All Forum Posts by: Cindy Zhang

Hi! I'm looking into Greater Seattle area for the first time and would like some advice and pointers in terms of landlord friendliness of each surrounding county that's worth considering for rental property investment, especially King vs. Snohomish county.

I'm also trying to compare notes on property investment between states. If you've got great insights to offer, please head to my other post below!

https://www.biggerpockets.com/forums/770/topics/443995-first-time-out-of-state-investor-looking-for-advice

I'm a home owner in California and looking to invest in Seattle area for rental properties. Cashflow is relatively straight forward and easier to calculate, so I find myself mostly struggling with the evaluation on property appreciation potential. 

I wonder whether some of the same play book items in CA still apply in WA and if not, why not and wo what extent.

For example:

1. Land appreciates and house generally depreciate. Therefore the larger land, the better.

2. School district comes first. It takes many years to build up a good school district and it stays relatively stable.

3. Commute comes next. Good school district appreciates first and most, then the neighborhood with great commute but worse schools (with families sending kids to private schools as an option).

Also, I happen to notice that the ratio on foreclosures seems to be a lot higher in Seattle than in North CA. Does it mean anything to investors?

Would love to hear your view on it!