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All Forum Posts by: Heidi Wills

Heidi Wills has started 3 posts and replied 18 times.

Post: Advice appreciated in Medford, Or!

Heidi WillsPosted
  • Medford, Or
  • Posts 18
  • Votes 4

If it's at The Point Friday at 7 then I will be there tomorrow. If you'll be there I'll try to flag you down! I'm trying to figure out how to add my pic so people can recognize me by face. 

Post: Advice appreciated in Medford, Or!

Heidi WillsPosted
  • Medford, Or
  • Posts 18
  • Votes 4

@Bill S. and @James Carlson

Would a duplex be a smarter choice?

Post: Advice appreciated in Medford, Or!

Heidi WillsPosted
  • Medford, Or
  • Posts 18
  • Votes 4

Very insightful. Thank you to you both. That also answers a couple questions I hadn't even asked yet! I'm fearful of acquiring a place with a big price tag only to have the home prices start falling within a couple of years. But @Bill S. it sounds as though you're confident the market will keep climbing in value. That makes me feel better about investing in such an (already) expensive market. I'm gathering you think I'd be better off getting a higher end condo in a great location rather than buying a duplex in a B- neighborhood. True or false?  And by great location, I know you mentioned desireable tourist areas like like cap hill or near 16th st mall...or am I just as well looking in Cerry creek area or Wash Park?

Post: Advice appreciated in Medford, Or!

Heidi WillsPosted
  • Medford, Or
  • Posts 18
  • Votes 4

Thanks for your advice. Who are the property managers that handle Airbnb and are they charging the same rate for Airbnb management compared with long term rentals? Is it typically 10% in the Denver market? Secondly, I've been receiving listings from my friend who is an agent in Denver since July and have been keeping an eye on prices. Do you see buyers getting more for their money today than last summer? And what are the traveling nurses paying for a one or a two BR there? I appreciate your insight. 

Post: Advice appreciated in Medford, Or!

Heidi WillsPosted
  • Medford, Or
  • Posts 18
  • Votes 4

@James Carlson I initially considered doing exactly that...using it as my primary residence and using Airbnb to rent out but wondered if that wouldn't be too much hassle with so many people in and out. What's been your experience with people respecting properties? 

Post: Advice appreciated in Medford, Or!

Heidi WillsPosted
  • Medford, Or
  • Posts 18
  • Votes 4

@Kurt Hines, thanks for reaching out:) My parent live in menominee and I'm considering investing in a duplex there. The economy has been in the tank for several years but there are a couple things buzzing. Home prices are super low. There are a couple industries that potentially might explode over the next few years given Trump's first 100 days plan. 

Post: Advice appreciated in Medford, Or!

Heidi WillsPosted
  • Medford, Or
  • Posts 18
  • Votes 4

Thanks Jerry, I know I have an unusual situation! I am a traveling therapist and I take assignments all over the US for 13+ weeks at a time. I sold my house in Gillette so I don't have a permanent dwelling. I rent when I'm on assignments. I'm currently in Oregon, about to decide whether or not to extend this contract. Being a Wyomingite, you understand the energy industry related economy fluxuations that our big beautiful state undergoes, particularly Campbell County. With a new POTUS in town it looks like oil and gas are going to make a comeback so I'm considering buying a duplex or 4 plex there. I have connections in Michigan and Denver as well and I'm not ruling OT those locations for potential rentals.    

Post: Advice appreciated in Medford, Or!

Heidi WillsPosted
  • Medford, Or
  • Posts 18
  • Votes 4

Hi! I'm Heidi and I've had a little experience buying and selling real estate as my primary residence but I'm really excited to start investing in a sf or small multi family property for rental income and house hacking. I travel t/o the states for work and I'm interested in investing either in Northeast Wyoming, upper Michigan or Denver. I'm planning to use a property manager since I'll be an out of state investor. I'm trying to learn as much as I can about private lenders and calculating return on investments and im a little confused by the calculator on BP and could use some guidance. Outside of going to local REI meetings here in Medford (I'll be here for the next couple months), I'd love to toss ideas around with someone experienced in investing in those types of markets. Thanks!