Hi folks - I am looking to make an investment in a long term buy to rent, looking at around the $200-250k purchase price mark , ideally a lower mtce townhouse, or condo, and looking for capital growth and solid returns with young professional tenants. I'd welcome opinions on which suburbs / cities make sense - thanks
@Robert Wooden I currently like Everett, WA. It's a really cool city with potential to get even better. It's next door to Boeing (walking/biking distance), 1hr North of Amazon in Seattle, 45 min North of Microsoft, only a couple hours South of Canada, and it's growing. Good infrastructure and ocean/mountain views. Bellingham, WA and Spokane, WA are close 2nd's for me... Good luck!
@Robert Wooden obviously my opinion is very biased, but if you're looking for condos in that price range Bellingham is your spot! Median sales prices for condos over the past 2 years in Bellingham was TWICE that of single family detached and there's no sign of slowing down.