Rental in Everett or Renton (Seattle)

Amazon ggdhdhjj
Jul 4 13 Comments

I have 100k saved up. Thinking of rentals in these two places or nearby.

What should I check to make sure it’s cash flow positive or at least not negative. Any gotchas ?

Something like this

https://seattle.craigslist.org/skc/roo/d/renton-single-room-ready-to-move-in/6924710580.html

The home can be 350k. Down 70k and mortgage 1200 per month. Should be cash positive with 3 rooms renting out at 500-600 each ?

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TOP 13 Comments
  • Someone here told me not to live in Renton because it just isn’t happening
    Jul 4 0
  • Amazon fumbledore
    I would save that money in case you get put on a dev list. Do not trust Amazon to ever keep you employed
    Jul 4 3
    • Amazon ggdhdhjj
      OP
      I’m SDM
      Jul 4
    • Can you hire me for an entry level PM
      Jul 4
    • Amazon fumbledore
      Ha if you think an SDM doesn’t get targeted you are crazy
      Jul 4
  • Google trumpelosi
    Very curious why those two places
    Jul 4 3
    • Epic Games TShI12
      Guessing affordability, or availability... of heroin.
      Jul 4
    • Amazon ggdhdhjj
      OP
      Fairwood is another area. Idea is to find places where renting is possible and house are not that expensive
      Jul 4
    • Amazon ggdhdhjj
      OP
      Updated with more details
      Jul 4
  • This comment was deleted by original commenter.

    • Amazon ggdhdhjj
      OP
      Is that max intelligence you could use
      Jul 4
  • Facebook cochococho
    Everett is too far from Seattle. Why do you want to go there?
    Jul 4 1
    • Microsoft oMAG58
      If it's a rental it could be rented for people that doesn't need to commute to Seattle?
      Jul 4
  • Zillow Group ^H
    I will dm you
    Jul 4 0