Is seattle a great place for rental properties?

[Joe Be]

Hello, i was wondering if seattle or any other part of washington is a great place for rental properties? Thank you.

[Brandon Vukelich]

As noted above, if you plan to invest in Seattle, you will need to put A LOT down to make the property cash flow and cash on cash returns are lower. But very strong appreciation, jobs, rental demand, etc. I strongly encourage people to consider outside the city limits. The city council has a strong socialist mentality and is extremely anti-landlord. About an hour south is Tacoma, which is also one of the hottest markets in the country. Prices are about half and laws are not quite as crazy as Seattle. We have a saying around here, "Don't Seattle my Tacoma." The Puget Sound area has been very solid for years and there is no signs of slowing. The virus is bound to change things but properties are still moving very quickly, over asking. You should also consider areas like Bremerton, Lakewood, Puyallup, Everett, Kent and other outlining areas or go far east to Spokane. It really depends on the type of investment you are looking to acquire. Best wishes on your investment goals!