All Forum Posts by: Peter Yang

Thank you @Bettina F.and @Rick S. It does seem like hiring a property manager is a good idea given I'm OOS.

We just bought a property in Seattle and are looking to rent it out. I know Seattle has crazy landlord-tenant rules - are there any experienced Seattle landlords that can give advice on tenant screening, etc? Thanks in advance.

We're thinking of investing in High Point in West Seattle to rent out. I know it's a mixed income neighborhood but seems like a pretty safe neighborhood. 

Any Seattle folks familiar with the area? What kind of renters would we get?

We live in California and are looking to purchase an investment property in Seattle. We're originally from the area so are somewhat familiar with the city.

I know the Seattle area market there is getting ridiculous but it seems like there's still a lot of upside in property values due to tech and foreign investors. Do folks have thoughts on any of the following:

1. What are some up and coming areas in Seattle that are within commute distance to Amazon / tech companies? (e.g. Beacon Hill?)
2. I heard the Seattle city laws are bad for landlords - has anyone had any personal experience?
3. Any recommendations for experienced agents for investors (or if you're an agent), would love to chat.

Thank you guys in advance!

Thank you all for your responses! 

Being new to this, I'm hesitant to buy a property that requires a ton of upgrade or is in a neighborhood I'm less familiar with. Although it does seem like buying a fixer upper / a property in non-Bay Area markets is a better investment right now.

Definitely willing to consider Sacramento and other surrounding areas though. 

Hi folks, I'm looking to purchase my first investment property in the Bay Area. Looking for positive rental cash flow for about $400K purchase price.

I know that's a tough ask given the inflated prices in this market, but having gone through the forums it looks it's still possible to find properties with good value in places like Richmond, Hayward, etc. 

Any tips to get started or areas to look into are welcome!