Cash Flow?
With the recent price declines in the Seattle market over the last two years, it feels good to see properties cash flow again. Prior to our recent declines; the bull run in the housing market made it very difficult to make sound investments that allowed for investors to earn. Even after recent rent stabilization, rents remain high enough to allow buyers to turn a profit on a monthly basis. To that end, investing is an art, and it takes a commitment to realize your goals and expectations. I encourage everyone I work with to really evaluate why they are investing and for what purpose. At the end of the day an investment that is close to cash flow on a monthly basis can pay huge divends long term. If you have any questions or need suggestions on resources please let me know.
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