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Updated almost 5 years ago, 02/01/2020

User Stats

103
Posts
76
Votes
Chris Williams
  • Spokane, WA
76
Votes |
103
Posts

Lay-of-the-Land in the Tacoma Area

Chris Williams
  • Spokane, WA
Posted

Hey folks! 

I'm looking at one of two areas for a 2020 move - Vancouver and Tacoma. The former due to its growing nature & proximity to Portland; the latter due to the fact that it's not in Seattle!

The plan: I plan to buy a property for a house-hack, plus AirBNB if possible. This I'll leverage into some straight investment properties, possibly out of state.

I confess to having less information on the Tacoma area. As such, I'm doing some research before taking a trip up there to sniff around. That includes checking here on BP!

Since it's been a little quiet this month, let me kick-start some discussion with a few questions:

  • What would you say is the Tacoma area's economic status?
  • Is the local RE market as hair-on-fire crazy as Greater Seattle?
  • I know Tacoma has some industrial areas...are the suburbs a better choice for investing?
  • Any 'regional red flags' of which I should be aware?

Thanks!

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