Investing in real estate offers options from low to high maintenance. REITs provide a way to invest without owning property, often paying high dividends. Online platforms connect investors to projects but may require accreditation. Rental properties, including house hacking, generate income but may need management. Flipping homes can be profitable but risky and costly. Renting out a room or using Airbnb reduces housing costs with less commitment. Choose based on time, capital, and involvement preferences.

Washington Governor Bob Ferguson signed HB 1217 to limit rent increases and protect tenants from rent gouging. The law caps annual rent hikes at 5% for manufactured home parks and 7% plus inflation or 10% for other rentals, whichever is lower. It also mandates a 90-day notice before rent increases, helping families better manage housing costs and plan ahead. This aims to provide greater housing stability amid rising costs.

Washington state passed several housing bills, including HB 1217, which limits rent increases to 7% plus inflation or 10%, and requires 90-day notices for rent hikes. HB 1491 mandates affordable housing near transit, while SB 5184 restricts parking requirements for new developments. HB 1096 streamlines lot splitting, and SB 5148 enforces Growth Management Act compliance. HB 1177, signed into law, expands child welfare housing assistance.