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All Forum Posts by: Jesse Rivera

Jesse Rivera has started 24 posts and replied 455 times.

Post: BP Investor Happy Hour - Portland Oregon

Jesse RiveraPosted
  • Lender
  • Long Beach, CA
  • Posts 488
  • Votes 289

It's been too long since the Portland crew has had an event. Come join us for some happy hour food and beverage, some good conversation and of course, lots of networking and investor talk. Shake some hands and kiss some babies. 

I'll be there a little before 5pm, grab a table and put up a sign with some sort of BP logo.

Please indicate that you will be attending so I know how much space to reserve.

Spread the work, tag your local investors connections.

looking forward to seeing you there!

Post: Looking for Portland Metro Multifamily to buy!

Jesse RiveraPosted
  • Lender
  • Long Beach, CA
  • Posts 488
  • Votes 289

@Neal Collins, I think you just opened the flood gates. 

Post: ​Looking to get started investing in Eugene.

Jesse RiveraPosted
  • Lender
  • Long Beach, CA
  • Posts 488
  • Votes 289

I have a great real estate agent that works down there, specializes in investing. does a lot of auction stuff too. Let me know if you need his name.

Post: New Member Portland, Oregon/OR/ Vancouver, Washington/WA

Jesse RiveraPosted
  • Lender
  • Long Beach, CA
  • Posts 488
  • Votes 289

Welcome to bigger pockets, this is the perfect place to start your REI journey.

Post: New from SW Washington

Jesse RiveraPosted
  • Lender
  • Long Beach, CA
  • Posts 488
  • Votes 289

Welcome to the forum. Hope to see you at one of our local get togethers!

Post: Buying Redemption Rights in Oregon

Jesse RiveraPosted
  • Lender
  • Long Beach, CA
  • Posts 488
  • Votes 289

Hi Hannah!

Dane has some great answers, but will give my 2 cents as well.

1. It depends. Once you get in contact with them, start asking questions. If they don't answer the door, leave a note with your contact info. I always start by saying that I am not a big bank, just a small time investor, and want to come to an agreement that is a win-win. Then ask questions.What is it that they need? If they need time to move out, you can give it to them and not give them any money. If they need money for moving and deposit, then you can negotiate with them. If they are being difficult, you may have to throw money at them. 

Most are very nice and just need time. If they are being difficult, ask them for a copy of the lease, and proof that they have been paying it. If they don't have that they have no rights to the property and need to be out. Even if they have that, they need to start paying you rent, starting on auction date.

But always start the eviction process, even if they are being cooperative. Use a carrot and a stick. Tell them it's just a formality, if they decide to cancel the terms of the agreement, then you will be prepared.

2. I have a guy that has done this many time for me, an attorney her in Portland. If you need his name, message me.

3. What Dane said. :-)

Good luck!

Post: New Member from San Francisco, CA

Jesse RiveraPosted
  • Lender
  • Long Beach, CA
  • Posts 488
  • Votes 289

Welcome Krisy! You are in the right place to achieve your RE investing dreams. The community is awesome and you will learn a lot!

Post: Meeting with experienced RE investor

Jesse RiveraPosted
  • Lender
  • Long Beach, CA
  • Posts 488
  • Votes 289

Happy to meet as well. I can advise you on the financial and the investment side. Let's grab a coffee and see if I can help!

Post: Real Estate Licensing

Jesse RiveraPosted
  • Lender
  • Long Beach, CA
  • Posts 488
  • Votes 289

There are definitely pluses and minuses. And you won't get a salary (especially as a newbie), it will all be commission based.

Here is a partial list, others please chime in.

Pluses: 

  • Access to mls
  • Surround yourself with people in the business
  • Learn how to do retail real estate (forms, negotiation, flow of a deal,etc.)

Minuses:

  • Fees and expenses to get and keep license
  • You are held to a higher standard
  • Most brokerages don't know or do investing. 

I will add more as I think of it...

Post: Salem Round Table - Northwest REIA

Jesse RiveraPosted
  • Lender
  • Long Beach, CA
  • Posts 488
  • Votes 289

I will be there in January!