All Forum Posts by: Grant Schroeder

Neal, I am looking to purchase a property that is in the foreclosure process currently. The current landlord is also going through the eviction process with the tenant in Unit A, while Unit B is vacant. Do you have any advice or reading material that you would recommend to dealing with the eviction process in the situation as well?

Thank you!

@Gavin Wisser - I will look into that, thank you!

@Gordon Forbes thank you for your thorough response on this! The electrical box is indeed in the garage and easily accessible. 

I will begin with calling the appraiser who performed the appraisal during the closing process, and then see about calling the county. The contractors used it as an office throughout construction of the complex, so the room is complete with a ceiling fan and one full wall of closet/cabinets.

Your note about the CC&Rs is a good one, I will need to dig into those further.

Your advice is much appreciated!

@Ralph Hughes - Will do Ralph!

The townhouse I recently purchased was the model unit for the entire complex and the contractors converted the garage to an office/den with a window and an exterior entrance. I currently am house-hacking and have two people living in this space since it is a larger room than the master bedroom. The only thing missing to qualify the room as a 4th bedroom is a heart source in the room. I am looking to get the house appraised for a HELOC in the next couple months and want to find the most cost effective way to get the townhouse appraised as a 4 bedroom instead of a 3 bedroom like the rest of the units in the complex. Should I begin simply by contacting the city for their recommendations? Would it be as simple as cutting a vent in the wall from the garage to the interior of the home to allow heat to flow into the room? Or would this require possiby having to run a duct from another area of the house? Thank you for your help BP community!

Todd, first of all, thank you! A lot has been happening lately. I am definitely all in for using RE as a wealth-builder for the long-term. I sat down with Erik Hellesto last weekend and plan to set up a meeting with Jason in the near future as well. I'd love the opportunity to sit down with you and talk real estate some time when I am back in Corvallis! I am always interested in learning from others experience and hearing their 'lessons learned' from their time in RE. Would that be something you might be interested in? Thanks Todd!

I am in contact with an older investor who has 6 units (two duplexes and 2 SFRs) within an hour radius of one another ranging from Clackamas to Troutdale to the east of Portland, Oregon. He is looking for a handyman or small general contractor to oversee repairs and maintenance when he turns a property over for a new tenant to rent. He does not want a property manager, just someone to perform/oversee repairs to his properties. Does anyone in this area know of a handyman or small general contractor that might fit this role?

I am a young real estate investor in the southwest Portland-metro area who has one property under his belt and am looking to grow my real estate portfolio. I live over an hour away from these properties, and am considering taking this on myself to gain some experience on managing the maintenance process, but am unsure if this might be a good option for me. It could also present an opportunity to buy the properties from this older investor in the future since his kids want nothing to do with them. Any thoughts on this are greatly appreciated, thank you!

I am in contact with an older investor who has 6 units (two duplexes and 2 SFRs) within an hour radius of one another ranging from Clackamas to Troutdale to the east of Portland, Oregon.  He is looking for a handyman or small general contractor to oversee repairs and maintenance when he turns a property over for a new tenant to rent. He does not want a property manager, just someone to perform/oversee repairs to his properties. Does anyone in this area know of a handyman or small general contractor that might fit this role? 

I am a young real estate investor in the southwest Portland-metro area who has one property under his belt and am looking to grow my real estate portfolio. I live over an hour away from these properties, and am considering taking this on myself to gain some experience on managing the maintenance process, but am unsure if this might be a good option for me. It could also present an opportunity to buy the properties from this older investor in the future since his kids want nothing to do with them. Any thoughts on this are greatly appreciated, thank you!