Are tenants paying their rent in Seattle in 2021?

[Gulliver R.]

Hi All!

Hope everyone is staying safe out there! I wanted to reach out to you investors in the area because I'm planning on investing in Seattle and surrounding areas (i.e. Shoreline, Everett, Bothell, Kirkland, Bellevue, Redmond, Renton, Kent, Tukwila, etc.). I'm back and forth from SoCal to Seattle every month. But I wanted to check the pulse on the market. I wanted to know if there are a lot tenants out there taking advantage (maybe abusing the ability to not pay rent right now during this pandemic). Are tenants paying their rent in Seattle and surrounding areas in 2021? I appreciate the input!

Best,

Gulliver

[Gulliver R.]

@Griffin Coxen I agree that in Seattle and neighboring cities that in the tech industry and other essential businesses/industries that tenants with these kind of jobs should be fine paying the rent every month these days. Granted, I don’t have any properties in Seattle and/or surrounding cities (yet), but I would think these are good factors for having good tenants that pay the rent during this pandemic.

I would like to hear from other investors in the area if they are having tenants pay or not during this pandemic. So far I’ve mostly heard of investors commenting that their tenants have been paying. Which is a great sign!