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Updated over 8 years ago on . Most recent reply

User Stats

90
Posts
13
Votes
Ben Lukes
  • Investor
  • Seattle, WA
13
Votes |
90
Posts

Buying condos as rentals in Seattle?

Ben Lukes
  • Investor
  • Seattle, WA
Posted
Is anyone buying condos in Seattle, renting them out, and getting positive cash flow (and if so, how much)? New condos (this cycle or the last), or older condos (prior to last cycle)? What areas are working for you? I've been looking around Ballard, Magnolia, and Queen Anne Hill (areas I am most familiar with), and it looks like I might be able to get some deals to be cash neutral or moderately cash positive, but I'd love to hear if others are already doing this. Given the appreciation potential in this area I really only care about having enough of a cash flow cushion to comfortably reduce the chance of going negative.

Most Popular Reply

User Stats

624
Posts
274
Votes
Ruth Bayang
  • Investor
  • Kent, WA
274
Votes |
624
Posts
Ruth Bayang
  • Investor
  • Kent, WA
Replied

I think this is @Adrian Chu 's niche

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