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All Forum Posts by: Account Closed

Account Closed has started 2 posts and replied 83 times.

Post: Overview of Vancouver, WA class B+ neighborhoods?

Account ClosedPosted
  • Realtor
  • Portland, OR
  • Posts 87
  • Votes 43

@Susan Tan

^I think someone is board and lonely and just decided they needed to be negative lol.

Contact City Zoning and they will give you a zoning map :) This will give you the areas you are looking for that match what you want. They are a HUGE untapped resource.

That is a good place to start if you are looking for a specific type of property.

Buyers agent is great for MLS properties but also don't be afraid to go hunting on your own for off-market properties as well 👍🏽.

My advice, don’t ask your realtor to be involved if you find an off market deal as they normally scare sellers away i.e they (sellers) dont want to pay commissions.

Post: Twin Falls, ID buy and hold

Account ClosedPosted
  • Realtor
  • Portland, OR
  • Posts 87
  • Votes 43

@Jeremy Orton Awesome!

Subject-to is a beautiful thing many Realtors are afraid of because the lack of education.

Great work 👍🏽

Post: Landlords.....what headaches come with having C- and D tenants?

Account ClosedPosted
  • Realtor
  • Portland, OR
  • Posts 87
  • Votes 43

@Philip Williams Facts.

Post: Buy a SFH or Pay off Primary Residence? (Newbie in Portland, OR)

Account ClosedPosted
  • Realtor
  • Portland, OR
  • Posts 87
  • Votes 43

@Robert M. Sounds like the Dave Ramsey retire at 65 plan. He may die before then.

Opportunity Cost. Cost of Money. Inflation etc. Unused Equity in a home is security for a bank, not the investor. Equity is the enemy.

I say keep 6 months reserves. The rest > invest. The math doesn’t work out very well.

What he can do is do a few deals to pay off the mortgage...

Post: There are Deals on Market in Portland

Account ClosedPosted
  • Realtor
  • Portland, OR
  • Posts 87
  • Votes 43

@Melissa D.

Did you try to negotiate your commission as a “credit?” This could have saved you on taxes etc. Awesome job.

Post: Vacant house - owner says not for sale - what is your strategy?

Account ClosedPosted
  • Realtor
  • Portland, OR
  • Posts 87
  • Votes 43

@Isaac El

Alot of waisted time you think but it is part of the process.

Try this: “Hi my name is “” I have been keeping an eye on your property for awhile now. I love the “” “”” “” and the counter tops. Would you mind if we took a look at it today or tommorrow?

We are looking for something soon... “

And from there depending on best use of the property you move to the next step > finding out there situation, why they are selling, what they are

Going to do with the money when they sell etc. Too much to write out.

Post: Are prices actually going UP?

Account ClosedPosted
  • Realtor
  • Portland, OR
  • Posts 87
  • Votes 43
Originally posted by @Eric Bilderback:

In Central Oregon they are technically going up.  But I believe there will be steep drop when inventory comes back on the market.  It is very skewed especially when looking at the starter homes. Sellers want to put off putting them on the market however there are buyers who have desperately trying to get into something.  When we get a more inventory the more motivated sellers will bring their prices down.  And that is when we will really find where were out.  I personally think the COVID has impacted supply more then demand now.  But the economic impact will effect demand more then supply.  I think in a year we will have a lower market then we do today.

We are 4-6 months away from that happening I believe... Banks are putting off foreclosing, courts shut down etc. Going to be awhile but inventory will be coming in hot here shortly. (Unless the GOV gives out another 500 bil) then add some more time to that.  

I have been getting calls from my ads but at least 4 already have said there bank isnt making them pay their mortgage till August. Crazy Times >>> 

Post: First Home Purchase | Stalled Deal | Seeking Experienced Advice

Account ClosedPosted
  • Realtor
  • Portland, OR
  • Posts 87
  • Votes 43

@Mark Bills #1 We at BP are not lawyers. Always seek Lawyers advice. (Disclaimer)

Opinion. Case pending does not mean any awards/judgements have been decided and with the current situation, court delays will be crazy long.

Unless you dont want the property anymore I wouldn’t worry about it. This is what title co. are for.

If anything, just be prepared for an injunction to be filed possibly but it sounds like that will not be likely.

Post: Housing Market Crash?

Account ClosedPosted
  • Realtor
  • Portland, OR
  • Posts 87
  • Votes 43

@James De Stefano middle America? As in the midwest or middle class?

What about this? >>> Build-To-Rent? Especially in places like Tex would seem to make sense.

Post: Housing Market Crash?

Account ClosedPosted
  • Realtor
  • Portland, OR
  • Posts 87
  • Votes 43

@Alexander Roeschmann Believe it or not, I think apts and retail are going to be hit more than SF. Alot of restaurants employee’s and service people are stuck renting so no rent from waitresses.... retail we already know there. Everything else seems pretty safe.