All Forum Posts by: Mike Nuss

Hi Peter

Lots of good advice on here. Portland has a lot to offer. As Jeff S mentioned investing in Texas for cash flow may be a good idea. Portland is an "appreciation" market rather than a "cash flow" market as we're seeing cap rates in the 4s and 5s. You can find 6+, but they'll be located in less desirable areas with higher vacancy rates and management head aches. All of our hold properties are "seller financed" deals where we were able to substantially increase cashflow through management and repairs. The local REIA is a good way to meet investors. The vancouver market has a free goup called REVIN. There is a new club in Portland as well; RareBird. Check them all out. They're the 3 main groups in this area.

Happy Investing,

Mike