All Forum Posts by: Angela Venger

Hi David, I'm happy to hear that you're starting your investment journey. As you said, it's difficult to find multifamily homes now, but it's not impossible. I've seen two deals this month, both of which are duplexes, and they are turnkey! Happy to connect and chat more!

Hi Mike, I'm a local here. I understand what you're saying; it's very challenging to find cash-flow investments now, especially in the Beaverton and Hillsboro areas. Are you interested in other cities in Oregon, perhaps within a two-hour drive? I currently have two investment properties in the Oregon Coast and Central Oregon regions, and I'd be happy to chat and answer all your questions if you're interested.

we are looking the same in Oregon!

Can someone recommend a real estate experienced CPA and a cost segregation firm in Oregon? Many thanks!!!!

I think you should continue to rent. At least you have an asset now, after you sell your duplex and buy a house for yourself, you will lose your asset and get a liability. Just keep saving and have your renters to pay for your new home.  

Hi Austin, can you give more info on your background? Like where are you working/study? Do you have full time job or part time job? Which city are you at? Do you rent or own a property? I know you might not be comfortable to share much, but I think the more share about yourself, the easier for people to give you more useful advice. 

Hi Kevin, I am happy that you want to move to your next property! Looks like HELOC still is an option in this current market, but always keep in mind that you need to have some cash in this unstable market, in case real estate gets cheaper so you could snap a good deal. As long as you have cash for day to day living, emergency fund up to 6 month, I would say do whatever makes the most sense for your financial need, and do not over stretch yourself.

No, never do business with friends, sometime even family members.

The cash on cash return is about 11%, it's not too bad. But I think you can do better if you are planning to spend $180k. However, this property is in California, so it has lots of potential in the future. If you only want to invest in orange county area, I think this is a good project!

I would say all options are good, but choose one with higher cash flow after paying your mortgage and HELOC. Build your portfolio first, and then do the most desirable projects later.