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All Forum Posts by: Pragya Singh

Pragya Singh has started 22 posts and replied 49 times.

Post: $1,276,000 Portfolio Sold - $76,000 Commission - BP found Deal

Pragya SinghPosted
  • Investor
  • Hillsboro, OR
  • Posts 62
  • Votes 45

Woah! What a great read! Thanks for sharing this Riley. 

I can totally imagine how stressful the day of appraisal might have been. But wow! congratulations !!! :)

Post: Hello Vancouver! Deal Analysis for New construction

Pragya SinghPosted
  • Investor
  • Hillsboro, OR
  • Posts 62
  • Votes 45

Hello! We are looking for opportunities in the Vancouver market specifically in land acquisition and new construction.

Can someone give us an idea of average construction cost? Here is Portland it’s around $200/sqft for new construction.

Post: Portland Oregon Investor Meetup and Networking

Pragya SinghPosted
  • Investor
  • Hillsboro, OR
  • Posts 62
  • Votes 45

Thanks for the invite! @Siddharth Shastri and I will be there. 

I am Interested in a PM as well! I hope you find someone soon!

Post: Heat Pump or Gas Furnace

Pragya SinghPosted
  • Investor
  • Hillsboro, OR
  • Posts 62
  • Votes 45

We are remodeling our house in Portland Oregon and are at a point where we need to choose between a heat pump or gas furnace. 
During winters we have noticed we are always comfortable at 72degrees and I’m wondering if someone has a heat pump with weather similar to Oregon’s and can have a warm cozy house :)

Post: CPA - Portland

Pragya SinghPosted
  • Investor
  • Hillsboro, OR
  • Posts 62
  • Votes 45

Thank you @Robert Laird @Amit Shulka ! wow I do owe this thread an update!

I have ben working with Amanda Han from Keystone CPA. She is the author of  "The Book on Tax Strategies for the Savvy Real Estate Investor"

I dont think I could have met someone better than her and her team. 

Post: Struggles in Refinancing in Hillsboro OR

Pragya SinghPosted
  • Investor
  • Hillsboro, OR
  • Posts 62
  • Votes 45
Originally posted by @Steve Morris:

I am wondering if anyone else has experienced this hardship of finding a lender.

Are you using a resi or comm mort broker?  >4 units is usually different lenders and that's small for a comm mort broker.

As of now, we could either combine both the properties and get a blanket loan or have them separate. Which ever is possible by lenders. 

There are residential lenders who are okay with doing a re-fi on the 2-unit but there is a scarcity for the 5-plex ones. 

I am just trying my luck with local banks for the commercial. 

Post: Struggles in Refinancing in Hillsboro OR

Pragya SinghPosted
  • Investor
  • Hillsboro, OR
  • Posts 62
  • Votes 45

With such a great job demand and soaring property prices in Hillsboro OR, I am surprised I have spent months and months together to look for a bank or lender who can re-fi our 5 plex and duplex. Both have great cash flow and very less vacancy. 

I am wondering if anyone else has experienced this hardship of finding a lender. I either find someone who does only and only residential or others who want to work with only more than a million. 

Post: Property Manager recommendations Portland & Wash County?

Pragya SinghPosted
  • Investor
  • Hillsboro, OR
  • Posts 62
  • Votes 45

I have been working with Uptown properties for more than 2 years now. They are very professional and highly reliable.  I have recommended them to 2-3 of my friends and they are really glad they took my advice! Check them out here: 

https://www.uptownpm.com/

Post: Background check for non computer savvy tenant

Pragya SinghPosted
  • Investor
  • Hillsboro, OR
  • Posts 62
  • Votes 45

Hello, 

Is there a website for criminal/eviction check for the landlord to use? I have some tenants who are age 55+ and are not really computer savvy. Is there a website where I can go and enter all their info and pay ? 

Most of the sites like transunion/cozy etc ask me for a verification. They have a bunch of multiple choice questions to prove identity, like which one of the above seems like a correct county you might have resided in etc. 

I used screeningworks before but they are shutting down. So looking for something similar.