Page 13 - Venture - State of the Market 2020
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What do you consider to be some of your
greatest successes?
My family. Through my investments we
You recently moved to Enumclaw. How is were able to live our dreams. We are
one of those “extended” families. My
living in Enumclaw compared to Sammamish? grandmother lived with us when I was a
child and also when Joe and I married.
My son married Joyce who also lived with
When we received the offer we were her grandmother and aunt and uncle as
finally looking for, we relocated to our a child. Joe and I built a guest house on
home in Enumclaw. Enumclaw is like our Sammamish property for his folks in
Sammamish 25 years ago only better. It their retiring years. My youngest son lived
has a mountain right out our window. We in that guest house until we sold.
have 4 acres with lots of open space and
room to grow. Investment wise, each property we
bought as we held on and sold, we did
very well. Jason’s three acres will soon be
When investing, what do you look for in a midrise multi family complex in Samma-
terms of the deal or the deal sponsor? mish and the rumor is mine will be senior
housing.
In the beginning it was all our ideas and How is it working with Andy, do you have
hard work. My investing has broadened any funny stories you’d like to share?
considerably. When I decided to sell the
duplexes in Redmond I struggled. My
first experience with a commercial realtor Real Estate has been a profitable invest-
was not a good one. Luckily I met Andy ment for me. Jamie and Andy give me
Langsford. From the first meeting, I felt I the opportunity to continue to invest in my
had met someone I could learn from and community. They are always a phone call
trust. My son and I met with Andy and or a cup of coffee away. We have made
moving forward with the sale was one of money on every investment we have
my best investment moves I made. done. I started investing in flips with them,
and now we are investing in apartment
complexes. We have discussed investing
in the next Adriana and I’m excited at the
opportunity. Each time we get together
though it’s a good time with an update on
business and some laughs.
Most of the time things go well with real
estate, but issues do arise. Andy is always
“WHEN YOU INVEST, YOU keeping me updated when things are
ARE BUYING A DAY THAT going smoothly, as well as when we have
YOU DON’T HAVE TO an issue to deal with and how we’re going
WORK.” - AYA LARAYA to fix the problem and get it done. I do
appreciate that.
VENTURE | 2020 STATE OF THE MARKET 11