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Updated over 3 years ago on . Most recent reply
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Hey BP Rockstars! Let's Dominate Together
Hello all! My name is Andy, I currently reside in the Portland, Oregon area!
My Goals:
- Closing on my very first rental property purchase before September 1, 2021
- Keep closing on deals and BRRRRing my way to semi-retired by age 35 (7 years away)
- Connect with the awesome members of Bigger Pockets and forge amazing connections!
As most of you have probably seen, the Portland area market is HIGHLY inflated right now. MLS inventory is at record lows, and first-time home buyers like myself don't really stand a snowball's chance in hell here. However!....
I just finished up David Greene's book, Long-Distance Real Estate Investing and it blew my mind! I can literally choose any market I want, and still accomplish my goals in a more efficient area. YES.
That is my current journey. I am zeroing in on potential markets based on my individual financial requirements, and I will be closing on my first property before September 1, 2021.
Thank you to this forum for providing some amazing education. I will do my best to give back with more knowledge!
Looking forward to connecting with all of you. Let's chat!
Best,
Andy
Most Popular Reply
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Andy,
Indeed the market here has been competitive lately, so looking to invest in nearby surrounding areas or out-of-state can be an option. There are still people finding deals in the area, I would suggest picking some of the wholesalers brains around here. Check out the local meet up groups as well, WIN (Westside Investors Network), Investor Lab or the local NWREIA.