All Forum Posts by: Kevin Asgharian

 Jeromy, sorry to hear things are tough. Start with your lawyer. There are things you can and can not do during the process and certain actions can limit you later. A CPA/Finance person will not go there. For instance mine was able to refer me to an actuarial for pension calculations at a lower rate than if i got one myself. Its tough now for sure. I've heard good things about David at https://www.iraadvantage.net/about/about-ira-advantage/

Did you look at Forest Grove?  I've seen some pop up there but nothing that fit my model.

@Mathew Wray  Thank you for your thoughts.  I'm all for safety but seems like the least offender with all PDX offers today in terms of violence.  Did you see though its not just losing 1 lane its going from 4 to 2 unless you count the bike lane :)  

I was reading up on Foster Road Transportation and Streetscape Plan green lit back in 2014.  Looks like the city is still moving forward with it.  I'm curious to know what others are thinking on this, I tried searching the forums but didn't find anything.  I've summarized from their page for those unfamiliar or need a refresher..Link

The Foster Road Transportation and Streetscape Plan prioritizes safety and streetscape elements to transform the Foster Road corridor and its surrounding neighborhoods into centers of vibrant and unique neighborhoods, resulting in an array of benefits for residents and businesses.

The project extends from SE 50th Avenue to the western edge of the Lents Town Center at SE 90th Avenue. Recommended changes to the street and urban design are meant to transform Foster Road from a largely high speed, auto-oriented corridor into a series of interconnected pedestrian-oriented places that are accessible by all transportation modes and support a vibrant mix of businesses and residences.

The Foster Road Corridor contains five district nodes: Gateway District, Western Core, Heart of Foster, Green Link, and Crossroads District.

Spring 2017 Update: The project has incorporated additional funding from the Fixing Our Streets program to add reconstruction and paving of Foster Road between SE 82nd and 90th Ave. By combining the two projects construction coordination will be improved and impacts associated with construction activity minimized. Because the project is federally funded, incorporating the added work requires additional environmental approvals that have pushed the anticipated start of construction in the spring of 2018.

My thoughts-

1. Why "East Portland" when there are many other places needing attention closer in?

2. I've used Foster/Hawthorne many times instead of 205 so their traffic points hit home

3. Looks like the local businesses are pretty mad about it but is that enough to kill the project?

@Anthony Varela Lets chat on this one.  I'm agreed on the above comments and I recently analyzed one like it and that was 60k rehab.  Being down the street, you might be able to put a lot of sweat equity.  Did you consider doing a "subject to"?   

I was thinking 2 trips and 3 months at the worst.  Thank you for putting it in perspective, Jay.   

@Jay Hinrichs

Hi, Looking for help/insight on Land division in NE PDX.  Let me know your thoughts and experience please!

I was looking at a property with an existing home that could easily have a flag lot behind it (link below).  Since I haven't done this before, I was curious what everyone's experience is with the City of Portland and if you would recommend it to someone looking at their first deal.  I've heard in general the city is difficult, frustrating and slow.   The land division process seems straight forward (link also below).

Property in Question

City of Portland Land Division process

Check your fund rules if this is through an employer.  Some specifically limit/prohibit roll over/cash out until employment ceases.  I know mine does!  However, they sometimes offer a limited loan depending on your balance.  Most offer an online portal and  you can log into your portal and look at the section for fund rules.   Or just call your HR rep.  Otherwise, I'd say call a CPA with investment experience and walk through the options.  There are likely tax implications you should consider and many offer a free consult.

Thanks @Steve Milford.  Appreciate the feedback.