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All Forum Posts by: Andy O.

Andy O. has started 4 posts and replied 15 times.

Post: Happy with 1% return

Andy O.Posted
  • Real Estate Investor
  • Portland, OR
  • Posts 15
  • Votes 2

Thanks for the feedback, BofI Federal Bank looks good.
Even has mobile app with check deposit.

Post: Happy with 1% return

Andy O.Posted
  • Real Estate Investor
  • Portland, OR
  • Posts 15
  • Votes 2

For commercial loans, some lenders want to see a seasoned down payment. Any good recommendations for banks with business accounts that return close to 1% on $500k? Personal accounts for online banks seem to offer better rates, but would prefer to not shuffle cash around too much.

Post: Hi BiggerPockets - from Portland, Oregon

Andy O.Posted
  • Real Estate Investor
  • Portland, OR
  • Posts 15
  • Votes 2

Jeff S. - Coffee sounds great.

Post: Hi BiggerPockets - from Portland, Oregon

Andy O.Posted
  • Real Estate Investor
  • Portland, OR
  • Posts 15
  • Votes 2

Thanks for the welcome guys.

I like close to the city, but will probably go a bit farther out for multifamily - looking for a 15-25 unit range and not many come on the market.

Post: Hi BiggerPockets - from Portland, Oregon

Andy O.Posted
  • Real Estate Investor
  • Portland, OR
  • Posts 15
  • Votes 2

Hi,
Thanks to everyone who make up this community. I have been exploring the site for a while, and getting great value out of searching for topics of interest. It is hard to find topics that haven't been covered in depth. But joining now to hopefully build my local network and continue my real estate education.

A bit about me - full time engineer, 5 years of experience self managing properties, currently own 5 single families in Portland with ok cash on cash returns. Current focus is moving equity into an apartment complex to increase return on capital and eventually replace a paycheck.
thanks
-Andy