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Updated over 7 years ago,
Portland, Oregon for Cash Flow?
Hey BP! I'm a new investor that just moved to the Portland/Beaverton area and want to invest in RE. Though I'm noticing a trend that the market up seems tricky. Prices are really high and after analyzing deals, I notice that I wouldn't make cash flow with a traditional down payment of 20%.
I had an agent create an automatic email alert from the MLS when deals become available. which has been my main source of analyzing deals. I wanted to know what others in the area have seen in terms of the market. Are most of the 'good' deals coming from pocket listings or by nontraditional ways?
I had been looking at multifamily houses, but perhaps for the area I should focus on different properties- thoughts?
Thanks,
AJ