Property Investors

Every so often you read some investment guru claiming the wisdom of investing in stocks as opposed to real estate. They usually quote a superior percentage of gain over the years, leaving out the crucial components that all skookum real estate investors know---leverage and stability.

What other investment can be this leveraged (to the point where the appreciation is accumulated as a percentage of many times your cash investment) and provides a sizeable cash flow to help pay the mortgaged amount?

Is there a better investment than carefully chosen Seattle area real estate?

Here's a thought---Multi-family zoned land! History says that the value often "leapfrogs" over the general residential appreciation of the current structure because of the ongoing need for more housing in the area and zoning regulations allowing multiple units. The classic example being all of the townhouse projects in the area---that property was worth more as development sites than the value as homes ---therefore the owner's investment "leapfrogged" over the general value of the single family residential structure as it was. This, of course, is reliant upon the acquisition costs.

Be sure to get a thorough, up to date and accurate Market Analysis of the immediate neighborhood before you firm up any purchase. Should be a part of the service from a capable diligent agent.

Investor Resources:

Seattle Multi Family Zoning Regulations Bulletin

Landlord Tenant Laws for Seattle Tenant Handout

Washington State Landlord Tenant Laws Brochure

State Mold Disclosure Pamphlet