RE: Investing Multi-plex in Kent,Washington

[Chung Le]

Hi all,

I would like to know what is your opinion on investing in Kent, Washington? Any advises are appreciated. My goal are buy and hold for passive income.

Thanks

[Graydon Manning]

hey there,

I don't hold or manage anything in Kent, but south king county multifamily is a pretty safe bet, at least for the time. Some sources (namely dupre and scott) predict potential oversupply in the rental market in 2018-2019 for skc and pierce, but a variety of factors could prove that wrong. For a long term hold, the next 20-30 years should be very good to Kent.