Hello all,

I am a new real estate investor with one active and successful rental in inner Portland. I love it, and it's great, but I have wanted to get my hands messier with taking a more distressed property and improving it, and gaining the resulting equity. I am not completely new to this, I have worked extensively on my own home and know the basics of home repair, construction, etc, but I am by no means a skilled tradesman. I am certainly not well acquainted with new construction.

The one thing I do have is money, and an itch to do something on the side. So, with the usual bravado of a new real estate investor, I bid on and successfully got under contract a lot in inner eastside Portland. It's near a bunch of hip new condos, apartments, and restaurants, and I knew it when I saw it that it had good potential. I live in the area and know where it's going. I'm definitely an intuitive investor. All my real estate purchases thus far have been a series of showings where the feeling is not good, and then suddenly I see it and I want it. Well that's how it was with this lot. I saw it and I wanted it and new I will soon have bought it.

But that being said, now I have to figure out how actually to construct units on it, and to do it in the most cost efficient way possible. I have my financial models made from other developers I know who seem to have more experience, but I always think it's best to get the widest array of opinions possible. 

So with that being said, if you have experience in real estate development, and want a free coffee or lunch, please reach out. I want to talk to as many people as possible to figure out how I can avoid common mistakes, build a good product, and be successful in this venture. You really have nothing to lose on this offer. Anyone with any experience or relevant professional background, please come at me!