Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Matt Good

Matt Good has started 38 posts and replied 112 times.

Post: Lake Oswego, OR flip

Matt GoodPosted
  • Real Estate Investor
  • Sandy, OR
  • Posts 113
  • Votes 15

Hello. I recently scored a great investment opportunity. I'm curious before I tear into this thing what the general cost per square foot is on basic carpeting and ceramic floor tile installation. Anybody out there familiar with the area? TIA

Post: Portland Oregon Fall 2016 Meet Up

Matt GoodPosted
  • Real Estate Investor
  • Sandy, OR
  • Posts 113
  • Votes 15

I'm down!

Post: Portland Oregon Spring 2016 Meet-Up

Matt GoodPosted
  • Real Estate Investor
  • Sandy, OR
  • Posts 113
  • Votes 15

Thank you to anyone who participated in setting this thing up! :-) Is anybody interested in doing introductions next time?

Post: Direct mail

Matt GoodPosted
  • Real Estate Investor
  • Sandy, OR
  • Posts 113
  • Votes 15

VERY insightful thank you @Claire Trammell!

Post: Direct mail

Matt GoodPosted
  • Real Estate Investor
  • Sandy, OR
  • Posts 113
  • Votes 15

My Realtor and my flipping business are brainstorming ideas for joint direct mail to target possible homeowners in distress and in lieu of defaulting to name one group. Is this a viable platform for sending out mail? She was suggesting post cards since she gets a hookup but she can really do anything. What's the BEST way to reduce folks from not tossing into the trash? Should it be in an envelope so that they have to open it? Less information the better? Photo of her the Realtor? (she's good looking btw) How can we make something personable. Help! Before we go spending the money that is.

Post: Portland Oregon - Crazy Market

Matt GoodPosted
  • Real Estate Investor
  • Sandy, OR
  • Posts 113
  • Votes 15

@Jay Hinrichs I see that makes sense ... I'm also not going to be one of those fellers who complains non stop about the big boys! This is a free market and we all started somewhere!

Post: Portland Oregon - Crazy Market

Matt GoodPosted
  • Real Estate Investor
  • Sandy, OR
  • Posts 113
  • Votes 15
Originally posted by :@Jay Hinrichs the other thing is not having to borrow HML... bank loans at 6% and only pay interest on drawn funds is also huge...

@Jay Hinrichs are you referring to a LOC such as a HELOC or business LOC?

Post: Portland Oregon - Crazy Market

Matt GoodPosted
  • Real Estate Investor
  • Sandy, OR
  • Posts 113
  • Votes 15

This is where my frustration is right now... I understand that it's a Seller's Market. It's often difficult to find a deal but easier to sell. There's never a bad market for RE the rules just change. Yes the demand in PDX is even higher. I decided to complete a few tasks to give myself an edge over my competition. 1) Gone is the idea of having a contractor(s) perform all work. The margins are just too tight in this market. I've done a few flips already so why not just count on getting my hands dirty? 2) Convince my Wife to become not only a Realtor but my exclusive Realtor. Boom! Now as soon as something hits the market I'm already inside inspecting the place and not having to wait 24-72 hours on a Realtor to get me into the door. People are busy I get it! :-) ... The only other task is to become a cash buyer. Ha! I'm now going on 2 business days (4 days total) waiting for my HML to approve the property before submitting an offer not to mention all of my other HML's that can't return a simple phone call, text or e-mail. BIG pet peeve of mine even though I'm told that that's just RE. Not acceptable. So you can imagine all of the other offers flooding in by now. This is one way to lose in this market. You have to be FAST and AGGRESSIVE! Like the cash buyers offering sight unseen.

Post: Portland Oregon Spring 2016 Meet-Up

Matt GoodPosted
  • Real Estate Investor
  • Sandy, OR
  • Posts 113
  • Votes 15

I'm in! I'm on the east side as well @Robert Laird!

Post: USDA is slow!

Matt GoodPosted
  • Real Estate Investor
  • Sandy, OR
  • Posts 113
  • Votes 15

Good morning fellow BPer's! I'm waiting to close on a house that I'm selling and have been waiting since January 8th. We've had to make several extensions along the way do to USDA and their checks, lack of communication and non existent ETA's. Meanwhile, I'm still making payments on a vacant house, the buyers forfeit $3,000 of their earnest money to aid me and everybody is at the mercy of the USDA including the buyers lender!  I understand that they're the government, but are they possibly the mob too? What on earth if anything can I do? It baffles me how much these people can screw with others lives and get away with it!  I've read all of the negative reviews on Zillow with regards to USDA and I gotta tell you, as a flipper and my Wife becoming my RE Agent, I'm not entirely sure that I ever want to work with a buyer using USDA! Anybody have a similar story?