Newbie from Portland, OR

Newbie from Portland, OR

Member since 2018 · 2 posts · 2 votes

Hi BP community,


My name is Josh and I live in the Portland Oregon area. I've been a lurker for a while, and recently my wife has started listening to the BP podcasts, as we are thinking of jumping into the SFH rental market. We've owned one rental before (unintentional landlords due to a move) and loved it, so we are in the process of using Bigger Pockets regularly now as we begin our research.


We are currently focused on the Nashville / Hendersonville / Gallatin area of Tennessee as we have family there who can assist with first hand knowledge, but are exploring all options, and are open to any/all ideas and advice!


Just wanted to say hi and look forward to interacting with the community here.

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Real Estate Agent · Portland, OR · Member since 2020 · 25 posts · 10 votes
5y

Hey Josh! 

Feel free to connect with me and chat on the phone! I would love to be a resource to you. 

See this reply in the discussion

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  • Real Estate Broker · Portland Oregon · Member since 2018 · 14 posts · 3 votes
    5y

    Nice to meet you Josh!

    I am also located here in the Portland area as well and like to stay connected with our local investors/fellow BP followers. I focus a lot on our local market but happy to help analyze numbers and develop strategies for properties outside of the state. 

  • Realtor · Nashville, TN · Member since 2020 · 9 posts · 3 votes
    5y

    Hi @Josh Thompson! Nashville is a booming market for sure! Depending on your cash flow goals, it might be better to look in the outlying markets such as Hendersonville and Gallatin as Nashville prices have increased so much that they are outpacing rental comps. Let me know if you have any questions or need any help in the area!

  • Member since 2018 · 2 posts · 2 votes
    5y

    Ian,

    We have considered investing locally and may end up pivoting if we can't make TN work. Thanks for reaching out - glad to see a local face!

    Caroline,

    We are starting our search in Hendersonville/Gallatin but willing to look outward if the numbers push us that way. Hopeful that Hendersonville/Gallatin will work, as it seems to align well with both short and long term goals. I may reach out again soon with questions. Thanks!

  • Real Estate Agent · Portland, OR · Member since 2020 · 25 posts · 10 votes
    5y

    Hey Josh! 

    Feel free to connect with me and chat on the phone! I would love to be a resource to you. 

  • Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    5y
    Originally posted by @Josh Thompson:

    Hi BP community,


    My name is Josh and I live in the Portland Oregon area. I've been a lurker for a while, and recently my wife has started listening to the BP podcasts, as we are thinking of jumping into the SFH rental market. We've owned one rental before (unintentional landlords due to a move) and loved it, so we are in the process of using Bigger Pockets regularly now as we begin our research.


    We are currently focused on the Nashville / Hendersonville / Gallatin area of Tennessee as we have family there who can assist with first hand knowledge, but are exploring all options, and are open to any/all ideas and advice!


    Just wanted to say hi and look forward to interacting with the community here.

    It's good to have you here Josh!

    • Chad RockeBusiness Member
      Real Estate Agent · Denver, CO · Member since 2021 · 383 posts · 181 votes
      5y

      Hey @Josh Thompson !

      Welcome to BiggerPockets! You have hit the JACKPOT of resources for real estate investors. You can literally find answers to all of your questions within the confines of this site. What’s the best way to get started using BiggerPockets?

      1.Subscribe to the BiggerPockets Money and Rookie Podcasts

      2.Attend the FREE WEBINARS

      3.Attend a Meetup in Your Area / virtual meet ups

      4.Purchase the Beginner Books: How to Invest in Real Estate, Set for Life, The House Hacking Strategy

      5.Peruse the forums! Ask questions! Answer Questions! If you are consistent with learning real estate over the next 4-6 months, you’ll be ready to purchase your first (or next) property in NO TIME!

      Good luck,

      Chad

    • Real Estate Agent · Nashville, TN · Member since 2015 · 2k+ posts · 2k+ votes
      5y

      @Josh Thompson

      What sort of numbers are you looking to hit? 

      Nashville is not the midwest. It's largely an appreciation play at this point. Cash flow is scarce. 

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