Out of state - Ocean Shores, Gray Harbor County, Washington market Information

[Sarah Becker]

I am curious if any other Bigger pocket members have explored this are and can comment as to the market conditions and recommend any professionals (contractors, agents, inspectors, handymen, property managers, attorneys or JV partners) in the area.

I am a broker and investor in California I have been traveling in the pacific northwest more recently.

As we all know California can be a pricey market. I have done very well as an investor in CA and while I do not plan on fixing what's not broken, I am considering exploring and expanding into out of state cash flow markets.

My past experience with out of state investing was not a positive one (mind you that this was 10 years ago) but I learned a tremendous amount from my mistakes. Whew... Education is  sure expensive when learned the hard way. I will leave it at that. :)

I have been reading bigger pockets like a crazy woman and I have found a wealth of information. @Brandon Turner's posts  have been a tremendous help regarding Grays Harbor County.

My overall thoughts on the area are as follows and I would love feedback or additions to this from BP members:

 The market is depressed. Foreclosures are high. This reminds me of some of my northern CA markets about 3-4 years ago when I really wish I had been able to by and hold way more properties.  While the market may not be poised to turn around quickly  my thoughts are to purchase properties with positive cash flow and hold for 2-10 years.

Anyone who can weigh in on this market place is greatly appreciated.