All Forum Posts by: Justin Green

Agreed with Chris. The rental market is great with very low vacancy rates. Eugene is a college town " Go Ducks" and it is becoming a really booming area. I just put a SFR rental up last month and had 5-8 interested parties a day in the PDX burbs. Screening was fun. Portland and Eugene are both great cities with much to offer.

Let me rephrase this one a bit. We all have dreamed of being a real estate since we were young. At least I have dreamed of being in Real Estate since late teens. Now is my "This is it moment" Having a few deals come together

When did you have that moment of " This is it" actually become real? When was your dream real?

@Darrell Shepherd  getting the expenses down is key I agree. I also like the idea of 4-5 little houses pay for my primary residence then what I work for feeds the family so the monthly nut isn't so bad. I am very much finding my time drained by the 9-5 or 6-7-8-9-11..... It is difficult to follow up on the leads when my phone does blow up then I also get to deal with I'm 300 miles away but I can meet you next week maybe, if I don't get sent off somewhere else. I am researching bandit signs and mass marketing. I know when I pull the trigger on that I need to be ready to handle it.

BTW my knowing when is happening NOW. its an incredible mindset change and different view of the world. Taking action, making hard decisions, and praying that I am right.

Kevin I am in a similar situation. My lenders are saying 2 years proven track record to count the majority of qualifications on rental income. with strong W2 and multiple 1099's it will be much sooner. Welcome to the community and I may see you at a meetup

@Aaron J.  I can tell you Portland has rain, and mountains, and ocean, and desert, and forest, and everything within 2 hours. we have had a crazy hot summer this year. I have traveled the country for the last decade and am proud to call Portland home. Not to tout my hometown too much though. I understand your situation in the Bay Area. I am currently working with 2 couples from the bay that were pushed out of the market. Both of them are buying up here for buy and hold rentals. Do you research and I highly recommend spending some time in the city you want to invest in. Feel free to reach out if you want to know more about OR

I would suggest one of the wireless systems you can move form property to property if the buyer does not want it you can move it. The buyers defiantly do not want to assume the contract. the contract is the problem.

@J Scott  I have heard your name multiple times on the podcast. I think you have made it :) 

@Jay Hinrichs Sounds like you had a great mentor and learned early. My wheels are turning. 1 deal a month replaces 4-6 weeks of working for someone else's dream, giving up sleeping in my own bed, missing my family, and working 70 hour weeks. So working 250 hours or put that effort into closing a deal? if I put 250 hours into closing a deal you think it should be more than just 1. You are an inspiration.

When did you have that feeling this is it this is what I was meant to do? Not when you thought I should be involved in Real Estate somehow. More of when did you actually believe in yourself that you can make it on this only?

Welcome Paulie,

I'll keep it short.

Perseverance is the key

You are talking 2 totally different types of Agents here. the flat fee $500 or 1% listing agent will list on MLS stick a sign in the yard and thats it. I pick up expired listings from these types after 120-180 days on market with no activity. You get what you pay for and a good Agent is like any other trade. would you pay a flat rate or very cheap Dr or mechanic. Speaking for myself I work my but off just as hard at listing as I do buying for clients. The market rate Realtor should expose your property to all potential buyers not just MLS, call buyers they know, show your property, check on your property, make the transaction actually close, and perhaps net you even more in multiple offer situations from working it hard ect... ect...

2 types of people in this world those that want to work hard and those that don't. Just make sure you have someone who likes hard work.