Washington State investment areas of focus?

Washington State investment areas of focus?

New to Real Estate · Port Orchard, WA · Member since 2020 · 12 posts · 2 votes

New to real estate investment and am gathering as much information and knowledge on the various processes. Living in an expensive market is looking difficult to begin so was wondering if anybody out there has insight on the best areas around Washington that offer future growth and development. I'm in the Kitsap County area looking at Single and multi family homes to rent currently and possibly looking at Eastern Washington. Thanks

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Lender · Seattle, WA · Member since 2014 · 2k+ posts · 899 votes
6y

 1) get pre approved with a lender and 2) get a relationship built with a local agent that knows the  area and has time for your plans ....

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  • Lender · Seattle, WA · Member since 2014 · 2k+ posts · 899 votes
    6y

    Bremerton  and Port orchard  seem be  be booming  with opportunities that are affordable  ( relatively speaking )

  • New to Real Estate · Port Orchard, WA · Member since 2020 · 12 posts · 2 votes
    6y

    That's good to hear! I see opportunities out here but need to sit and analyze as many deals to really get a grasp on the market. Anybody you'd recommend speak to (realtors, lenders, mentors) in the area that work with investors or just somebody to speak with to gain knowledge?

  • Lender · Seattle, WA · Member since 2014 · 2k+ posts · 899 votes
    6y

     1) get pre approved with a lender and 2) get a relationship built with a local agent that knows the  area and has time for your plans ....

  • New to Real Estate · Port Orchard, WA · Member since 2020 · 12 posts · 2 votes
    6y

    Thank you!

  • Lender · Seattle, WA · Member since 2014 · 2k+ posts · 899 votes
    6y

    welcome 

  • Investor · Tacoma, WA · Member since 2016 · 120 posts · 112 votes
    6y

    @Joey Walker Specific parts of Spokane are extremely hot right now for MF and still seem cheap compared to Western WA

  • Investor · Tacoma, WA · Member since 2016 · 120 posts · 112 votes
    6y

    @Joey Walker Parts of Spokane are extremely hot right now for MF and still seem cheap compared to Western WA. Might be another market worth looking at.

  • Real Estate Agent · Spokane, WA & North Idaho · Member since 2017 · 135 posts · 170 votes
    6y

    Spokane is experiencing double digit % appreciation right now. All economic signals are pointing in the right direction too, more jobs, more business expansion, great schools AND low cost of living.

  • New to Real Estate · Port Orchard, WA · Member since 2020 · 12 posts · 2 votes
    6y

    Thanks Phil, we will look into market when the wife and I are ready to start!

  • Rental Property Investor · Florence · Member since 2019 · 62 posts · 25 votes
    6y

    It was great to have you at REAPS this month! I personally house hack in port orchard and am more then happy to talk with you about it some time. best of luck!

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