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Updated over 1 year ago on . Most recent reply

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Mragank Yadav
12
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5
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Federal Way / Tacoma / Kent Investment House

Mragank Yadav
Posted

Hello Folks 

I recently started looking into buying an investment house and currently live in Bothell. Now I wanted to keep my budget close to 500k, so that made most east side and Seattle inaccessible in terms of cashflow/buying power. So I started looking South and North and while there are prominent places in North like Lk. Stevens, Everett etc, I have been recommended Federal way and Tacoms as well and so I am trying to understand if there's a reality where 500k puts me in in atleast break even state with not less then B grade neighborhood properties.

PS: Looking to start investing in the next 3 months so if you are an investor friendly agent, feel free to reach out. 

Most Popular Reply

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445
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385
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Brandon Vukelich
  • Real Estate Broker
  • Tacoma, WA: 🏢 27 LTRs 🏡 3 STRs
385
Votes |
445
Posts
Brandon Vukelich
  • Real Estate Broker
  • Tacoma, WA: 🏢 27 LTRs 🏡 3 STRs
Replied

Hey Mragank, I sent you an email on June 23. Happy to discuss those markets when you have time. I highly suggest you research local landlord tenant law updates before you pick a city to start to run numbers. Federal Way is getting up there with Seattle in terms of nuttiness. Best wishes on your investing journey!

  • Brandon Vukelich

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