New user - looking for advice for SW Washington State

[Peter Bollwerk]

Hello,

I live in California (Bay Area), but will be moving to the Vancouver, WA area around the end of the year.

I've been interested in dabbling in real estate STR/MTR/LTR and have been researching options for the past year or so.

I'm curious if anyone here has experience in Clark or Cowlitz county, Washington state. Part of my research has been trying to read and decipher zoning laws in both counties, but it's quite a complicated task.

The majority of my capital is tied up in my existing primary home and I have no other real estate, so I'm quite hesitant to sell when I move, as I won't be able to afford to buy a primary home with current interest rates, given the market prices I see in the area. (current home mortgage is 2.875%)

My tentative plan is to rent a small apartment in the meantime, until interest rates come back down, but I realize that could be years, so it's frustrating to think about.

Ideally, I want to buy land and build a new home, ADU to rent, and have additional space for glamping, if the county allows it. (but I'm not confident this is allowed on non-commercial zoning).

At a minimum, I'll stick to buying land or a house outside of any city limits, and without an HOA (or restrictive CC&R) to make zoning/laws a little easier to manage (in theory).

Thanks for any/all advice.

[Kade Drake]

Quote from @Peter Bollwerk:

Hello,

I live in California (Bay Area), but will be moving to the Vancouver, WA area around the end of the year.

I've been interested in dabbling in real estate STR/MTR/LTR and have been researching options for the past year or so.

I'm curious if anyone here has experience in Clark or Cowlitz county, Washington state. Part of my research has been trying to read and decipher zoning laws in both counties, but it's quite a complicated task.

The majority of my capital is tied up in my existing primary home and I have no other real estate, so I'm quite hesitant to sell when I move, as I won't be able to afford to buy a primary home with current interest rates, given the market prices I see in the area. (current home mortgage is 2.875%)

My tentative plan is to rent a small apartment in the meantime, until interest rates come back down, but I realize that could be years, so it's frustrating to think about.

Ideally, I want to buy land and build a new home, ADU to rent, and have additional space for glamping, if the county allows it. (but I'm not confident this is allowed on non-commercial zoning).

At a minimum, I'll stick to buying land or a house outside of any city limits, and without an HOA (or restrictive CC&R) to make zoning/laws a little easier to manage (in theory).

Thanks for any/all advice.

Hey Peter, Vancouver, WA has a local investing group that would be helpful to you. Look up REVIN on facebook and join the group. I would talk members in that group to get more info about local areas.