The Gorge - Oregon & Washington investors

[Neal Collins]

It’d be great to connect with any investors, agents, or property managers that live or work in the Gorge. I’m curious to get local perspectives from towns like Hood River, The Dalles, Lyle, Benjin, White Salmon, and Stevenson.

[Jay Hinrichs]

Neal I built 26 homes there ( the village at Rand Road was my project )  and then did about half a dozen infills

and funded maybe 3 for other builders.. market is robust.. and solid.

the reason I am not there now.. was this was 5 to 6 years ago before building got white hot in Portland and we were able to get our subs to come out from East side Portland.. 

today you have a hard time getting subs from one side of Portland to the other side..  or like my framer wont leave Canby LOL..   So then you have the local subs and they charge up the wazzoo  .. 

I learned this the hard way .. i optioned 20 plus lots from my bank over in Seaside .. Thompson Falls  development.

I thought I could pull off what I did in Hood River and pull subs from West side of Washington county.. NOPE and our cost were so much we actually lost about 50k total on 3 new builds that sold just under 500k each.. lots of work for a small loss for us.. So I tell those tales to encourage you to make sure you get your sub pricing before you commit to anything.