Is anyone investing in Kelso/Longview/Kalama?

Is anyone investing in Kelso/Longview/Kalama?

Investor · Ridgefield, WA · Member since 2016 · 31 posts · 30 votes

I live in the general area and have been watching Zillow closely for the past couple of months. I have seen a couple houses flipped in the area and I was curious if anyone on BP is behind it?

I am just getting into real estate but work for a company that helps real estate investors generate leads online. I have generated a few motivated sellers leads myself but really need to focus if I am going to make this work. 

I am looking to meet up with local investors who are buying in the Kelso, Longview, Kalama area and grab some coffee and talk about your experiences in these markets. I would be happy to share some data our software has collected so it's a two-way convo. 

Send me a note on here if you are interested in meeting up. 

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Investor · Longview, WA · Member since 2015 · 94 posts · 176 votes
8y
@Jay Hinrichs majority of my renters are Californians that moved up here to work in Portland. I thought the commute would be a little far but they've been fairly long term tenants and seem okay with it. I agree with the overflow sentiment!
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  • Ridgefield, WA · Member since 2013 · 60 posts · 20 votes
    8y

    I haven't really looked in the area although I am actively seeking REI in other states at the time. Seems like Longview area is being impacted pricewise by the Portland Market. Additionally, Ridgefield is being assaulted with new houses and townhomes to the extent I am not sure rentals in Longview/LaCenter would be a good investment. In 5 years, maybe. 10 absolutely.

    That being said, I have funds in place and am ready to look at deals.  Let me know if you have any joint deals you would like help with.....

    Oh yeah, and on fixers, Subs are so high priced right now and very hard to secure for little one time projects, that is a risk that needs to be addressed.  

    Good Luck

    Patrick

  • Investor · Longview, WA · Member since 2015 · 94 posts · 176 votes
    8y
    Hi Alex, I invest in the area and would be interested in connecting.
  • Investor · Ridgefield, WA · Member since 2016 · 31 posts · 30 votes
    8y

    @Alex P. Awesome. I sent you a direct message and would love to connect. 

    @Patrick Hall Thank you for the response. I wanted to see if I understand what you were saying about Ridgefield's impact on Longview. Is your thinking that because Ridgefield is booming with new builds renters aren't going to want to go up to Longview but would rather live in Ridgefield?

  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    8y

    I hear things have perked up there with the PDX over flow.. I have a house in Cathlamet I will sell you !!!

  • Investor · Longview, WA · Member since 2015 · 94 posts · 176 votes
    8y
    @Jay Hinrichs majority of my renters are Californians that moved up here to work in Portland. I thought the commute would be a little far but they've been fairly long term tenants and seem okay with it. I agree with the overflow sentiment!
  • Engineer · Portland, OR · Member since 2014 · 1k+ posts · 1k+ votes
    8y
    Patrick Hall if you look at the general appreciation over the last year in Longview, including rentals, I don’t think you would be doing anyone a favor “waiting 5 to 10 years”
  • Engineer · Portland, OR · Member since 2014 · 1k+ posts · 1k+ votes
    8y
    Jay Hinrichs is this house going to Be the Next one you give away in A BP contest? Unless portage along the Columbia inlet picks up, or they bring back the olde thyme steamboat tours I often wonder what’s going to become of these old port towns. Although, who knows, Aberdeen is now rated as some wonderful , fast-growing retirement town for Seattle burn outs
  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    8y
    Originally posted by @Steve B.:

    Jay Hinrichs is this house going to
    Be the Next one you give away in
    A BP contest? Unless portage along the Columbia inlet picks up, or they bring back the olde thyme steamboat tours I often wonder what’s going to become of these old port towns. Although, who knows, Aberdeen is now rated as some wonderful , fast-growing retirement town for Seattle burn outs

    its a familial property.. was owned by my wifes grand parents my wife is 4th generation from Puget Island.. And no I don't think there is much hope for major rebounds.. although some tourist trade and local farmers and such.... Boy I looked at Abeerdeen hard back in 05 06 is was dead and dying.. not sure whats happened since.. but I loved flying into that little airport there and having my 100 dollar hamburger but then the restaurant closed.. the approach was over the bay very cool  then I would take the long way home and fly up the coast to the Straight and wrap around to the peninsula go over Crescent lake   then shoot down West of the SeaTac Class B and back home.. fun way to burn avgas. scenery off the charts.. 

    I have a new plan on the house give away standby for 4th of July launch.. !!!

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