Newb in Lake Oswego (Portland), OR

[Chris Pebley]

Greetings All!

Finally getting around to an intro and using the web site and forums more.

About 2 years ago I listened to a few dozen podcasts as a way to learn more about the possibility of investing in real estate (fix and flips or rentals). Before I pulled the trigger on anything we moved from Columbus, GA to the most expensive city in Oregon (Lake Oswego, $400K gets you 1,000 SF fixer here). So I am leaning towards limiting my RE investing goals for the moment to trying to simply find a home for the family. So I am here to refresh my RE knowledge and come up with a plan. Any and all advice is welcome.

Thanks everyone for your time in helping others on the forums, BP is a great resource! Such a wealth of knowledge here.

All the Best,

Chris Pebley

P.S. I have the VA loan available but was interested in finding a good investment as well, so curious if anyone has had any luck with foreclosures or pre-foreclosures meeting the VA/FHA guidelines, and the best way to find them (Property Radar or similar app? Thanks again!

[John Lai]

Hi, @Chris Pebley,

I'm a fellow LO resident renter who hasn't pulled the trigger on a home purchase yet, and also interested in REI (mostly passive investing but also advanced financing solutions). Coming from the CA Bay area, I thought the home prices would have been lower but not in LakeO. That said, we came here for the schools and don't regret living here for our kids.

PM me if you're up for getting together some time, pooling our knowledge, and figuring out if there are opportunities.