Happy Valley, OR · Member since 2015 · 21 posts · 15 votes
Hi BiggerPockets!
I was referred to BP by a friend/client and am enjoying the podcasts and webinars. I've been a licensed real estate broker in the Portland market since 2005 and have owned rental property since 2003. I'm anxious to get back to investing for myself again. i appreciate the opportunity to share ideas and learn from others in a community environment. I'm looking forward to getting acquainted with like-minded people. Cheers!
Real Estate Agent · Social Circle, GA · Member since 2015 · 116 posts · 53 votes
11y
Hello and welcome Jeff! I live in Happy Valley as well! I'm a complete noob tho. Just spending my days and nights reading and listining to podcasts and getting educated. I'm actually looking to buy a duplex or triplex as my first piece of real estate. I want to do the whole rent half and live in the other half deal. It seems like there's not very much available tho. As a real estate broker, do you have any advice?
Happy Valley, OR · Member since 2015 · 21 posts · 15 votes
11y
Hi Sergiu,
I'm a big advocate for writing goals down. As you consider the opportunity to invest in real estate, make a list of your initial goals and work through them. Hopeful many of those goals pertain to taking steps toward your first purchase. Find a realtor you are comfortable with and knows the market well. Research the market yourself so when the right deal appears, you and your realtor can move fast to lock up the deal. Given the low inventory in our market, readiness is very important. See you around the HV!
Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and rehabbers (cash buyers).
Investor · Portland, OR · Member since 2014 · 146 posts · 101 votes
11y
Good to see you on here, brother. Be sure to set up your keyword alerts too. I get on once a day and check those out. Also, start following threads you like. You'll get a lot of good information out of them.
Real Estate Agent · Social Circle, GA · Member since 2015 · 116 posts · 53 votes
11y
Thanks for the advice Jeff. I've hooked up with a younger principal broker who owns a duplex and he's also looking to flip a few houses. He recommended a mortgage broker who works with investors. I met up with that mortgage broker and got pre-approved. Any other steps you would recommend in getting prepared for that first deal?
Investor · Oxnard, CA · Member since 2015 · 25 posts · 4 votes
11y
Hi Jeff,
If you are interested in what is commonly referred to here on BP as "house hacking", I highly recommend you reading "investing in duplexes, triplexes & quads" by Larry Loftis.
Good luck and take action!!
Vince