Washington Investing for Newbies

[Theresa Walters]

Where are the best places in Washington State to start investing?

[John Barrett]

@Theresa Walters The answer to this question is entirely dependent upon you, your interests, strategy and goals.  I think the best place to invest is near where you live.  This makes it easier to know the market and self manage your property.  This is entirely my opinion and others will view your question completely oppositely.

I would suggest making of list of all the things that are important to you and you are not willing to compromise on.  Then I would make another list of things that are important but you would be willing to concede for the right deal or opportunity.  Finally, I would make a list of the items you don't want to do or plan to out source.  With this information, you can start to formulate what type of investment you are looking for (wholesale, flip, buy & hold, etc.) and what level of investment you want to make (no rehad, light, heavy, full gut rehad, etc.).  Investing is personal and while you should look at what others are doing and learn from them, ultimately you need ensure you are aligned with your goals.  I can understand if this seems like a non-answer to your question, but I do think it will help you to come to the real answer you are looking for (your own answer).

Best of luck,

John