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17
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Chung Le
  • Investor
  • Beaverton, OR
6
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17
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RE: Investing Multi-plex in Kent,Washington

Chung Le
  • Investor
  • Beaverton, OR
Posted

Hi all,

I would like to know what is your opinion on investing in Kent, Washington? Any advises are appreciated. My goal are buy and hold for passive income.

Thanks

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14
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12
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Graydon Manning
  • Seattle, WA
12
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14
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Graydon Manning
  • Seattle, WA
Replied

hey there,

I don't hold or manage anything in Kent, but south king county multifamily is a pretty safe bet, at least for the time. Some sources (namely dupre and scott) predict potential oversupply in the rental market in 2018-2019 for skc and pierce, but a variety of factors could prove that wrong. For a long term hold, the next 20-30 years should be very good to Kent.

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