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Updated 9 months ago on . Most recent reply

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Brandon Nguyen
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Rental Homes in Salmon Creek/Vancouver, WA 98686

Brandon Nguyen
Posted

Hello, I am wondering what everyone thinks about owning a (long-term) rental home in the Salmon Creek are in Vancouver, WA 98686. 

I am not living in the Salmon Creek area but thinking about retiring there 10 or so years from now.  I am also thinking of buying 4 bedroom home now or in the near future and renting it out until I move there. Any thoughts or suggestions are GREATLY appreciated.

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Michele Fischer
  • Rental Property Investor
  • Seattle, WA
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Michele Fischer
  • Rental Property Investor
  • Seattle, WA
Replied

Hi Brandon.

I would rather own in WA than OR, although I am sure you will hear both sides.  I feel like Vancouver is a nice size - big enough to find quality property management and trades, but small enough to be a little less urban.

If this is an area you'd like to live in the future it may make a lot of sense.

I might suggest a three bedroom, but will be interesting to see what others think.  There is demand but I'm not sure you get the premium for the fourth bedroom.  I find the larger houses are more difficult to find good market rate comparable rents and they will likely attract applicants that bring more wear and tear.  But I am probably biased living in my teeny tiny downsized space and never wanting to go back to big.  Think about what features you really want.

Suggest you connect with @Dan Z. on this site for some insight.

  • Michele Fischer
  • Podcast Guest on Show #79
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