All Forum Posts by: Dashiel C Neimark

Hi,

I've heard from many folks that Seattle, WA is not very landlord friendly. Is that the case with all of King County? For example, Kent, WA is an area I am interested in. Do landlord rules apply the same way there? Wasn't sure if it's city by city or across the whole county or how that works exactly.

Thanks in advance for your advice!

Hey BP community! Hope you all are enjoying the holiday season.

Just wanted to start a quick discussion about thoughts regarding investing in West Seattle. My own analysis and viewpoint is that it might have some room to grow with the rapid transit line coming in the next couple years. Also, it seems like Seattle prices have slowed somewhat in the last 2 years, but the surrounding suburbs (like Tacoma) are blowing up in price. I'm looking at a 2-3 bedroom new construction townhome to purchase and live in myself for a few years, with the intent to rent it out maybe 2-5 years down the road when I leave for another state.

Is this a good opportunity to buy in Seattle (and specifically West Seattle)? What are your thoughts?

Hi all. I'm looking to perhaps purchase a new construction SFR (4-5 BR) within the 350-550k range in Charlotte. Goal is to seek out safe neighborhoods within a 25 min drive. I'm leaning towards buying for myself, maybe staying a year, then renting it out.

I was targeting Matthews, as it seemed to be low-crime, has decent schools, yet isn't too far to commute downtown.

Just curious if anyone has been actively researching this area or similar areas in Charlotte and had some advice to share. I love to see what the community has to say.

Thanks

Hi all. Let me preface this by saying I totally agree that you can find good deals in any market. That said, it certainly seems like it's harder to do in some markets now due to rapid growth in recent years.

I've heard a bit of talk that Denver / Boulder area has blown-up super fast and the deals are harder to find now.

What are your thoughts on investing in between Denver and Boulder (Westminster/Superior/Broomfield)? Still worth looking into or is it too late? Not necessarily limited to type of rental investment, I'm open to rehabs, new construction, house hacking, duplexes/triplexes.

Just gauging general thoughts and sentiment around this area. Appreciate any and all advice.

What about Round Rock? Or is Austin just generally better in terms of cash flow? Any specific locations you all think are worth targeting in the Austin / Round Rock area?

Hi all. I too am considering exploring a few areas to invest in (between Boulder and Denver as well as possibly Colorado Springs). 

I've heard a lot of folks say that it's too late to invest in the Denver area. Is that necessarily true? I was looking at Westminster/Superior/Broomfield, places with access to public transit to Denver and still within 20-30 mins driving distance to Boulder. Potentially buying a house for myself, living there a few years, then renting it out. Or perhaps house hacking right off the back with a duplex. Just curious is anyone had thoughts on those areas. Thanks!

Thanks everyone, this is super helpful.

It sounds like West Seattle may not even get the expansion? Competing proposals / insufficient budget? Maybe a safer bet is both south and north of Seattle (Tacoma / Lynnwood / Everett). I'll have to keep exploring. Good info!

Thanks, Michael. Super helpful. Is there a definite map of where the lightrail will be? Or is it still pending? Or do you mean the existing lightrail? I know there's talk of expanding it / introducing more rail systems

Thanks, Brandon. I hadn't seen too many duplexes on the market but I'll look more into that. I'm looking to move there and work there.

Hi all,

I've been looking at alternatives to Seattle as a purchase initially for myself but likely as a rental a few years down the road. I've heard Tacoma is a hot pick but I was also checking out Lynnwood and Everett.

Curious if anyone had thoughts on those two areas. My goal is a 3 or 4 bed home under $600k as either a new construction or a light to medium rehab. I'm thinking over the next few years people will start to expand into the surrounding areas of Seattle more than usual due to an increase in WFH, particularly in tech.

Just curious if anyone had already explored some of these options. Thanks.