Local Market Rents in Various Tacoma, WA Neighborhoods

[Erin Caldwell]

Hello everyone!

I am new to real estate investing, and am gathering all the information I can. I am looking in the Tacoma area for a BRRRR strategy 2-4 plex (aka a fixer upper). I have put in an offer on a triplex in South Tacoma, awaiting a response.

However, I'm wondering about all different areas in Tacoma. I linked an article below (the first one from Business Examiner), it says that rents in South Tacoma have gone up 10.8% in the past year. Do you guys agree with these figures?

Where are your rents going for each month in your neighborhood? I know each neighborhood and each property is so different, but I also know the market is changing so fast. Have you noticed changed with rents recently? Thanks for the help!

http://www.businessexaminer.com/blog/April-2017/Ta...

http://www.thenewstribune.com/news/business/real-e...