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25 February 2019 | 4 replies
The City of Portland has instituted relatively tough rent control laws and the state legislature is considering similar measures for the entire state.
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16 February 2019 | 3 replies
To take a stab at #3, I'd say the one thing a regular REIA meeting needs is content that the members find valuable - WITHOUT trying to get members to buy anything.It sounds like a simple answer, but very often you will have investors of various experience levels, so you have to understand your members and cater to their needs.It seems like you get (or, we seem to get) around 60% new people, 30% intermediate, and 10% advanced/full time investors, at our meetings.So naturally, much of our meeting content (presenters) is aimed at beginners, but we try to include enough medium level content to keep the medium & advanced people interested enough to keep coming back, and also to give the beginners an idea of the next level they can grow towards.It seems like our group has had challenges with advanced presenters/material as it seems too leave too many of the new/medium level investors out, so typically what I've seen happen is that the advanced people identify each other and then meet in small groups or network with each other individually, using the REIA to stay in touch and make new individual connections.I'd also recommend you try to recruit some people early on when you start, to help you with everything as I think these kinds of groups can grow quickly and the more help you have, the better!
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11 May 2019 | 2 replies
In March I can proceed with foreclosure measures and right now I am looking for an attorney.
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18 February 2019 | 18 replies
Originally posted by @Alexander Felice:I haven't been doing this too long, but to me (which I know is anecdotal) it seems there is a distinct increase in mania.I think real eatate agents in particular are in a great position to measure the mania of a market.
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15 February 2019 | 7 replies
On the other hand, If my aim is to keep my current tenants, My thoughts are to increase the 2 bedroom rent to $1400 without renovating completely, I may offer to paint the apartment and throw down new carpeting in the bedrooms.
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24 February 2019 | 15 replies
I aim for 1 percent or better.
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23 February 2019 | 32 replies
I plan on managing myself, just including the 8% as a conservative measure.
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19 February 2019 | 5 replies
Anyway - here is my list right now: (It's really more of a baker's dozen)Buy and Hold Forever by David SchumacherThe Book on Managing Rental Properties by Brandon and Heather TurnerThe Book on Tax Strategies for the Savvy Real Estate Investor by Amanda HanThe Book on Investing in Real Estate with No (and Low) Money Down: Real Life Strategies for Investing in Real Estate Using Other People's Money by Brandon TurnerLong Distance Real Estate Investing by David GreeneThe Book on Rental Property Investing by Brandon Turnerwilliam t nickerson how I invested 1000 and it became 3 million (or something like that)the art of the side hustleStart Small, Profit Big in Real Estate: Fixer Jay's 2-Year Plan for Building Wealth - Starting from ScratchBuilding Wealth One House at a Time (this is a plan to retire in 10 years with 10 properties)The Unofficial Guide to Real Estate Investing by Spencer StraussWhat Every Real Estate Investor Needs to Know About Cash Flow… And 36 Other Key Financial Measures by Frank GallinellThe Book on Estimating Rehab Costs by j scott
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18 March 2019 | 30 replies
What is a good cash on cash rate that people are aiming to get?
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27 February 2019 | 5 replies
I just stumbled across this little app called ARPlan 3D that allows you to stand in a room, and create a digital 3-D model/floorplan with measurements.