All Forum Posts by: Grace Widdicombe

There is a $10 charge for non-Oregon REIA members to attend this event, and the dinner is $12. This is not an expensive event, and it's not a cheap event. It is a QUALITY event for real estate investors! The experience is worth every bit of it and more!

GET The INSIDE SCOOP to Flipping Million$!   (Do you have self-limiting thoughts?) CASHING IN AT THE COURT HOUSE STEPS!

How did John Helmick grow Gorilla Capital from a start-up Real Estate Investment company in 2006 to a company with over $70 Million in revenues just 7 years later? Here's some hints:

He did it in Eugene.
He did it with systems.
He did it with excellent people.
He did the same thing over and over again.

Come find out how!
Register Now!

You Too, Can Do More!

Also, Attorney Garrett Ledgerwood will tell you how.

Garret represents creditors and real estate investors. He advises how to shop at the court house steps.
Want to learn what you don't know about buying at auction?
Learn some of what John Helmick's people know by attending Oregon Real Estate 

Register Now!

Investors Association meeting on March 14th! Dinner is $12, the meeting is $10. (Members pay only for the dinner.) If you want to build your business, Register Now!

Brought to you by: Oregon REIA - Eugene, OR

Come join other new members of Oregon's fastest growing REIA!

This is your opportunity to:

* get acquainted with the website
* learn some marketing ideas you can use on your pages on the ORREIA website.
* learn how to market yourself to the industry, your community, and your peers.
* be treated to some websites that are free resources
* and go over an Oregon contract or two.

Tri-town area: Albany, Corvallis and Lebanon Great places to invest in real estate!

Are you interested in real estate investment? Whether you're interests are in fix and flip rehabbing, wholesaling of properties, passive income rental property, development or real estate brokering, join us for support and the sharing of experiences. All skill and experience levels are welcome! We will meet on the third Thursday of each month from 6:30-8:30 PM and feature guest speakers from different facets of the industry

 Contact Lyle Hatch if have questions..

Fall in Love with Wholesaling the Legal Way! Come learn Wholesaling the LEGAL WAY! It's a lot of fun if you are doing it the right way.
You can make cash flow as a Whole Seller in the arena of real estate. But BEWARE, it's not the real estate that you wholesale, it's the paper. No body would love being in prison, paying large fines, and loosing their right as a good citizen.
How to win, picking the worst!

Coming down from Salem, we have professional quick buyer and seller, Mike Lowery of NOW Properties, LLC, to share his experiences in this field.

Would you love to meet a lot of people, help people build their real estate businesses, and help a seller with his/her problems when he/she is in the worst and difficult passage of one's life?

Come and get some insider's information, and find out how!

Join us at Oregon's newest REIA - www.ORREIA.net

Here's a recap from January's meeting:

We had a wonderful meeting Tuesday night, learned a lot about landlord tenant law, and how laws come into place, and what drives the laws. Also how we can participate in these laws at the ground level.  Thank you to our speaker, Kathy Cotta - of KC Property Management. 

Mid Oregon REIA's main meeting is always on the 2nd Tuesday evening of the month.

We will be adding additional meetings. 

1.  monthly "Deal Analysis" meeting 
2. "New Members" meeting

You can sign up for email alerts at either ORREIA.net - or - www.MidORREIA.com :-) 

Welcome to the first meeting of Mid Oregon REIA!
On January 10th Kathy Cotta, expert Property Manager and Principal Broker, will speak on Oregon issues that are important for building long-term wealth.

Want to meet real estate investors like yourself? 
        Come and meet each other at the Oregon REIA - in the heart of Oregon's I-5 corridor.                          Eugene/Springfield. 

Kicking off 2017 on Building Wealth - Buy and Hold Strategy

There's a lot going on at the Oregon State Capital these days, with tenants lobbying for more rights, and the landlords needing more representation to face the tenant coalition. Kathy has been in property management for decades and has been involved with some controversial cases. You'll find her presentation engaging, and worthy of your attention.

Take advantage of Kathy Cotta's 20 years experience in Property Management with some of the biggest names in the industry: Jennings & Co, Arlie & Co., and Metco Investment Real Estate. Kathy now ventures out on her own, hanging her own shingle "KC Property Management & Real Estate Services, LLC." Bring your questions, and your property management scenarios. Also, if you're thinking about purchasing multi-family property, or commercial property; now is the time to ask questions!

You won't want to miss the wealth of information!

Questions: go to ORREIA.net for more information 

I think that it's very interesting that we all had access to the same media play-by-play in this country, and yet we chose to hear and see what we wanted to digest. I  was a big fan of the Apprentice. Now I think about all of the cuts and retakes they must have had to do to make Trump appear wise  in that show, because what I witnessed in the debates is a man who can not stream together a single sentence.  

I think that the bigger question is, or maybe the more direct question is, what did Trump mean last night when he talked about the banks being stripped from their powers, and he was going to see to it that the banks get their powers back, so that this country can buy and sell real estate again?  He was talking about the Dodd Frank Act. He will have the power to make changes.  This would be because the Republicans have taken over the House, the Senate, as well as the Executive Branch. 

My mentors and my masterminds across this country hope that the new government will be able to get rid of the muck in the Dodd Frank Act, especially the really mucky stuff that has to do with seller finance, and finance of motor homes, mobile homes, and boats, etc. We mostly want (I included) for them to open up the seller finance restrictions. I have joined the Seller Finance Coalition. If you have not done that, then you should look into it. 

We as true real estate investors rely on the availability of seller finance. It was the banks and mortgage companies that were not processing applicants correctly, they didn't look at credit history and capability to pay the loans.  The real estate investor has always looked to make sure the buyer can pay.  

So, this will be the one good thing.  However; per Trumps statement that he wants the banks to deal, deal, deal. I am afraid that he wants the banks to allow fony-balony loans again. 

Hi RE Investor!

 We get together monthly and have dinner at the Holiday Inn, Springfield. We have a Real Estate Investor subject that we talk about each month, and this month we are going to cover the wide topics of as many of the Real Estate Investors areas that we can. Why? Because we'll choose which ones to bring speakers and experts in for 2017. 

So if you're thinking I need more help on contracts/legal, or maybe it's property inspections, or how to get investors/money, or how to figure costs on repairs... come to this meeting and see how many experts are already in the room and help us choose what we cover next year. 

We are also planning on doubling the number of meetings in 2017! Come and find out more! 

What I have witnessed here in Oregon, as the past President of the Northwest REIA, is that Rights of Redemption bartering has been a pretty controversial practice among real estate investors. When companies started doing this a couple of years ago in the Portland area, it took a lot of investors off guard. Now that our active investor REIA members are more aware of it, this has become one of the items for the more savvy investor to watch for on their due diligence list before going to the court house, or to factor in when holding that property for 6 months.

How do you factor in this practice of the Rights of Redemption bartering, you might ask? Well, maybe not you @Max Brunke, since you're an attorney, but for others; you should check the court house deeds of records on the property often during those 6 months to make sure that a bargain and sale deed has not clouded the property.  (As the purchaser, you should get a notice from the county.)

The property owner (defendant) can sell the rights anytime before the redemption time-period is up. I'm not an attorney, so don't think that I am teaching law here, this is just what I have witnessed in Oregon.

The laws are different in all states. Cross state lines, and you have new laws. Cross county lines and you might have different practices.  When I step up to a different county's clerk I get completely different results for the same questions in Oregon.  It takes time to work things out, I have found.

As for the two parties in this "case study," I don't know either of them. I do know other companies who have bought redemption rights a lot! And I have bought properties from these companies. :-)