All Forum Posts by: Cody Cox

Welcome to Portland. If I can be of any assistance, please don't hesitate to contact me. Cody Cox President-Northwest REIA

State organizations do not supply a PSA to use in Oregon. I caution just downloading one from the internet. If you don't use a attorney for your documents, I suggest you use a Stevens-Ness form, which meets the requirements for use in Oregon. Www.stevensness.com Cody Cox President - Northwest Real Estate Investors Assn.

Judy Geppert with Lawyers Title. She's on NW 23rd. 503-295-2442. The her I sent you.

Lucas, I am the President of Northwest REIA in Portland. I am happy to answer questions you may have about RE investing in Portland. I also invite you to visit our REIA group. Our website is www.NorthwestREIA.com.

let me know how I can help.

Cody Cox

President - NWREIA

Call Joseph Dunne at (503) 684-4111. Tell him I sent you. Cody Cox President - NorthwestREIA

Ned has the correct citation to the ORS. The key phrase is "when engaged in for another". Since a wholesaler actually has signed a sales contract and has a relative obligation to perform, they are engaging in the activity for themselves, not for another. A Realtor does not have the same obligation; they are contractually obligated to market the home for the seller, or are engaged in for another, thus the rules cited in the original post are pertinent only towards licensing.

At NWREIA, we teach our members the right way to wholesale. Generally, since you can't really market to the open public a house that you do not own or are in title (there is a of variety of opinions on the term "equitable interest" and whether having the property under contract satisfies that level), we teach that you should always open escrow with a small earnest money ($100.00) and complete a home inspection. This demonstrates intent that you would close on the property yourself. Then, you should keep your wholesale buyers to a circle of previously contacted "buyers" and not stray outside of that circle.

Cody Cox - President

Northwest REIA, Portland, OR

Sid, when you get to Portland, look me up. I am the President of NWREIA. We'll get you connected.

Cody Cox

Matthew, I would personally like to invite you to the next NWREIA meeting. If you are not a member, please come to the meeting on June 5th as my guest. Let them know you saw my post on BP and I will waive the non-member fee. Be sure to come introduce yourself to me.

If you have become a member, thank you. But, I still would like you to introduce yourself to me at the next General Meeting.

Cody Cox - President

NWREIA

www.NorthwestREIA.com

Ted, I would like to invite you to the next Northwest REIA (NWREIA) General Meeting held at the Lloyd Center Double Tree hotel on June 5, 2014. Our meetings generally start around 6:30 with networking. We typically have 75 - 100 folks show up for these meetings. This is and excellent opportunity for you to network with other like minded I RE investors from Portland.

Let them know are the registration table you saw my post on BP and I'll waive the non-member registration fee. Be sure you come introduce yourself to me as well. Looking forward to meeting you.

Cody Cox - President

NWREIA

www.NorthwestREIA.com

Lisa, be sure to come to the next Northwest REIA General Meeting on June 5 at the Lloyd Center Double Tree hotel. Let them know at the registration table you saw my post on BP, and I'll waive the non-member registration fee.

Cody Cox - President

Northwest Real Estate Investors Association

www.NorthwestREIA.com