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Account Closed
  • Arcadia, CA
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New rental investment in WA - Spokane area?

Account Closed
  • Arcadia, CA
Posted May 17 2016, 19:55

Hello,

I am new to rental investments and am considering my first rental property in WA. I'm considering a budget of $100-150k. I am currently in the Spokane area and was recommended to look into Perry District. I am new to WA (from southern CA). I have a few questions about this scenario:

- Is this budget realistic for a quality rental property in a quality neighborhood in WA?

- What do you think about Perry for rentals or are there any other Spokane neighborhoods I should consider in that budget?

- Other areas in WA that might be good for that budget?

- Should I focus on single family homes or condos in that budget?

Thanks in advance for your help!

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