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Updated about 9 years ago on . Most recent reply

User Stats

100
Posts
58
Votes
Kory Thaut
  • Investor
  • West Linn, OR
58
Votes |
100
Posts

Happy New Year from Portland, Oregon – My Intro.

Kory Thaut
  • Investor
  • West Linn, OR
Posted

I am excited to dive into the social media aspect of real estate. I’ve been lurking on BP for some time, joined a few months ago, but finally introducing myself now.

I am one of those weird people who actually like their W2 career (for now) and invest in real estate part-time. My target to-date has been SFRs within a specific area of the southwest Portland, Oregon metro area (Lake Oswego, West Linn, Tualatin). However, I first invested in real estate in 2002 with a 2 bed, 2 bath SFR in Eastern Washington State (I've since sold).

Funny story about me – When I bought my first Portland area SFR, I was intending on managing it myself (and did for the first year). On the first day of the listing I did several showings. One of the applicants was a nice young lady with an elementary aged kid with her. She asked "do you accept Section 8?" and my response to her was "What's that?". What I love about real estate (and technology, my day job) is that there is always opportunity to learn and apply new things…. Just need to be careful where you get your info from (might my just get the "pros" only side of the pro/con list).

I am happy to be here to learn and contribute. Next up for me is exploring a bit outside of my target area as well as spending some time focusing on multi-unit opportunites. On the SFR front, I am a big fan of the buy, rehab, rent, repeat model and thoroughly enjoy doing the sweat equity myself as a counter to my desk job.

Most Popular Reply

User Stats

38
Posts
25
Votes
Corey Westermann
  • West Linn, OR
25
Votes |
38
Posts
Corey Westermann
  • West Linn, OR
Replied

Welcome! I'm in your neck of the woods and love this part of the Portland area, once you get over the sticker shock I think there are some strategies that can work great in this area.

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