Investment Properties & Rental

 
 

Work with a professional who cares about your success. Jennifer Suemnicht has a proven success record for helping people find great properties. Whether it’s your own home, a property to fix & flip, or a rental property to hold longer term for cash flow - buying, selling, and owning real estate is a great way to diversify your investment portfolio.

Law of Agency Real Estate Pamphlet »

 

Buying a home with sweat equity potential

Home improvements are a great way to increase the value of your home. — Jen knows what to look for in properties that will maximize your profits. For example, homes with solid bones and cosmetic fixes, unfinished basements, mother-in-law (MIL) potential, hardwoods under carpet, kitchen & bathroom remodels, and more.

Add a garage or Accessory Dwelling Unit (ADU) - Whether you build the garage or ADU yourself or hire a contractor, if the lot is large enough and zoning allows, this is a great way to improve your quality of life while you enjoy your own property and add equity to increase your profits when you sell in the future. An Accessory Dwelling Unit (ADU) is a detached rental unit. These are allowed in many areas as long as the owner lives on the property and are a great way to earn income.

should you create a legal entity?

Protect your ass-ets - Consult an attorney and consider forming an Limited Liability Corporation (LLC) or Limited Partnership (LP). This type of asset separation is a precaution that can protect you and your holdings in case things don’t go as planned.

Commercial, Industrial & REtail

Jen will refer you to an expert in this field - A network of highly experienced colleagues. Contact Jen today to be referred to a commercial real estate expert.

BUying and maintaining rental properties for long term cash flow

Build your empire and plan for retirement — The game monopoly taught us how owning properties and collecting rent is a great way to earn income. When looking for a rental property it’s important to look for a home with solid bones. Number of bedrooms, neighborhood, and other factors can increase rental income. If you are planning to use a loan to finance the purchase, keep in mind that investment properties or any non-owner occupied property will have a higher interest rate and required 20-25% minimum down payment. Talk with your CPA about tax deductions. Consider your operating expenses and return on investment. Work with your lender, CPA, contractors, and real estate agent, Jen, to provide important information to help you make informed choices.

selling your rental to buy a larger investment property

Considering selling investments? Let’s talk about ways you can reduce costs and maximize your profits —  Could you be eligible for a capital gains tax exclusion? Did you occupy the residence for 2 of the last 5 years? Are you interested in buying a new investment property to trade up for something larger?- and if so, perhaps a 1031 Tax Exchange could be used to defer the capital gains tax. Jen can guide you and provide you with more information so that you know all your options.

Communications & reporting

Jennifer Suemnicht really listens to the needs of her clients and provides custom information for each person — Jen works with a wide range of clients and situations accommodating each person’s preferred communication style. Whether it’s face to face at your home, at the Seattle or Bellevue RE/MAX offices, via phone, text, email, or other methods, every step of the process will be clear. Updates are regularly reported and Jennifer responds to messages and answers calls promptly.