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Updated over 1 year ago on . Most recent reply

Ryan Lam's profile image
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Ryan Lam
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Ryan Lam
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Ryan Lam
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General Real Estate Investing

Is it still possible to cashflow in Seattle?

Ryan Lam
Posted

I'm currently looking to buy my first rental property, but after running some numbers nothing seem to cashflow in the greater Seattle area. Is there still deals in Seattle or should I look oos?

Seattle, Washington
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Sherief Elbassuoni's profile image
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Sherief Elbassuoni
  • Realtor
  • from Bellevue, WA
  • Member since May 20, 2019
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Sherief Elbassuoni's profile image
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Sherief Elbassuoni
  • Realtor
  • from Bellevue, WA
  • Member since May 20, 2019
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Sherief Elbassuoni
  • Realtor
  • Bellevue, WA
1,968
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882
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Sherief Elbassuoni
  • Realtor
  • Bellevue, WA
Replied
Quote from @Ryan Lam:

I'm currently looking to buy my first rental property, but after running some numbers nothing seem to cashflow in the greater Seattle area. Is there still deals in Seattle or should I look oos?

 @Ryan Lam, we get cash flow with creative ways like STR, rent by the room, split level homes that get rented to two families, .....

If you are just renting one house to one fmaily, it will not cash flow

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