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Updated about 9 years ago on . Most recent reply

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14
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9
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Sherry Potwora
  • Investor
  • Clackamas, OR
9
Votes |
14
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Newbie in Portland, Oregon

Sherry Potwora
  • Investor
  • Clackamas, OR
Posted

I'm brand new to this although I have been wanting to try it for years!  I work full time so I'm hoping to find a buy and hold and go from there.  I'm open to ideas, tips, suggestions, mentoring.  I'm having a hard time finding deals in this hot market - I'm getting outbid on retail deals and all cash buyers are buying up all the rehabs.  How do I find a deal? 

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25
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10
Votes
Robert Klisak
  • Oregon City, OR
10
Votes |
25
Posts
Robert Klisak
  • Oregon City, OR
Replied

Hi sherry! Welcome! Portland is super hot but I would recommend finding a solid duplex in the suburbs or east Portland. I have a client that is purchasing a duplex in Gresham for around $235k. the trick is to just make sure it cash flows. You're bound to get the appreciate in the long run.

I have two duplexes in Oregon city and they both cash flow and are ripe for appreciate. Especially once the blue heron project gets under way.

Let me know if I can help in any other way!

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