Hello Everyone,
Happy to be here! I am an investor from Renton, WA and new here in Bigger Pockets. I am looking to purchase my first rental property before the year ends and I am seeking an area where I can get my feet wet and get the best bang for my buck. My criteria:
- 1. Within 25 miles or approx 1hr drive from where I live
- - Since this is my first rental I would prefer to purchase a house where I can easily drive by and check on it during rehabbing.
- 2. Price Range In the Lower 200's
- - Of course, I would have to rule out Seattle and East Side since houses there are way too expensive. I've seen from the forum recommendations for Tacoma, Bremerton, and Everett yet MLS only have a few listings in this range except if I go for foreclosures/auction which I want to avoid since it maybe complicated process for a newbie.
- 3. Minor Rehab Opportunity
- - Would like to do the BRRR strategy to force the property's appreciation but hoping the rehab won't be too overwhelming.
Any recommendations? Thanks in advance for your help! :)
