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Updated 12 days ago on . Most recent reply

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Audrey Sommer
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Most Recommended Place to Invest in Washington State

Audrey Sommer
Posted

In the professional opinions and experiences of the investor community, what place in WA state would you invest in a Long term rental?

If you live in WA state, would you pick your local WA state market over an out of state rental, and why? 

  • Audrey Sommer
  • Most Popular Reply

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    John Barrett
    • Rental Property Investor
    • Everett, WA
    378
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    441
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    John Barrett
    • Rental Property Investor
    • Everett, WA
    Replied

    @Audrey Sommer I think you can still get cash flow investing in Snohomish County. The challenge is the that you need to have a plan for the property that will allow you to improve rent collection, lower expenses or build the equity. Rent growth has been flat over the last year so you need to account for flat rents near term. That said, investing in real estate is primarily a get rich slowly endeavor. If you are able to follow this path over time you will do great.

    John

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