New Owner of Multifamily in Salem, OR

New Owner of Multifamily in Salem, OR

Rental Property Investor · Irvine, CA · Member since 2016 · 24 posts · 4 votes

Hello Bigger Pockets community,

We recently inherited some multifamily property up in the Salem, Oregon area (we live in Southern California). Been spending the last year getting educated and learning as much as possible, including listening to tons of BP podcasts! 

Our goal right now is to spend approximately a year simply being an owner, learning the game and getting a feel for the flow of things, then expand to double the net income within 5 years. I think it's possible with some smart planning and good advice.

The show and this site have been extremely valuable to me in my crash course and I look forward to being part of the real estate investing community in the years to come.

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Professional · Salem , OR · Member since 2014 · 44 posts · 10 votes
9y

Congratulations! I work for a private owner and manage his 500 units in NE Salem. Let me know if I can be of any help :) 

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  • Professional · Salem , OR · Member since 2014 · 44 posts · 10 votes
    9y

    Congratulations! I work for a private owner and manage his 500 units in NE Salem. Let me know if I can be of any help :) 

  • Chris BlackburnPro Member
    Developer · Salem, OR · Member since 2014 · 193 posts · 110 votes
    9y

    Jeremy,   We have a bit of Multifamily in Salem.  Let me know if you need any help.  I live and work here and have a passion for RE.  Chris  NWR/Clutch

  • Professional · Carlsbad, CA · Member since 2012 · 12k+ posts · 1k+ votes
    9y

    @Jeremy Seely

    Welcome to Bigger Pockets. Make sure to read the Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing

  • Shawn AckermanPro Member
    Real Estate Entrepreneur · Mid West, East Coast · Member since 2015 · 3k+ posts · 1k+ votes
    9y
    Jeremy Seely Welcome to BP!! Persist and you will win my friend! Best of luck
  • Rental Property Investor · Irvine, CA · Member since 2016 · 24 posts · 4 votes
    9y

    Thanks all, especially @Chris Blackburn! I'll look you up next time I'm up there.

  • Rental Property Investor · Irvine, CA · Member since 2016 · 24 posts · 4 votes
    9y

    And @Walter E. too

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