All Forum Posts by: Mike Nuss

@Max Malcom John Monahan I'm pretty sure you're good until like 9:30, which is when the event venue closes and some people move to the bar downstairs. This is a great meeting for you to come to. We're going to speed cast all kinds of deals we've done and are doing right here in Portland. Stuff anyone can do with a little effort. 

@Kevin Peña I think right now is one of the best times to buy multi fam in Portland as of late, especially since you have the cash position you have. 
With new rent control laws passing, more sellers are coming to the market and demand has pulled back a bit while trying to figure out how to run their proformas. Demand has gone from "paying now" for what "can be" to "not sure what to pay". That's allowed some buyers to make good buys based on current rent. I've purchased 4 multi family properties this year with another in escrow this week. Most of them around the 1% rule, which is almost unheard of in Portland. Feel free to reach out.....happy to help if I can. 

Awesome @Steven Stutzman it will be a good first meeting to attend. See you there. 

@Jake Sandor no need to preregister. Just show on up and register as a guest when you get there. Hope to see you there!

Join the Rarebird Investor Network on Thursday, August 8 at 9 AM for our master class, Wholesaling 101: How to Wholesale with Integrity. Last month, Tyler Combs discussed the pros and cons of wholesaling as a business model. Today, Dane Fitch and Jayson Shrank of Cascade Home Buyers LLC will dive into the processes and best practices of successful and ethical wholesaling. Learn about…

• -Advertising genres and cadence
• -Lists
• -Short sales
• -Negotiating
• -Finding buyers
• -And more!

CE Certificates are available for licensed attendees.

Space is limited, so please RSVP using the link here: http://rarebirdinvestors.com/masterclass/

Our Master Classes are designed as deep-dive educational opportunities for our Rarebird Investor Network Members!

New to the Investor Network? Come and check out a meeting. Your first time is always FREE! OR Join Here: https://rarebirdinvestors.com/join/

Leveraging Multiple Investment Strategies to Maximize Opportunities in Portland

Speaker: Mike Nuss & @Tyler Combs

Join the Rarebird Investor Network for our August meeting where the founders of Rarebird, Tyler Combs and I (Mike Nuss) will offer a peek behind the curtain on some of our recent projects. We will share how we have used multiple models and tools to get the most out of our Portland investments, including how we…

• -Use BRRR to build wealth AND create cash flow
• -Leverage seller financing to build momentum, and lower the barrier of entry
• -Unlock density to unlock cash
• -And recognize expandability and prioritize forced appreciation

In Portland’s current market, there are still incredible investment opportunities – expand your possibilities and get inspired for your next project!

THE EVERGREEN - 618 SE ALDER ST, PORTLAND, OR 97214

Networking begins at 6 PM! Presentation starts at 7 PM!

Your first beer is on the house thanks to our August sponsor, Divine Surface! Additional drinks will be available at our cash bar. Food can be ordered before the meeting downstairs at Loyal Legion. Place your food order at the Loyal Legion Bar, head upstairs to check-in, and the staff will bring your food to you upstairs.

FYI - August's meeting takes place during Portland Burger Week - Loyal Legion will be especially busy. Please consider bringing outside food or eating before the meeting to avoid long wait times.

New to the Investor Network? Come and check out a meeting. Your first time is always FREE! OR Join Here!

Join the RareBird Investor Network on Thursday, July 25 at 9 AM for our master class, Portland’s New Screening Criteria Regulation – What You Need to Know. I (Mike Nuss) will break down the recently passed security deposit and screening criteria ordinances in Portland. We will cover the changes to screening criteria, as well as new operational and income changes. Bring your questions and learn what these changes mean for landlords in PDX!

CE Certificates are available for licensed attendees.

Space is limited, so please RSVP using the link here: http://rarebirdinvestors.com/masterclass/

Our Master Classes are designed as deep-dive educational opportunities for our RareBird Investor Network Members!

New to the Investor Network? Come and check out a meeting, your first time is always FREE! OR Join Here: https://rarebirdinvestors.com/join/

@Jay Hinrichs I think the opportunity here is being able to purchase rental property for the current rent, not the proforma rent, which is what "market value" has been the past few years in Portland. I probably could've articulated that better Monday night. Thanks for bringing this around so I could think on that a bit. 

@Nik Batra right now is a great way to be passive and learn the market while it's figuring itself out. I am a believer that the political changes are creating great opportunity, but it's tough to see that opportunity if you don't have much to contrast that with. Hope to see you at a meeting soon!

@Riley Gallagher I'm glad you made it!

@Jay Hinrichs thank you so much for the kind words, and more importantly your willingness to spread your years of experience and knowledge. We greatly appreciate your efforts!