Newbie in Portland, Oregon
I'm brand new to this although I have been wanting to try it for years! I work full time so I'm hoping to find a buy and hold and go from there. I'm open to ideas, tips, suggestions, mentoring. I'm having a hard time finding deals in this hot market - I'm getting outbid on retail deals and all cash buyers are buying up all the rehabs. How do I find a deal?
Most Popular Reply
Hi sherry! Welcome! Portland is super hot but I would recommend finding a solid duplex in the suburbs or east Portland. I have a client that is purchasing a duplex in Gresham for around $235k. the trick is to just make sure it cash flows. You're bound to get the appreciate in the long run.
I have two duplexes in Oregon city and they both cash flow and are ripe for appreciate. Especially once the blue heron project gets under way.
Let me know if I can help in any other way!