All Forum Posts by: Jason Rucker

Welcome Brittany!  Enjoy this site and all it has to offer.  Oh and I can vouch for @Chris Shepard ' s beer brewing skills....good stuff!

Welcome Lauren.

Contact me if you're interested in in anything in the Portland area.

There is lots of fantastic info on this site.  Soak it all up!

Welcome!

Welcome to BP Paul and to the world of Real Estate Investing!

I completely agree with Lisa.  You just have to find the right people.  If you pm me, I may be able to put you in touch with some good people to help you out.

Welcome Aaron.  You certainly sound like you have a strategy in mind.  Learn all you can fro. The people on BP.  There is a wealth of knowledge here for sure.

Hi Brandon. I don't want to discourage you from Portland because it is a beautiful place to live. That being said, the market is fantastic around here if you are a seller. I saw a report this week that says inventory is still low at about 2.8 months supply. That combined with low interest rates and it becomes a hugely dominated seller's market. Flipping homes can be tough and quite competitive (as I am finding out). The competition for any home that will make a reasonable profit is severe. You have to be able to act very fast, usually with all cash offers and no contingencies to even be considered...this is for MLS properties. If you have another source (wholesaler, etc) you may fare a little better. For by and hold properties, it is tough to make things cash flow due to property prices (see all above). However, the vacancy rate is very low for most areas (effectively 0%) so getting quality tenants should not be that hard. I hope this helps and good luck.

Hello @Julie O, welcome to BP.  It's always nice to meet another local investor.

I wanted to reach out to any wholesalers in the Portland, Oregon area.  I am actively looking for potential flip properties and am willing to pay cash for such.  Even if you don't have any current inventory, it's always good to network with local RE professionals, so feel free to drop me a line.

Thanks for the tip Steve!  I will definitely have to try this product.