Finding Renters in Spokane

[Mike Sebastian]

I'm looking to invest in a 2/3/4plex in the Spokane area since I've heard so much about it. I'd like to move there for a year or two and renovate the units as I can myself, but am curious about how easy it is ti find renters around the area? 

I've read some great news articles about everything other than finding a building, but haven't had too much trouble locating some that match my goals. 

With that, does anyone have any advice on areas that are better for renters, or reasons for/against buying a rental property in the Spokane area? 

[Haydn Halsted]

Hi Mike, 

It is fairly similar to the housing market and it's very competitive for renters. I have multiple friends who have bought a small multi family to house hack and then have had no problem even filling individual rooms in those units to up their cashflow. 

I'm looking at 6 bed, 3 bath single family houses on the north side (more mother-in-law set ups) in between Gonzaga and Whitworth to hopefully target student housing. I've managed a couple Gonzaga properties and it's a breeze to find people especially over the summer.