Newbie in Portland

Newbie in Portland

Portland, OR · Member since 2016 · 2 posts · 2 votes

My husband and I decided to capitalize on the appreciation in our primary residence (yes the market here in Portland is CRAZY right now!) and use the equity to invest in rental property. We can't wait to get started but nervous too!

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  • West Jordan, UT · Member since 2016 · 44 posts · 15 votes
    10y

    Best of luck to you @Cheryl Subasic! BiggerPockets is a great resource for learning the basics of investing. Congratulations on your first property! 

  • Specialist · Rockland, MA · Member since 2010 · 7k+ posts · 2k+ votes
    10y

    @Cheryl Subasic

    Welcome. Fill in the foundation below.

    Check out the Start Here page http://www.biggerpockets.com/starthere

    Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.

    Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice. And you get the benefit of having over 100 past ones to catch up on.

    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). Find them through Google and meetup.com

    Two Great reads, I bought both J. Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbook

    Download BP’s newest book here some good due diligence in Chapter 10. Real Estate Rewind Starting over

    http://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-book

    Good Luck

    Paul 

  • Lender · Happy Valley, OR · Member since 2016 · 10 posts · 7 votes
    10y

    Congrats Cheryl! That is extremely smart! I'm a lender locally in Portland. I would love to connect with you and educate you on how you can make that happen. I don't advise anyone to do that until they're properly educated. But the rewards outweight the risks! Especially in this HOT market.

  • Investor · Newberg, OR · Member since 2016 · 90 posts · 19 votes
    10y

    Welcome!

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