All Forum Posts by: Mike Nuss

@McKenan Steinbeck our (RareBird Investor Network) meetings are on the 2nd Thursday of the month, which means we're not far away from our November 8th meeting. 

We're also planning on hosting a BP meetup here soon as well (no real agenda, just hosted networking). I'll be posting details on that in the next few days. 

@Mathew Wray

@Mathew Wray thanks for the shout out!

@Everett Hill definitely. 

Thursday November 8th. Networking starts at 6:15pm. Presentation starts at 7:00. Networking again from around 8:30ish until they kick us out (usually around 10:00). 

We are upstairs in the private event space at Lucky Lab, 7675 SW Capitol Hwy Portland, Oregon 97219

I look forward to meeting you in person!

Join us for an investor happy hour hosted by RareBird. Enjoy networking, drinks, and light snacks. We can't wait to meet everyone! 

Join the RareBird Investment Network on November 8 and learn about Opportunity Zones, the capital gains incentive buried deep in the 2017 Tax and Jobs Act. Come and find out the why, how and where you can get special capital gains tax treatment for investing in these designated communities. RareBird's own Mike Nuss will dive deep into the details and explore ways to use this new tool to benefit you and your community

Networking begins at 6:15 PM and the presentation starts at 7:00 PM.

The RareBird Investor Network meets on the 2nd Thursday of every month at to discuss the topics related to real estate investing. New to the Investor Network? Come and check out a meeting, your first time is always FREE!

Hi @Roong K. 

We do make a recording of the event available to members through our website. We also live stream the meetings for members as well. 

Let me know if you would like to get more details. Our next meeting in November will be a good one as well. I'll get it posted on BP soon. 

Thanks!

@Scott Morongell that's some great advice. 

@Kelvin Lee would love to know how that turned out. 

Join the RareBird Investment Network on October 11, as Christian Kaylor, Workforce Economist with the Oregon Employment Department, as he returns to share the latest U.S. Census data with a special focus on the Portland market. Christian will examine the drivers behind Portland’s spectacular growth and widening income inequality with an eye toward what Portland’s unique economic structure may mean for the future.

Networking begins at 6:15 PM and the presentation begins at 7:00 PM.

The RareBird Investor Network meets on the 2nd Thursday of every month at to discuss the topics related to real estate investing. New to the Investor Network? Come and check out a meeting, your first time is always FREE!

@Laura Young I agree with your thought process. Assemblage is a great strategy. It's just very important that the R7 assembly happens within close distance to R2, in order to get the zoning change. That's what planners will do......look at the nearby vicinity to see if the zoning you're wanting to change to is already in existence. In fact, there is a distance requirement as part of the "criteria" they review when making a judicial decision. Also, cost for a plan ammendment is around 20K at the city level....a planner would be helpful as well, which is another 5-10K depending on the project. 

Take a look at this portlandmaps link. The blue dotted lines are "underlying lots of record" and the title 30 zoning code has a special section dealing with "lots of record", "adjusted lots" and "lot remnants". 

https://www.portlandmaps.com/detail/assessor/5734-NE-27TH-AVE/R190185_did/

In regard to the cluster housing....are you referring to Eli Spevak's projects? I thought he was working in an R1 or R2 zone, with larges lots and went the Planned Development route for approval (density increase without a land division). 

@Maxwell Murphy I'll echo what others have said, especially @Mathew Wray. 

Another way to think of it..... $300 month return on a 20K investment is a 18% return. That's not too bad. 

@Jay Hinrichs lol, give me that phone call next time. I'll be happy to give you credit in perpetuity.