I would not spend 1 million to live in a bot hell. I already get that for free scrolling through my Facebook feed Seriously like everyone on FB over the age of 45 has become a drone that shares (daily) pet theories from far right media sources
I guess you two are in different bubbles
Bothell ? Is that in Russia?
It is a suburb in Seattle
It's a joke. Russian bots...
Missed an r ?
Read my mind lol
Don’t. That is way to much for B
5 years is too short of a time horizon to say. At that money much better to buy in a better location though. Age of house has nothing to do with the value (and of course older houses are often much better).
Thats a lot of money for Bothell. If the 5 years is hard and fast, that may not be a long enough timeline to even break even, if markets go the way many think they will.
Paying 1m to live in Seattle.... I'm sorry man
Bothell isn’t even in Seattle. It’s this out of the way northeast suburb that nobody on earth will ever go to except to live there. Except where the 405 rips through it.
Anecdotal evidence is that home prices are plateau-ing and new home builders like Lennar are giving incentives to buyers to get them to close. I’d say wait this one out or just buy in Ballard / Kirkland / Issaquah etc. who knows which way bothers will go. It also looks like amazon will atleast distribute hiring across Seattle, NY and Virgina so let’s see if that will do anything to home prices.
Why Bothell. You’d be stuck on i5 or 405 for hours. Compoundingly wasting days from your life
Houses are not investing. It's a place to live
This is so true. A fundamental flaw in our way at looking at "homes" as an investment is that we believe we will redeem the growth returns at some point. Most people almost never do that. So, unless OP is sure that they will sell the house 5 years down the line, it is stupid to consider it is an investment.
As a landlord I beg to differ