All Forum Posts by: Brad F.

Hi all, I am working with new investors that are moving large numbers, and now coming to Portland Oregon.  They have done their Due Dilligence, and ready to start buying.  Looking for fix and flips, and fix and holds!.  Please PM ASAP! 

Great answer!  Thank you, and I have  a call into the city to go over the options.  You nailed it with this answer! 

Hi, I have a quick question on a flip we are about to embark on. We typically stick with the same type of house with average lots size etc. This home however came to me off market from a buddy of mine. The home sits on 15,000 square feet, and the city recognizes 4 buildable lots. No engineer has been out to the property, and their haven't been any "lot" improvements. The home sits in a very popular part of town, and dirt is hard to come by. That being said, I have considered to continue the flip as usual because we can still make money with a "large infill Lot. The thought being to market as future value in selling the lots to a developer. THAT ALL SAID, my question is, with the potential value in the lots does that increase my ARV on the flip? We are very close, and I could use the additional value.... OR do I spend the next 7 days aggressively marketing the land to developers?

Looking for anyone who can find on market, or off market properties we can flip and send to our national Hedge fund, and 3 other local investors.  

I like this opportunity, because each client has a different need, and this allows me a greater opportunity to sell the contract, or keep it in house and flip the home my self.  Contact me asap 

I absolutely agree with each respondent above. 50% partnership... Everyone has skin in the game.  

@Jeff Wallenius would you mind sending me a few of your properties? [email protected]

@Account Closed 

 Here you go http://www.nasdaq.com/symbol/amh 

@Jay Hinrichs 

 Yes I did!!!! I did all the research, underwriting, for the team, and walked the properties.  It was a great experience, and we learned alot!  I am now on my own with Keller Williams Portland Premiere, supporting local investors, along with my current business, and have a team that operates in nearly exact protocol as we did with A4R.  

I'd like to set up a time to speak with you over the phone, or in person to discuss what you have in mind.  I have a few development opportunities, build to suit in Forest grove, and Silverton in the low 190's. Great for rental cash flow.. 

Portland Oregon has received top city to live in 2 years in a row, and growing at a rapid pace.  With large companies like, Nike, and Intel the growing demand for affordable housing/rentals are ever increasing.  

The primary concern for Portland with current residents, and relocating clients is our double digit value increase in 2013.  This forced our hand at providing suitable rentals and an monthly increase for rent rates.  While this isn't as suitable for new buyers, have sky rocketed the rental market here.  We are seeing close to 1.00 to 1.20 per square foot on homes in areas surrounding Portland Metro.  The investor feeding frenzy is in full affect, and continues to grow.  

National investor American homes 4 rent is seeing a producing rate of 71% on their north west portfolio.  We all know what happened when they went public, but with Portland hold stronger than other markets were able to turn a heft profit when they sold their 200 plus doors.  

With the removal of A4R in our market, has left a feeding ground for smaller local, and national investors to swoop in and find large profit margins throughout the city.  

Come prepared by, finding a local Real Estate team that is fast to offer, and impeccable systems. This is a must in this very aggressive market.  You must be ready with Proof of funds, sub-contractors, Realtor, and property management company to compete in this market.