All Forum Posts by: Joe Rudolph
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Post: 1st Portland Investment - ADU or single family?
Joe RudolphPosted
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Hi folks - we’ve been contemplating our first move as investors and in the PDX market the path doesn’t feel very straight forward. We are weighing the options:
- Build an ADU which we can achieve a 1% return right off the bat
- Continue to save and figure out some financing to purchase a separate single family home. We'd hope to employ the BRRR method as properties around here are pricey.
Questions:
-If we go the ADU route how might we be able to leverage it in the following year or two to purchase another property?
-Does going straight for a single family make more sense?
Thanks for your input!