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All Forum Posts by: Preston Roth

Preston Roth has started 10 posts and replied 25 times.

Post: Buying Property in Aberdeen, WA.

Preston RothPosted
  • Real Estate Investor
  • Portland, OR
  • Posts 25
  • Votes 7

Jack, completely agree with you on the above. I'm doing the same. Did you end up buying anything in aberdeen wa?

Post: PSA For Washington State

Preston RothPosted
  • Real Estate Investor
  • Portland, OR
  • Posts 25
  • Votes 7

Thank you Steve.

Post: PSA For Washington State

Preston RothPosted
  • Real Estate Investor
  • Portland, OR
  • Posts 25
  • Votes 7

Thank you Steve! I should have mentioned, it would be for a multi-family. Do you have a PSA for that situation?

Post: PSA For Washington State

Preston RothPosted
  • Real Estate Investor
  • Portland, OR
  • Posts 25
  • Votes 7

Hello

Does anyone have a good PSA they wouldnt mind sending to me? Fill-able would be great

Thanks

P-

Post: Aberdeen Rental Market

Preston RothPosted
  • Real Estate Investor
  • Portland, OR
  • Posts 25
  • Votes 7

Hi all. Im new to Bigger Pockets, seasoned rental investor(managing and owning for 20+ years) and have a buy and hold mentality. I take the tortoise approach. Plug away, pay loans down faster, may not get rich quick, but when I'm 50 Ill be well off and pretty secure the rest of my life. 

I have several properties in Portland and Washington and am looking to expand my portfolio of properties, but looking outside of Portland as its a mess with trying to buy multi-plex properties. You either need cash to buy anything worth buying and everything else you need about 35% down for it to cash flow anything. So I'm expanding my search and am interested in Aberdeen. I know they are seriously planning on revitalizing the downtown area and its an intriguing place to me. The Morck Hotel is going to be renovated back to its glory days so I feel there are some good signs in the area. 

Any thoughts on the area and the rental market?

P-