In this episode of Chess Not Checkers, hosts Keith Riddle and Jordan Tampien chat with Jim Orcutt, a local real estate pro, about his journey from Spokane to becoming a successful investor and entrepreneur. Jim talks about how his start in construction and finance led him to real estate, and how a mentor in Seattle helped shape his approach to property investing.

Jim shares his experience buying small multifamily properties in Spokane and how he learned that owning real estate, rather than just brokering deals, was the key to success. He also talks about the challenges of investing, like financing issues, renovation surprises, and market ups and downs—and how resilience and planning are key.

If you’re looking to get into real estate, Jim’s advice on starting with clear goals, seeking mentorship, and being patient is spot-on. Tune in to hear Jim’s story and get some valuable tips on building a successful real estate career.