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: Mason V.

Mason V. has started 42 posts and replied 86 times.

assuming all financial factors are the same, including number of units and physical condition, would you prefer a rental on a busy or quite street?

Post: Newbie from Portland, OR

Mason V.Posted
  • Investor
  • Posts 86
  • Votes 7

Hello!

I agree with paul on the REIA idea. NWREIA is a pretty good group with meeting allover the metro area. There's at least 1 other than has been mentioned but i cant recall what its called at the moment.

Post: Thinking of getting CCB License...

Mason V.Posted
  • Investor
  • Posts 86
  • Votes 7
 @Mindy Jensen

CCB stands for Construction Contractors Board. It’s been a while sense I took the test but I think it allowed you to do everything but electrical and plumbing. If I remember correctly, it also allowed for landscaping attached to the construction but would bar landscaping when no other construction was underway. In the case of the latter you need an actual landscaping license which is a total unreasonable pain in the butt to obtain. At least it was in 2006.

Honestly Chad, I am beginning to think the Broker's license is kind of pointless. My reasoning is that it may be easier to hook up with someone who already has the license from BP or to go out in search of your own investor friendly agent. I do agree with the CCB license though. That little thing allows you to do a lot of stuff. Of course this is coming from some who is still in pursuit of their first deal; so, feel free to ignore everything I just typed.

Post: New Investor from Salem Oregon

Mason V.Posted
  • Investor
  • Posts 86
  • Votes 7

Howdy, honestly with your past business experience you may have a smoother time getting started than most people. Good luck man!

Post: Investor Friendly Conventional Financing!

Mason V.Posted
  • Investor
  • Posts 86
  • Votes 7

How much does you company lend? 70% ARV, 100% Market, 89% appraised?

BA from Portland State University.

welcome, 

I am  80 miles east of you in The Dalles. From what I've seen Oregon and Eastern Washington seem to have decent sized investor communities.  Portland itself has the NWREIA with several helpful members. I was a member until I started trucking and put everything else on hold in my life.

sense it seems like I will be focusing on small cities and towns, I thought it may be a good idea to get an idea of how well a community could survive another financial upset. I am thinking that two prime indicators would be house sales/foreclosure and employment rates. Can you think of anything else?

lets say you are given a private loan for (x) amount. Would there be any restrictions on how often you can use this kind of financing? Must the lender be accredited? Do they have restrictions on how often they can lend their money and how much? I am talking about in general, but if you know about specific states, please tell.

Post: Why do you live where you live?

Mason V.Posted
  • Investor
  • Posts 86
  • Votes 7

because I have a 1 year lease in The Dalles. Tried to get a local trucking job but got fired. Going to try for another 2 local jobs. If I can't get them, its back to Portland in july when my lease is up.