REI in the Pacific Northwest

[Rhonda Wilson]

Hello BP Community! My husband and I have been investing in multi-family since 2004. At that time we bought a fixer 6-plex in Oregon. My husband had been a handyman for years working on other people's homes and rentals. We wanted to get on the owner side of the equation. I'm an engineer and by selling off my employee purchase stock we were able to buy our first property. 

Fourteen years later and we will be at 38 doors when our current 1031 exchange closes. It's been quite a journey so far, mostly learning lessons the hard way! For example, I had this tendency early on to be sympathetic with down-on-their-luck applicants. I rented to a few people that I shouldn't have and regretted it. Everyone is so nice when they are applying but after they skip rent or create problems for neighbors, you see another side. 

I've been learning a lot from BP over the last month or so. I hope to make connections with other investors and other people in the business.