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All Forum Posts by: Justin Mespelt

Justin Mespelt has started 8 posts and replied 24 times.

Post: Learning all I can, from Portland, Oregon

Justin MespeltPosted
  • Portland, OR
  • Posts 24
  • Votes 11

Thank you @Jay Hinrichs.  I will definitely look into it.  Like I said above, I'm still new and just in the learning phase right now.  While I know I want to be a buy and hold investor that is as hands off as possible, I'm looking at locations.  Do I want to invest here local where I can drive by my property whenever I want, or do I buy out of state in a cheaper location (KC, Atlanta, Provo, etc) through a turn key operation? 

I'm even debating investing in my home town on the other side of the state.  I have a sister that is an agent there, and my father could literally fix anything and would love to have project houses to keep him busy during his retirement.  However, small population, limited if any job and population growth, etc make it not ideal.  But prices are SO MUCH more manageable.  I was shown an pre-market 3 plex that I could have purchased for under $70k.  It's just so far above my comfort level right now that I fell back on "I need to learn more"...

Long story long, thank you for the welcome everybody.  I'm looking forward to connecting with people that can share my enthusiasm with me.

Post: Newbie Investor in Portland, OR

Justin MespeltPosted
  • Portland, OR
  • Posts 24
  • Votes 11

Welcome. I'm new here at BP also. And also work at a Fortune 500 company. And not Nike or Intel. It's a good situation to be in. Good luck with your research, enjoy the learning process. 

Post: Learning all I can, from Portland, Oregon

Justin MespeltPosted
  • Portland, OR
  • Posts 24
  • Votes 11

Sounds great.  Glad to know there are active users on here in my area.  Here's to developing a relationship that can be beneficial to all of us.

Post: Learning all I can, from Portland, Oregon

Justin MespeltPosted
  • Portland, OR
  • Posts 24
  • Votes 11

Hello all.  I'm new to the Real Estate world, but looking to learn all I can.  I plan on investing in a buy and hold property in the next couple years, and want to feel comfortable heading into that investment.  Before any investing is done, my wife and I have a simple plan to end up debt free (except mortgage) in the next 9-12 months.  We beginners-lucked our way in to our current primary residence, our first home, in 2013.  Somehow timing the market perfectly, we bought a just worn-down enough for us to afford it foreclosure 3 bed 2 bath in Portland and have cleaned and improved it enough that I'm proud to call it home.  And, with the blazing market here in Portland, we've seen crazy appreciation.  That will be another possible method to aid in our investment future.

Anyway, hello, nice to meet you.  Thank you for this great website, I haven't read anything that didn't originate from BP in the last 3 weeks.