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Updated almost 4 years ago on . Most recent reply

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Fernando Puga
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Seattle House Hacking

Fernando Puga
Posted

Hello, 

I am a new RE investor trying to look for my first house hack. Currently, I am interested in Covington (around Timberlane area) and Auburn (close to Thomas Jefferson Highschool). For all the Seattle investors out there, what do you think would be a more preferable neighborhood to invest in for cash flow? 

Thanks, 

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Michael Haas
#1 Real Estate Deal Analysis & Advice Contributor
  • Real Estate Agent
  • 🌧️ Seattle Investor & OG HouseHacker | 🤑 Helped 90 Clients HouseHack | 🏘️ Own 17 Rentals & 5 Airbnbs | 🏗️ Built 5 DADU's
2,539
Votes |
706
Posts
Michael Haas
#1 Real Estate Deal Analysis & Advice Contributor
  • Real Estate Agent
  • 🌧️ Seattle Investor & OG HouseHacker | 🤑 Helped 90 Clients HouseHack | 🏘️ Own 17 Rentals & 5 Airbnbs | 🏗️ Built 5 DADU's
Replied

Thanks for the shoutout @Chace Fraser! @Fernando Puga there's a lot of factors that go into calculating cashflow, but in general Auburn's price-to-rent ratios are slightly better than Covington's. There's definitely great investments to be found in both cities though.

I can shoot you a rental report with a more detailed breakdown, sending you a DM now :).

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HouseHack Seattle
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