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All Forum Posts by: Eric Blanchard

Eric Blanchard has started 3 posts and replied 94 times.

Post: 27 lot subdivision PDX market has gone black

Eric BlanchardPosted
  • Specialist
  • Portland, OR
  • Posts 96
  • Votes 19

The horse pasture behind my parent's place was developed when I was a kid - 12 houses and a large hole just wet enough to produce mosquitoes and frogs.

Post: 2 Simple Tips For Follow-Up

Eric BlanchardPosted
  • Specialist
  • Portland, OR
  • Posts 96
  • Votes 19

Thanks James.

Post: 2 Simple Tips For Follow-Up

Eric BlanchardPosted
  • Specialist
  • Portland, OR
  • Posts 96
  • Votes 19

Glad you found it helpful!

Post: 2 Simple Tips For Follow-Up

Eric BlanchardPosted
  • Specialist
  • Portland, OR
  • Posts 96
  • Votes 19

I visited a lead today with @Jay Hinrichs   and he gave me a couple tips on how to follow up with the seller, so I thought I'd share:

1. When I make a follow-up call next week, make sure I ask permission to follow up in a couple of weeks, even name a specific date. This way I've paved the way for staying in touch.

2. When I make the second call, be sure to remind him I'm calling back as arranged and put in a good word for myself/build credibility, something along the lines of, "Hi, this is Eric, I wanted to make sure I touched in with you today, like I promised the last time we talked.

Post: It has been 8 months since I left my job and.....

Eric BlanchardPosted
  • Specialist
  • Portland, OR
  • Posts 96
  • Votes 19

Congrats on your success, and thanks for sharing your story! I guess your experience of not being able to stop and relax is what makes you an entrepreneur - you started your own business back when you had a day job because you couldn't stand having nothing to do on your evenings and weekends :)

The review site was a good idea, there's definitely a need for it.  Can't wait to see where it goes.  I was just running around Lake Oswego with Jay - would've asked him about the site if I'd read your post two hours earlier.

Post: Hello from Portland, OR

Eric BlanchardPosted
  • Specialist
  • Portland, OR
  • Posts 96
  • Votes 19

Hey Cory, welcome to BP. As you probably noticed, there are several opinions on the LLC thing, all have their strengths and weaknesses. Just make sure you know the dangers of whichever route you take so you can have a plan B prepared ahead of time if things go bad.

Regarding cash flow, PDX is lower than in other areas (much of the midwest...). A lot of people who buy and hold here like the upside potential, since property here appreciates pretty consistently over the long haul, whereas other areas don't appreciate as much (much of the midwest...). Cash flow does improve in the smaller cities outside of PDX and in SW Washington, but as always, know the strengths and dangers of wherever you choose!

Post: Newbie from PDX

Eric BlanchardPosted
  • Specialist
  • Portland, OR
  • Posts 96
  • Votes 19

Welcome Indasia! BP is a great place to find help and advice, did my first deal with the help of a contact I made on BP.

Post: New Member from Portland, OR

Eric BlanchardPosted
  • Specialist
  • Portland, OR
  • Posts 96
  • Votes 19

Welcome Emilie! PM if you want hard money lender references, I have two that I've used.

Afraid I can't make it tonight :( Try to have fun without me.

I was looking for an excuse to go to Seattle. See you folks next week.