All Forum Posts by: Dean Teter

As far as I've seen, all the REI groups are in/ around Portland. I haven't seen much activity in southern Oregon.

Good feedback, thank you. 

I have seen BLU homes and they are nice, but they are not cheap. As my primary residence I might consider them, but not for an investment property. I guess I'm asking this question as far as implementing an investment strategy. I once read somewhere there was young investor from the mid west that purchased raw land, had a single wide or double wide placed on the land; refinanced, rented or flipped it and did very well for himself. However, I am no expert when it come to purchasing raw land, or all the different facets of developing that land so I was just curious. 

With the feds raising the interest rates its all speculation at this point. 

For whats its worth, I've done business with USAA as far as banking goes and it was a nightmare. If you live near their HQ they are much easier to deal with, but being so far removed from their HQ I found nothing but issues; especially as it relates to accessing large sums of money from any of your accounts. 

I recommend them for insurance, not so much for banking. I have zero experience with them as it relates to financing with the exception of auto loans. 

BAH is an amount given directly to the service member, the amount they received is based on several factors like the area (each zip code has a different rate) and whether the service member is married or has children, and their rank. 

My old duty station had one of (if not the highest) BAH rate in the county (San Francisco) and I think we got somewhere between $1,900 to $2,400 depending where in the bay area. 

I'd do some research to determine what a single person, rank E-4, in the area of your rental to get a baseline or general idea: 

http://militarybenefits.info/2016-bah-basic-allowa...

As far as renting to military members themselves, your experiences will vary as your target tenants could be a responsible 37 year old with 20 years of military experience (and discipline) or an 18 year old kid who is going to do what anyone his age would. 

I'm relocating to southern Oregon and I noticed RE prices are a far cry from the San Francisco bay area where I was born and raised. However, some of the motivation for moving is to relocate to an area where I can purchase land and eventually build on it. 

With that said, as an investment strategy is something like that advantageous? I imagine it can be difficult and complex given factors like zoning, septic tanks, wells, and a plethora of other things I have zero experience with. 

Any insight would be appreciated as I try to make sense out of what kind of investor I want to be when I grow up, lol. 

Values in the north bay and rental income vary greatly from city to city based on several factors; west county of the north bay comes to mind. What city is the Victorian located in?

Wow, that's awesome. Good for you!

I don't know what I would do. I would most likely listen to the Podcasts here on BP and listen to the experts to see what would be the best next move.