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Updated 6 months ago, 06/06/2024
Rental Homes in Salmon Creek/Vancouver, WA 98686
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.
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.
Thanks for the shout out @Michele Fischer I agree OR laws are more strict than WA, but I'm afraid WA is trying its hardest to become as bad lol...
@Brandon Nguyen Vancouver still has lots of appreciation potential so you'll definitely benefit by owning there long term.