All Forum Posts by: Say Teoh

@Victor Tran Hi, I am an investor in Portland and love to chat real estate. Lets connect and let me know how I can help. I am also a realtor and hang my license at Rarebird Real Estate. I also encourage you to check out investor lab where there are a bunch of helpful local investors.

2 Votes

Originally posted by @Jay Hinrichs:

Originally posted by @Steve B.:

@Jay Hinrichs how can you not know Chloe Eudaly? She was the driving force behind turning Portland into one of the worst city’s for landlords almost singlehandedly during her time on city council. Her replacement, Mingus Mapps isn’t good but he was endorsed by all the landlord lobbyists only because, unlike Eudaly, his sole stated mission and effort wasn’t focused on bankrupting all landlords.

B/C I don't own any rentals in Portland so dont follow rental policy other than the big issues I read about.. I have done some flips in Portland and built few new constructions.. the Juice is simply not worth the squeeze. They are horrid for the small developer. the city that can / cannot in my mind.. I have litteraly built 20 plus homes in Canby in quicker than I have gotten two building permits through PDX and I still dont have them been over a year.

Thats why flipping in Portland is hard now. I like to do the flips the right way with all the permits, but when it takes 2 months just for the city to review your plans... it is not really worth it. I am seeing some flips showing up with no permits...

0 Votes

My new personal favorite is Beaverton. I think the city is very pro business and it is booming! It is close to Portland, but far enough from all the craziness. Not sure if it is suitable for retirement, but I would buy rentals there all day long IF they are not selling for crazy prices now.

0 Votes

@Alex Mora Welcome! Real Estate Investment is not easy, but also not that hard. There is alot to learn, but luckily there are many that are willing to teach and share as well. I am an investor and a realtor, lets connect!

0 Votes

@Tyler Baltus @Benjamin Kirkpatrick I am an investor in Portland Oregon, lets connect! Its true Portland is expensive, but still cheaper than most major west coast cities. Cash flowing properties are still doable, just have to look alot harder than some other markets (ex, off markets deals). 1% is rare, almost always you need do some value add work to increase the rent to achieve it.

1 Vote

I flips houses, and EVERY SINGLE one of them has rat carcasses either in the crawlspace or attic, and ofcourse their poop.

0 Votes

Portland, Oregon

@Jeremy Barren @Daniel K. Kim I am a investor in Portland Metro area, also a realtor with Rarebird Real Estate. Lest connect and chat real estate investment. For networking and learning, be sure to check out Investor Lab (Used to be Rarebird Investor Network).

0 Votes

Congrats Miho! Should have an opening party when this COVID19 is over.

1 Vote

Hi Crystal:

I am at Bethany area and active investor. Would definitely open for coffee once the shops open up. Thanks

Say

1 Vote

All Forum Posts by: Say Teoh

Say Teoh has started 6 posts and replied 81 times.

Post: Top counties for a wise long-term investment

Post: Aspiring Investor Looking to Network

Post: Pacific NW Retirement real estate purchase

Post: Pacific NW Retirement real estate purchase

Post: Portland, OR. New Investor learning the ropes !

Post: New Investor - Portland, Oregon

Post: Anyone notice rats in Portland Oregon?

Post: New Member and Future Investor in Vancouver/Portland Market

Post: My first deal turned out to be a business investment

Post: Anyone located in the Portland Metro Area?