Seller concessions are possible now that the market is no longer the wild west.

If you are ever looking to invest in multifamily on the west coast, you know where to find me for info.

Additionally, there's really not any properties on the east coast that have seperate water meters on 4 or under units. 

We live out west, too, and vacation in Bend often.

You could sell this one and buy houses in the mid-west that are sturdy and don't have insane insurance costs. 

Testament to the strength of the Oregon Coast market and that there are incentives for very well qualified borrowers & quality properties. 

G'Day guys,Lately, I've been super duper pissed off with our investors that I decided to keep all of the deals for myself 🤷‍♂️I've always preached that there is not a single deal that we sell that I wouldn't be willing to keep for myself.So there's that lolJust picked up a 6 unit which us humble Ohio folk would consider an A class area (Sorry East and West Coasts as our A class is your Z Class lol)$160,000 purchase price$50,000 rehabCurrent rents are $3,000 per monthOptimized rents will be $4,000 per month.BPO before purchase $220,000 - $250,000ARV $350,000ARV with interest rates at 6% potentially $400,000+Cashflow = S#%$ load $$$Granted, it took 4 months to get the contract signed and we had to go to McDonalds 4 times to meet with the seller so sign each page individually single time lolYep, it was one of those.All in all, great deal and they are definitely out there.Working on another one now that will be converted into a duplex and is located in a top notch school district.Somehow picked this one up for $20,000 and needs $45,000 in rehab.ARV is $110,000 conservatively Combined rents will be $1,300pm.Ohhh yeah, almost forgot.Also, picked up a SFH from a wholesaler believe it or not for $20,000 that after inspection needs around $15,000 in rehab.ARV all day long is $80,000.Says WHO there aren't any good deals???

These investors connected with me from out of state early last year 2023, and 90 days later were operational in Florence Oregon with their first STR and dream walk to the beach Oregon Coast vacation rental.

Sam - I work with a lot of east coast investors.

We purchased an ocean front 4 bed 4 bath condo on the Space Coast of Florida 4 years ago for $620,000.