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Updated over 7 years ago on . Most recent reply

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Ed Allen
  • Del Mar, CA
2
Votes |
5
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Need to buy in Portland

Ed Allen
  • Del Mar, CA
Posted

Hi all,

After trying to do this in Denver for my nephew, I am now braving another hot market in Portland to find a place for my 2 daughters who just graduated and live there.

Prefer a close-in SE Portland (love Sellwood) cosmetic fixer duplex but could also use SFR with basement that would be rentable. I understand that making a rental profit is hard but I am more interested in appreciation and since I have to help them with rent anyway it will be a win-win.

Please send ideas and referrals for agents to Help!\

Thanks much

Most Popular Reply

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
62,987
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42,750
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

I have a client that is building brand new 2 and 4 plex's.. not in sellwood more in the North side of town.. but he is building them to condo standards with very high end finish's.

he is leaving a nice amount of meat on the bone for buyers as well. you get into the deal in pre build stage and lock in price.

ping me and I can send you to their website.. I think its pretty cool what they are doing. and it beats trying to work on a 80 to 100 year old beater  LOL..

Disclosure:  I fund some of their deals as an equity participant.

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JLH Capital Partners

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