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All Forum Posts by: Patrick G.

Patrick G. has started 2 posts and replied 5 times.

Post: I want to learn how to invest in real real estate.

Patrick G.
Pro Member
Posted
  • New to Real Estate
  • Beaverton
  • Posts 5
  • Votes 1
Quote from @Chris Watkins:

Hey Patrick, welcome to BP. What are your goals for investing? Beaverton (and Oregon in general) is more of an appreciation market than a cash-flow market. Unless you are doing value-add work or repositioning to MTR or STR, the cash flow isn't going to be as strong as other parts of the country. But there's a lot to like about the Portland suburbs as well, it just depends on what you are hoping to achieve, the skills or assets you bring to the table, and your timeline.


I got it. They are mid term and short term rental. One of my friends is also thinking about that but what I am concerning is how about the vacancy rate for the STR and MTR?

Post: I want to learn how to invest in real real estate.

Patrick G.
Pro Member
Posted
  • New to Real Estate
  • Beaverton
  • Posts 5
  • Votes 1

Thank you so much for your reply! Yeah, I did a calculation it is really hard to get a positive cash flow in beaverton where we live. What do you mean MTR and STR? Sorry I am pretty new in the real estate. If I am looking for an appreciation and cash-flow market in portland area which areas you think we should look at for more research.

Post: I want to learn how to invest in real real estate.

Patrick G.
Pro Member
Posted
  • New to Real Estate
  • Beaverton
  • Posts 5
  • Votes 1

Hi Steven and MD,

I did some research in the OR market. It seems it is so hard to get the positive cashflow in Oregon. Do you think a just break even cash flow and slight negative cash flow is worth to hold the house? The cash on cash return is just about 1-2%. Thank you!

Post: I want to learn how to invest in real real estate.

Patrick G.
Pro Member
Posted
  • New to Real Estate
  • Beaverton
  • Posts 5
  • Votes 1

I would like to learn how to be a wise invester to the real estate market in Beaverton Oregon area. I lived here for 4 years and now I am looking for learn more about the housing market and renting market. Thank you!

Post: Does anyone know what it happening at west basline rd and 185th at beaverton?

Patrick G.
Pro Member
Posted
  • New to Real Estate
  • Beaverton
  • Posts 5
  • Votes 1

It seems they are remobing all the all the greenhouses and it seems that a big construction project. Any one knows are they going to build single family or apartment?