All Forum Posts by: Eamon Keating

Bigger Pockets episode 22: Tucker Merrihew (Portland investor) 

Bigger Pockets episode 83: Marcia Maynard (Longview/Vancouver WA investor) (Has a great tenant screening checklist) 

Bigger Pockets episode 121: Andrew and Philip Syrios (Portland and Eugene Investor)

Bigger Pockets episode 140: Bill Syrios (Portland and Eugene Investor)

Bigger Pockets episode 222: Jay Hinrichs (Portland and surrounding area investor) 

Bigger Pockets episode 267: Nat Borchers (Salem, Oregon) 

Bigger Pockets episode 344: Gabriel Hamel (Eugene, Oregon)

Bigger Pockets episode 548: Mike Nuss and Tyler Combs (Portland, Oregon) 

I think I might have missed a few guests in there but here is a list of guests who have been on the podcast. They either invest in Portland, Oregon or in the surrounding cities. The benefit of living where you invest is understanding the neighborhoods. (Pearl District, Hawthorne, Foster, Hollywood and Alberta to name a few). Each one in Portland is different. Each one has restaurants or stores that make it unique. Many places are very walkable which is a huge draw. Traffic patterns, access to the Max, the freeway all play a role in where a person wants to buy in the Portland area. (No sales tax in Oregon) The Oregon coast is about 1.5 hours from Portland. Mount Hood is a little over an hour from Portland. There is also an international airport in Portland. So while sure it may seem that Portland is a Socialist country on the surface. There are residents who actually live in Portland who don't agree with the policies. These people also vote. They also invest in the city. Houses here are unique they are not cookie cutter neighborhoods. I don't agree with many of the politics that have occurred. However, I love being able to walk to get coffee and a pastry. I don't feel threatened by the homeless. Last time I checked they exist in most places... 

 The irony of this is I just attended Investor Lab for the first time on November 9. It was an incredible to get to connect with other people who appreciate the PNW for what it is. Those of us that live in the area understand how to be creative as investors in this environment. 

Just to double check. Do you live in Portland, Oregon? As a resident of Portland, there is actually a thriving real estate investing community here. Many people appreciate the fact that it gets such a bad rap because it keeps people away who don't know the neighborhoods, or creative ways to rent properties. 

Any success? 

https://www.wilcox-co.com/

I am going to try this company this year. Donna was recommended by some friends with use this company for their taxes. They all own multiple rentals or are investors. The business is located in Clackamas.

 Hi Skylar, 

Welcome to the area. I am in your area as well (Vancouver). We do not own here but we do own in California. What do you think of Longview? Do properties there cash flow? 

 Hi Alexa,

Welcome to BP. I am in your area as well. I agree with you that it is expensive in the area. I will say though that depending on how much you can put down some of the places around our area could cashflow. (20-25%). Less than that I would completely agree with you. Do you have an agent/lender in the area? 

My wife and I are in the process of purchasing a 1923 Portland Fixer. We will make it our primary residence after some renovation on the property. I am looking for local contractors or subcontractors for the house. We will need to possibly rewire the house (knob and tube), upgrade the panel (100 amp), redo the kitchen (cabinets, tile floor, add a dishwasher) and a variety of other tasks. We are interested in both general contractors that are licensed, bonded and insured to GC the project. We are also interested in GC'ing it ourselves and hiring the subcontractors. Looking for suggestions on how/where to spend the budget for the house. Where is the best place to get materials in the area while keeping it budget friendly. Looking for ideas how to tackle the project. 

I am interested in this event. That day is Martin Luther King Jr Day. Will the event still take place? 

My wife and I recently prequalified for a loan. We will not be putting 20% down for a SFH/MFH. What are the questions I should ask the lender in terms of points, interest rate, fees, etc? I want to get the most competitive rate with the least amount of fees. Any suggestions are appreciated.