98382, 98383, 98384, 98385, 98386, 98387, 98388, 98390, 98391, 98392, 98393, 98394, 98395, 98396, 98397, 98398, 98401, 98402, 98403, 98404, 98405, 98406, 98407, 98408, 98409, 98411, 98412, 98413, 98415, 98416, 98417, 98418, 98419, 98421, 98422, 98424, 98430, 98431, 98433, 98438, 98439, 98443, 98444, 98445, 98446, 98447, 98448, 98464, 98465, 98466, 98467, 98471, 98481, 98490, 98493, 98496, 98497, 98498, 98499, 98501, 98502, 98503, 98504, 98505, 98506, 98507, 98508, 98509, 98511, 98512, 98513, 98516, 98520, 98522, 98524, 98526, 98527, 98528, 98530, 98531, 98532, 98533, 98535, 98536, 98537, 98538, 98539, 98540, 98541, 98542, 98544, 98546, 98547, 98548, 98550, 98552, 98554, 98555, 98556, 98557, 98558, 98559, 98560, 98561, 98562, 98563, 98564, 98565, 98566, 98568, 98569, 98570, 98571, 98572, 98575, 98576, 98577, 98579, 98580, 98581, 98582, 98583, 98584, 98585, 98586, 98587, 98588, 98589, 98590, 98591, 98592, 98593, 98595, 98596, 98597, 98599, 98601, 98602, 98603, 98604, 98605, 98606, 98607, 98609, 98610, 98611, 98612, 98613, 98614, 98616, 98617, 98619, 98620, 98621, 98622, 98623, 98624, 98625, 98626, 98628, 98629, 98631, 98632, 98635, 98637, 98638, 98639, 98640, 98641, 98642, 98643, 98644, 98645, 98647, 98648, 98649, 98650, 98651, 98660, 98661, 98662, 98663, 98664, 98665, 98666, 98668, 98670, 98671, 98672, 98673, 98674, 98675, 98682, 98683, 98684, 98685, 98686, 98687, 98801, 98802, 98807, 98811, 98812, 98813, 98814, 98815, 98816, 98817, 98819, 98821, 98822, 98823, 98824, 98826, 98827, 98828, 98829, 98830, 98831, 98832, 98833, 98834, 98836, 98837, 98840, 98841, 98843, 98844, 98845, 98846, 98847, 98848, 98849, 98850, 98851, 98852, 98853, 98855, 98856, 98857, 98858, 98859, 98860, 98862, 98901, 98902, 98903, 98904, 98907, 98908, 98909, 98920, 98921, 98922, 98923, 98925, 98926, 98930, 98932, 98933, 98934, 98935, 98936, 98937, 98938, 98939, 98940, 98941, 98942, 98943, 98944, 98946, 98947, 98948, 98950, 98951, 98952, 98953, 99001, 99003, 99004, 99005, 99006, 99008, 99009, 99011, 99012, 99013, 99014, 99016, 99017, 99018, 99019, 99020, 99021, 99022, 99023, 99025, 99026, 99027, 99029, 99030, 99031, 99032, 99033, 99034, 99036, 99037, 99039, 99040, 99101, 99102, 99103, 99104, 99105, 99107, 99109, 99110, 99111, 99113, 99114, 99115, 99116, 99117, 99118, 99119, 99121, 99122, 99123, 99124, 99125, 99126, 99128, 99129, 99130, 99131, 99133, 99134, 99135, 99136, 99137, 99138, 99139, 99140, 99141, 99143, 99144, 99146, 99147, 99148, 99149, 99150, 99151, 99152, 99153, 99154, 99155, 99156, 99157, 99158, 99159, 99160, 99161, 99163, 99164, 99166, 99167, 99169, 99170, 99171, 99173, 99174, 99176, 99179, 99180, 99181, 99185, 99201, 99202, 99203, 99204, 99205, 99206, 99207, 99208, 99209, 99210, 99211, 99212, 99213, 99214, 99215, 99216, 99217, 99218, 99219, 99220, 99223, 99224, 99228, 99251, 99252, 99256, 99258, 99260, 99299, 99301, 99302, 99320, 99321, 99322, 99323, 99324, 99326, 99328, 99329, 99330, 99333, 99335, 99336, 99337, 99338, 99341, 99343, 99344, 99345, 99346, 99347, 99348, 99349, 99350, 99352, 99353, 99354, 99356, 99357, 99359, 99360, 99361, 99362, 99363, 99371, 99401, 99402, 99403
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