Newbie and Aspiring Investor from Portland, Oregon!

Newbie and Aspiring Investor from Portland, Oregon!

Rental Property Investor · Austin, TX · Member since 2019 · 17 posts · 13 votes

Hey BiggerPockets Community!

I'm Bryan Calzadilla-Romero, an aspiring RE investor and currently an analyst at a market-leading construction software firm. Like many of the other recent newbies, I've been lurking on this site for some time, reading forum posts, reading articles, educating myself with books, and keeping up with all of the BP podcasts. 

Anyhow, at this point, I have built up a good financial standing and am looking to kick-start my real estate investing career. The strategy that I'm interested in pursuing is multi-family house hacking. The long-term goal is to maintain minimal living expenses and increase side-income!

I am currently located in Portland, Oregon, but am doing research into out-of-state investing. I would be more than happy to discuss real estate market analysis and hear about your successes in other markets, as well as your experience with long-range investing.

I look forward to networking with you all and learning, discussing, and lending a helping hand! If you're from Portland, Oregon, I hope to meet you and get to shake hands at a local meet up.

Thanks for reading!

Bryan Calzadilla-Romero

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Real Estate Agent · West Linn, OR · Member since 2018 · 54 posts · 38 votes
6y
Originally posted by @Bryan Calzadilla:

Hey BiggerPockets Community!

I'm Bryan Calzadilla-Romero, an aspiring RE investor and currently an analyst at a market-leading construction software firm. Like many of the other recent newbies, I've been lurking on this site for some time, reading forum posts, reading articles, educating myself with books, and keeping up with all of the BP podcasts. 

Anyhow, at this point, I have built up a good financial standing and am looking to kick-start my real estate investing career. The strategy that I'm interested in pursuing is multi-family house hacking. The long-term goal is to maintain minimal living expenses and increase side-income!

I am currently located in Portland, Oregon, but am doing research into out-of-state investing. I would be more than happy to discuss real estate market analysis and hear about your successes in other markets, as well as your experience with long-range investing.

I look forward to networking with you all and learning, discussing, and lending a helping hand! If you're from Portland, Oregon, I hope to meet you and get to shake hands at a local meet up.

Thanks for reading!

Bryan Calzadilla-Romero

 Welcome Bryan! House hacking is a great way to start, especially in our market. Out of state can have better cash flow and lower entry costs, but less appreciation and more turnover/management issues. 

I would start with finding a lender and see what you can get approved for.

Good luck

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  • Real Estate Agent · West Linn, OR · Member since 2018 · 54 posts · 38 votes
    6y
    Originally posted by @Bryan Calzadilla:

    Hey BiggerPockets Community!

    I'm Bryan Calzadilla-Romero, an aspiring RE investor and currently an analyst at a market-leading construction software firm. Like many of the other recent newbies, I've been lurking on this site for some time, reading forum posts, reading articles, educating myself with books, and keeping up with all of the BP podcasts. 

    Anyhow, at this point, I have built up a good financial standing and am looking to kick-start my real estate investing career. The strategy that I'm interested in pursuing is multi-family house hacking. The long-term goal is to maintain minimal living expenses and increase side-income!

    I am currently located in Portland, Oregon, but am doing research into out-of-state investing. I would be more than happy to discuss real estate market analysis and hear about your successes in other markets, as well as your experience with long-range investing.

    I look forward to networking with you all and learning, discussing, and lending a helping hand! If you're from Portland, Oregon, I hope to meet you and get to shake hands at a local meet up.

    Thanks for reading!

    Bryan Calzadilla-Romero

     Welcome Bryan! House hacking is a great way to start, especially in our market. Out of state can have better cash flow and lower entry costs, but less appreciation and more turnover/management issues. 

    I would start with finding a lender and see what you can get approved for.

    Good luck

  • Real Estate Agent · Oklahoma City, OK · Member since 2019 · 956 posts · 600 votes
    6y

    @Bryan Calzadilla love that you're house hacking! Happy to talk with you about the Oklahoma City market if that's an area you want to explore at any point. 

    Good luck! 

  • Portland, OR · Member since 2019 · 48 posts · 21 votes
    6y

    @Bryan Calzadilla Welcome to Bigger Pockets & congratulations on starting your Real Estate journey! House Hacking is a great strategy & it works for me. I'm currently doing it in the Gresham area and I'm pretty much living for free. I think you can definitely get a multifamily home to house hack in the Portland area, it really just depends on how uncomfortable you are willing to be & creative thinking. 

    I'd love to chat more & feel free to ask any questions. I love learning more about others house hacking experiences. 

  • Rental Property Investor · Austin, TX · Member since 2019 · 17 posts · 13 votes
    6y

    @Nels Norquist - Thanks for the welcome! Nice to meet a fellow Oregonian real estate enthusiast. Our market seems very conducive to the house hacking strategy, but at the moment, it's the higher barrier to entry that concerns me. How has your experience been investing in Oregon or working with investors to close deals?

  • Rental Property Investor · Austin, TX · Member since 2019 · 17 posts · 13 votes
    6y

    @Khaled Nimasafa - Hi Khaled. Thanks for the welcome. While I am considering RE outside of my current location, I think Dubai is a little out of reach for me. Particularly for the HH strategy! Thanks for the input though. Let me know if you have any insight into the U.S. markets though - I would be happy to hear it.

  • Rental Property Investor · Austin, TX · Member since 2019 · 17 posts · 13 votes
    6y

    @Kiera Underwood - Hey Kiera! Thanks for the welcome post. I'd be happy to hear your take on the OK city market! I'll shoot you a DM to get your perspective. Thanks again.

  • Rental Property Investor · Austin, TX · Member since 2019 · 17 posts · 13 votes
    6y

    @Natalie Lopez - Hi Natalie. Thanks for the warm welcome. It's great to hear that you have had success with house hacking in the Portland metro area. I would be interested in picking your brain about your experience doing so here. I am in a similar boat where I can afford to be flexible and creative with my house hacking strategy. I'll shoot you a DM to discuss a little further. Thanks again for your reply!

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