Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

5
Posts
3
Votes
Brianna Bain
  • San Francisco, CA
3
Votes |
5
Posts

First investment property

Brianna Bain
  • San Francisco, CA
Posted

Hi everyone! I’m still in the research phase of my investing journey and would love some advice. I’m currently living in San Francisco and looking to invest in the greater Portland (Oregon) area (where I grew up). Any first timer advice for finding deals, investing from afar, or about Portland specifically?

Most Popular Reply

User Stats

5
Posts
3
Votes
Brianna Bain
  • San Francisco, CA
3
Votes |
5
Posts
Brianna Bain
  • San Francisco, CA
Replied

@Keith Kellermeyer Thanks for the welcome and book recommendations, I'll check them out!

@Jeff S. Thanks for the response! I have a good amount to start with, couple hundred thousand. I would be open to other markets but it does make me nervous investing somewhere I'm not familiar with. I'm not dead set on Portland, but I would need to do a significant amount of research if I'm to invest elsewhere. Deal scarcity doesn't excite me haha. What are some of the regulations you're not happy with? 
@Jonathan Greene I appreciate the response & advice! I was thinking Beaverton/Hillsboro area west of Portland. You've got Nike & a few Intel campuses, and a fair amount of recent growth in Beaverton specifically. I still have family/friends out there and while I haven't explored it explicitly with them, I'm fairly confident I'd be able to leverage my connections on the property management side. I was originally thinking single-family homes to start, but condos could be enticing (there are also a fair amount of them popping up in Beaverton). My thought was single-family homes would be easier to manage starting out, but I realize that might not be true. As a first-timer, do you think a multi-family unit would be a tougher start?

Loading replies...