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Juan Silva
  • Real Estate Investor
  • Kirkland, WA
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33
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Are there any "2%" markets in Western Washington?

Juan Silva
  • Real Estate Investor
  • Kirkland, WA
Posted Dec 2 2014, 18:08

I've been searching the MLS for a couple months now looking for my first rental investment in Western Washington, but so far haven't found anything close to the suggested 2% rent to purchase price rule.

Does anyone have suggestions on which areas fit the mark? If not, then what percentages are other REI's typically realizing when purchasing SFR and/or 2-4 unit properties in King, Snohomish, Pierce counties.

Thanks in advance for any/all feedback.

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