All Forum Posts by: Mike Nuss

Join us for an eye-opening evening as we explore the world of Commercial Acquisitions with Real Estate Investor and CEO of Hamel Investments, Gabriel Hamel. Get the inside scoop and strategies behind his $50M+ real estate portfolio (without relying on raising funds), including Single Family Homes, Multi-Family Apartments, Commercial Real Estate, and Mobile Home Parks. Don't miss this EXCLUSIVE Fireside Chat with Gabriel Hamel on March 14, 2024. This is your chance to unlock the secrets to financial freedom through commercial investments.

Topics that will be discussed that day:

• * Transitioning from residential to commercial acquisitions
• * Case studies on his purchases
• * Industrial parks
• * Mobile home parks
• * Custom terms for limiting capital requirements
• * Why commercial
• * Determining a market
• * Building the right relationships and team
• * Finding deals

RSVP to “Exploring the World of Commercial Acquisitions: A Fireside Chat with Gabriel Hamel” here before spots run out!

 Awesome! I took my kids there during the holidays. Such a great time. Enjoy!!

 Jay, the construction biz or non profitable container home biz? lol

Are you in Henderson this time of year? Would love to connect next weekend if you are. 

Ready to kick off the year with a real estate boost? Wondering about the future of the economy and how it'll impact investors? Join us as Mike Nuss, a seasoned expert from Rarebird Acquisitions, unveils his predictions for 2024. Just like in the past five plus years, Mike has been spot-on with his forecasts, providing invaluable insights for investors.

In this exclusive session, Mike will reflect on his 2023 predictions, highlighting what played out as expected and where the surprises came. It's a deep dive into the trends that shaped last year and a glimpse into what the next twelve months might hold for real estate enthusiasts like you.

But that's not all – brace yourself for a special interactive goal-setting exercise. The Investor Lab community is gearing up to take action, ensuring you're set for a year of success. Don't miss this double dose of knowledge and motivation as we navigate the real estate landscape together.

As always, get there early at The Evergreen to grab a bite at the Loyal Legion Bar, mingle, and get ready for an evening of insights and networking!

Get your tickets here

@Account Closed are you planning on doing this in Marion County? My first thought is 250k for that size of a unit + the brain damage just doesn't make sense. I'm not one to throw negatives at an idea...but a larger more widely accepted stick built apartment is 250K/unit for hard costs. Site development is most likely easier and permitting significantly easier. That being said, definitely not as cool as what you want to do. 

@Jay Hinrichs what's your friend's name who did the shipping container project in Oregon City? Did he ever get that thing permitted and built?

@Henry Clark that's some solid stuff man, thanks!

 I've sold a handful of properties with homeless camps literally in front of them. Does that come with challenges? Sure does. Was I profitable? Every time on those. 

 Here's the stance and logic I'm taking...

Biased = you're a broker trying to sell crappy rentals in the midwest

Bigoted = small minded with a minimum level of understanding, no desire to learn more and using a social issue as a sales pitch

In this case, landlord tenant laws are tighter than many other states. Sure, all that other drivel is pure emotional bs that helps no one whatsoever. It does play on the emotions of people who dislike Portland and are willing to by cheap real estate that appears to be good cash flow, but ultimately becomes a headache. 

In regards to logic and stance on the other post you commented on. 

Investor Lab & Creativity = an in person group of real estate professionals who use the laws and opportunities in ways to create extreme wealth, cash flow and freedom. 

Have a good day fine sir!

 Educated opinion, yes! 

Biased bigotry for the win I guess?

I love it when people are so authentically themselves. Especially when they let me know right from the get go there will be little mind expansion being in their presence. Just one more podcast I know to avoid. This dude just knows so much about Portland it's amazing. 

 Yep, Rockwood is tough. It's sandwiched between the more expensive markets from Portland to the west and Gresham to the east. You can get a better rent to price ratio there, most likely, but that comes with more requirements from a management perspective. Possibly more from a vacancy, credit loss and maintenance as well. 

Gladstone is a great market. Blue collar, limited supply, good schools, close to the arterials that bluer collar workers require. Plus it's quaint enough and low enough supply to cater to blue collar earners making closer to the 4 member family median income.