Landlord friendliness of all counties in Greater Seattle area

[Cindy Zhang]

Hi! I'm looking into Greater Seattle area for the first time and would like some advice and pointers in terms of landlord friendliness of each surrounding county that's worth considering for rental property investment, especially King vs. Snohomish county.

I'm also trying to compare notes on property investment between states. If you've got great insights to offer, please head to my other post below!

https://www.biggerpockets.com/forums/770/topics/443995-first-time-out-of-state-investor-looking-for-advice

[Account Closed]

Have you looked at Tacoma? I was born and raised in the Seattle area so I know it well. If you are looking for appreciation I believe Tacoma is next. Seattleites are moving there in droves because of the lower cost of living. High end condos being built all over. The area adjacent downtown known as "hilltop" used to be a war zone, but is starting to gentrify. Lots of Hipster types, and new cafes and restaurants. Also, they are extending the light rail system down to Tacoma from Sea-Tac airport in the near future. I'm seeing it become the next Oakland or Brooklyn. The city is getting too expensive and the spillover of high income professionals will cause prices to rise. The cap rates are much higher in Tacoma as well. I own a duplex just south of Seattle in Burien. I bought in 2013 when the market was low so I'm cash flowing well, but I could never find a deal like that now in King County. The low hanging fruit is gone.