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Updated almost 9 years ago on . Most recent reply

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9
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4
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Kris Langford
  • Portland, OR
4
Votes |
9
Posts

New member from Portland, OR

Kris Langford
  • Portland, OR
Posted

Hi,

My name is Kris and I am excited to get started in real estate investing. I have a goal to retire from my 9-5 job in 10-15 years. I plan to build enough cash flow to quit my day job and use real estate investments to continue to build wealth and provide for my family.

I live in and was born and raised in Portland, Oregon. I have a personal residence with enough equity to start investing, but don't know where to start in my area since prices seem too high for me as a new investor. I would love to invest in markets that have better cash flow, but I am worried about finding and managing properties from afar.

My mother has been a real estate investor for the majority of my life and thru that I have helped on many flips and renovations of rentals. I am not scared of doing any of the work myself, but I just don't have a lot of time since I have a full time job and 2 small children.

My interest is to find buy and hold properties with positive cash flow. But if the right flip was there locally I would also be interested.

I hope to connect with many of you and know that together we can achieve our goals.

Thank you

Kris Langford

Most Popular Reply

User Stats

146
Posts
101
Votes
JR Hinds
  • Investor
  • Portland, OR
101
Votes |
146
Posts
JR Hinds
  • Investor
  • Portland, OR
Replied

I was in the same boat as you about 8 years ago. After reading Rich Dad, Poor Dad, I played Cashflow 101 and realized that I needed to start purchasing real estate. I read a ton of books, and then bought a triplex in Portland. Later, I got on BP and listened to the podcasts. It was a great education. My 2nd and 3rd purchases were from turnkey companies in Chicago. I know that I give up a little by using someone else to do the flip, but I'm okay with that. I'm getting ready to buy another property there, and for me, the turnkey model works well. Be careful though. There are a variety of definitions of what a turnkey company does. Be sure to do your due diligence.

Don't hesitate to reach out. I'm happy to share all of the detail of my experiences with you.

  • JR Hinds
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