Rental Property Investor · Everett, WA · Member since 2019 · 4 posts · 1 vote
Hi, I’m based in Everett WA and investing in multi family properties. The high purchase prices are causing me to look at eastern Washington. I’ve found a few duplexes out there that look like good cash flow but I don’t know the area real well. Can anyone recommend a good area of Moses to look at or a better city on the I90 corridor? I also need a great property manager to run them!
Yeah that is an area known as the base. those are all formally military housing in there from when the airport used to be in Air Force Base. The rents in that area are the lowest in the Moses Lake area and I don't think you would actually be able to turn a profit with that purchase price. That is actually more expensive then in the higher rents locations.
Hi Nick, keep going a little further east on I-90 to Spokane. Spokane has great opportunities for multifamily investing with more and more poping up on the MLS everyday. I can also direct you to a great property manager in Spokane that could also help with the search.
I invest in Moses Lake from out of state and my business uses GRQ Property Management. However, I do have close friends at other companies there as well. I am originally from Moses Lake and head up that way from Portland, OR several times a year. If you'd like to connect, feel free to send me a message.
Yeah that is an area known as the base. those are all formally military housing in there from when the airport used to be in Air Force Base. The rents in that area are the lowest in the Moses Lake area and I don't think you would actually be able to turn a profit with that purchase price. That is actually more expensive then in the higher rents locations.