All Forum Posts by: Daniel Lee

@Daniel Lee Investor Lab PDX in Portland or Yamhill County is a great meetup! Word of advice: I would avoid any meetups run by Chris Merz. Very slimy realtor here locally with a poor reputation.

Thanks Grant! Appreciate the insight and recommendations!

1 Vote

Portland, Oregon

Quote from @Steven Schafer:

Love it. Starting our own Portland BP meet up group.

Thanks @Steven Schafer and @Angela Venger. Looking forward to getting to do a meetup in the future. It looks like there are some Portland REI meetup events that happen in and around the area that are run by Chris Merz. We may be able to piggy back, combine forces, or schedule something new to accomodate schedules. Open to all options and looking forward to connecting with others in the area!

0 Votes

Portland, Oregon

Quote from @Angela Venger:

Hi Daniel, nice to meet you. I'm happy to see more and more investors from the Portland area becoming active on BiggerPockets. Currently, I own two short-term rentals, one in central Oregon and another on the Oregon coast. My next goal is to venture into long-term rentals. I'm happy to connect and share strategies!

Hi Angela! Nice to meet you too. Love both central Oregon and the coast! Would definitely like to hear about your experience with your STRs and gain any insights you're willing to share. Thanks for the offer to connect. Let's do it!

0 Votes

Portland, Oregon

Quote from @Grant Schroeder:

Welcome @Daniel Lee and @Steven Schafer! Always great to see fellow OR investors here on BP. Definitely connect with @Lawrence Potts if you have not already!

Thanks for the warm welcome and recommendation, Grant! Really appreciate it!

1 Vote

Portland, Oregon

Quote from @Lawrence Potts:

Quote from @Chris Watkins:

I agree with building upon a successful strategy, rather than stepping too far out of your comfort zone early on. With interest rates and inventory where they are on-market, you're likely to have too much competition to win a good deal off of the MLS. Either finding off-market properties, taking on a rehab project, or looking at STR/MTR are going to be needed to get a foothold in this market. @Lawrence Potts knows the area well and can speak to the availability of properties and what kind of strategy might best fit your skillset and goals.

Thank you Chris! Happy to help however I can @Daniel Lee

Thank you both so much!

0 Votes

Portland, Oregon

Quote from @Chris Watkins:

This is great. Thanks so much for sharing your expertise and guidance, Chris! Really appreciate it!

1 Vote

Portland, Oregon

Quote from @Chris Watkins:

Quote from @Daniel Lee:

Hi BP Community,

Introducing myself as a "new" member, though more like newly active member to the community. Looking for cash flowing single family homes in the Portland, Beaverton, Newberg, Salem areas of Oregon. Currently have two long term rentals and looking to slowly and deliberately scale in a disciplined way.

Thanks!

Welcome Daniel!

Cash-flowing SFR's are tough to find in this interest rate environment without value-add rehab work or a large down payment. Are you looking at long-term rentals only?

Chris

Thank you, Chris! Appreciate the context. Currently, only looking at long-term rentals. Likely because we've had reasonable success so far with that strategy, and woud like to stay consistent and keep adding to it. Certainly open to other ideas and strategies, it would just require additional diligence from my end given my level of comfort and expertise would be lacking in other areas. Thanks!

0 Votes

Portland, Oregon