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Updated over 6 years ago on . Most recent reply

User Stats

10
Posts
4
Votes
Alex Van Slyke
  • Lender
  • Astoria, OR
4
Votes |
10
Posts

Staring at the Oregon Coast - Seaside

Alex Van Slyke
  • Lender
  • Astoria, OR
Posted

Good morning folks, Alex here to say hello!

I recently bought my first home along with my wife and two kids in Seaside on the northern Oregon Coast (out of the tsunami zone thankfully). Surprisingly, it turns out that we will soon be able to have it cash flow positive with us living in it. It was a large 5/2 and we about have it turned in to a 7/4. Downstairs is currently to rented to family and the private space above the garage will be rented once completed.

This got me curious about earning more money through real estate and a friend recommended bigger pockets. I've been listening for almost a year to the podcasts and made a career change to learn more on the job about real estate. I am now making offers on local homes and apartments working to have a family business revolved around rentals in this extremely popular area. I may extend my sights to outside the coast soon with enough experience.

Most Popular Reply

User Stats

23
Posts
4
Votes
Saj Rambob
  • Rental Property Investor
  • Silver Spring MD
4
Votes |
23
Posts
Saj Rambob
  • Rental Property Investor
  • Silver Spring MD
Replied
@Neal Collins there is a huge market for long term rentals. I know of people that have had to quit/turn down good jobs because they couldn't find housing.

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