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Updated almost 5 years ago,
Seattle REI
Recently discovered the amazing BP site - wish I had found it years ago! My husband and I have several properties in the Seattle area, one of them is owned by our Profit Sharing Plan. They are all buy-and-hold with good rental income.
I recently started to get more serious about REI and exploring non-recourse loans and buying multifamily properties in Tacoma, WA and NW Indiana. We are looking in Tacoma because the Seattle market is getting too expensive. It's great for our existing properties though. NW Indiana (just outside Chicago) is affordable and easily find properties with 10-15% CAP. Appreciation will be flat compare to Seattle, but the solid income stream will be nice.
I am following the forum, watching podcasts and reading what I can get my hands on - so much to learn.
Cheers!
Amy