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All Forum Posts by: Justin Lester

Justin Lester has started 5 posts and replied 19 times.

Post: Air BnB Oregon Coast

Justin LesterPosted
  • Rental Property Investor
  • Salem Oregon
  • Posts 19
  • Votes 2

Any new news on Oregon coast short term rentals?

Has any town emerged as a friendly location for short term rentals?

Post: Buying House Next door

Justin LesterPosted
  • Rental Property Investor
  • Salem Oregon
  • Posts 19
  • Votes 2

@Nicolas Yopp

You would want to verify with a loan broker, but I believe conventional loans are sometimes available with less than the usual 20% down, sometimes significantly less.

I have had great experience with an Oregon based loan broker that I’d be happy to connect you with if you message me personally.

I’m not 100% on the rules or I would have posted his contact here.

Best of luck to you!!

Post: New Invertor from the Eugene Area!

Justin LesterPosted
  • Rental Property Investor
  • Salem Oregon
  • Posts 19
  • Votes 2

Congratulations on House Hacking to live rent free!

I’m just up the road in Salem and love the Eugene area!

I look forward to witnessing more of your success in RE!!

Post: Newbie(ish) in Salem Oregon

Justin LesterPosted
  • Rental Property Investor
  • Salem Oregon
  • Posts 19
  • Votes 2

Adeyemi the REIA meetups have been the best motivator and educational use of time.

Especially the Salem meeting has a rare mix of helpful and experienced people who help everyone.

I remember our first meeting there 2 members were chatting in side conversation and later they apologized and explained that they went under contract right there in the meeting one bought the other ones property.

Its virtual at the moment, and I would try it, but especially check it out when we're back in person

Post: Newbie(ish) in Salem Oregon

Justin LesterPosted
  • Rental Property Investor
  • Salem Oregon
  • Posts 19
  • Votes 2

Welcome to Salem!

My wife and I are investing in Salem as well. Closing on a duplex by election day.

The local REIA group is fire! Though COVID has sent it virtual. We would love to collaborate and give and receive encouragement.

Currently we're researching creating a template for Limited Partnerships to raise more money one property at a time, preferably in the Mid-West...

Post: New investor in Molalla, OR.

Justin LesterPosted
  • Rental Property Investor
  • Salem Oregon
  • Posts 19
  • Votes 2

My wife and I are in Salem Oregon and are trying to expand our network. There are so many quality craft beers to choose from in our area!

Feel free to reach out

5038710956

Post: Evict for Owner Occupy during Covid?

Justin LesterPosted
  • Rental Property Investor
  • Salem Oregon
  • Posts 19
  • Votes 2

We need to do a no fault eviction (our first) in order to owner occupy to satisfy the FHA requirements for our turnkey duplex, and while I have some corporate law background, I don't know what landmines are waiting for us as we approach the eviction process of the tenants in one of our units...

What do I need to know?!

Does the owner occupy category make things different to evict in Oregon?

Post: Salem Real Estate Meet Up!

Justin LesterPosted
  • Rental Property Investor
  • Salem Oregon
  • Posts 19
  • Votes 2

We can't make this one but would love to meet up and network if we can make this regular!

Post: Unfinished Basement Concerns...

Justin LesterPosted
  • Rental Property Investor
  • Salem Oregon
  • Posts 19
  • Votes 2

We are considering buying a property built in 1908 that has a full unfinished basement, that needs to be dug out to create another level.

Experience with this?