Cash Flow Positive Rental Property in Seattle/Bellevue Area

[Uttam A.]

I am in WA and looking to get into the rental real estate investment but cannot find any cash flow positive opportunities in greater Seattle/Bellevue area due to high cost here. I even looked at new upcoming areas like Lacey and Puyallup but now sure how is the rental market in those areas.

[Curtis Bidwell]

@Uttam A. I have property in both Puyallup and Lacey-Olympia-Tumwater.  The whole region is dynamic but I tend to like Thurston County better.  Our purchase-to-rent ratio is generally better than up north.  We have a diverse economy. Demand outpaces supply ...substantially. 

Last week I advertised 1 unit and rented 2.  I could have rented 4!

Even better opportunities are found in some of the outlying smaller communities like Shelton where they have easy access to Olympia (20 minutes), less expensive cost of living, and far less political and social drama than in Seattle.  

Opportunities are there if you diligently research, have the means to close,  and follow through.  Good luck!