I’m a lifelong Alaskan and my dream has been to move to Seattle. I have been there many times on vacation and I love the weather and the people. We are real estate investors who do pretty well for ourselves in Alaska, with a mix of long-term, short-term rentals, and flips. We only buy properties that need extensive repairs to maximize return. Houses here are expensive, but not nearly as expensive as Seattle. And our rents are actually much higher than Seattle. So we make more in rents with less capital. We also don’t have a property sales or transfer tax here, so that doesn’t come into play with our flips.
Anyways, I want to ask how is the real estate investing market over there? We are moving in about a year, but we are also weighing our options to other places with more favorable terms for real estate sales. Any input or experiences? Thanks!
Any investors here from the greater Seattle area?
byu/zeldaluv94 inrealestateinvesting
Posted by zeldaluv94