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Updated about 7 years ago on . Most recent reply

User Stats

39
Posts
8
Votes
Marquis W.
  • Investor
  • Albany, GA
8
Votes |
39
Posts

Rule of Thumb for Seattle Market

Marquis W.
  • Investor
  • Albany, GA
Posted

Hey, BP I Live in south GA and I am considering working in the Seattle area.  I only have to to report to work 36 times a year so at first I considered just making 36 round trip flights back and fourth between GA and WA or getting an rv and just keeping it parked somewhere for the times I don't feel like coming back. I am now thinking it would be best to invest in a duplex or some type of vacation home that I can rent  when I am not using it. With that said I need to know what to look for as far as the math is concerned. Here at home we have a very affordable market i just purchased a 2400 sq ft home for $10,000 I don't see that happening in Seattle, so I need help justifying Seattle's Market and making sense of either vacation home rental or multifamily with me living in one and at least breaking even if not cash flowing.

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