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Updated over 4 years ago on . Most recent reply

Account Closed
  • Rental Property Investor
  • Seattle, WA
0
Votes |
3
Posts

Advice - Seattle - house and adu community

Account Closed
  • Rental Property Investor
  • Seattle, WA
Posted

Seeking advice and logistical feedback:

I would greatly appreciate advice as I am seeking feedback on a community vision I have to also create more stability for myself.

I currently live in a loft apartment that is $1600 a month near Greenlake. It has no connection to nature and lots of break ins. Its been kicking my *** without AC. Id like to have a better quality of life with a yard so I can get a dog in long- term.

My idea is to buy a house and to either build or create a backyard adu (like studio shed). Id live in the adu. I’d like to rent the house out to some of my friends and cultivate a high-end conscious community.

I have a masters of architecture so I’d facilitate the integration of landscape and architecture in strategic phasing with a firm. Would love more of an Oprah garden vibe. I love community but I am an artist outside of my tech job and I meditate 1-3 hours a day and need to be able to close the door on the world. So that’s why this plan appealed to me.

I have $100k cash for a down payment and solid career. I have access to a loan at 1% interest. My main need is for quiet and less pollution and crime. I’m thinking the Matthews Beach or view ridge area.

So my question is - any feedback to share? What advice would you give me? Is this logical and what do I need to be careful about?

Thank you!

Most Popular Reply

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706
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2,345
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Michael Haas
#3 New Member Introductions Contributor
  • Real Estate Agent
  • 🌧️ Seattle Investor & OG HouseHacker | 🤑 Helped 90 Clients HouseHack | 🏘️ Own 17 Rentals & 5 Airbnbs | 🏗️ Built 5 DADU's
2,345
Votes |
706
Posts
Michael Haas
#3 New Member Introductions Contributor
  • Real Estate Agent
  • 🌧️ Seattle Investor & OG HouseHacker | 🤑 Helped 90 Clients HouseHack | 🏘️ Own 17 Rentals & 5 Airbnbs | 🏗️ Built 5 DADU's
Replied

Lol @Brian Hughes - yes, Seattle city council seems to think us landlords are “the dark side”. I think the city council is Emperor Palpatine though haha, I guess it goes both ways :). 

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HouseHack Seattle
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