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Updated over 8 years ago,
Best place for buy and hold - Washington or elsewhere?
Hi everyone,
We live in Everett, WA and are looking to start investing. It's almost impossible to find anything within 2 hours any direction that meets the 2% rule. Fixer uppers are all well over $100K, which we can do but I'm not sure if it's the smart play.
We are looking long-term and are most interested in appreciation over the next 10 or so years but obviously want the property to have a positive cash flow as well.
We are open to out of state purchases but want to make sure we choose the right place as from what I understand you have to build a reliable team and it's harder to do that out of state.
I would love to hear opinions on this as I really appreciate that there is a lot of knowledge on this forum. Thanks!