All Forum Posts by: Travis Beehler

Retorts of choice:

1 - "I'd rather be lucky than good"

2 - "I make my own luck"

3 - "Thank-you"

I'd tell them:

 THEY are lucky I didn't just let them taste the backside of my hand. 

Seriously though. It's just ignorance. Kind of like when people see someone in a Ferrari and assume it's "Daddy's" money. 

We do the work others won't so we can afford to live like they can't.

Yes, my sister recently used that one on me.

It's akin to the doctor who spends 12 hours in surgery on a heart transplant and when the patient survives, everybody says "Thank God!"  

Hey BP Family - 

This morning BiggerPockets was attacked by what appears to be some kind of network of spammers, including folks from Korea, Hong Kong, Southern California and elsewhere. This may have been a simple spam attack or a DDoS. We're not sure of the intent, but obviously it wasn't positive. 

We've been working to ensure something like this can't happen again, but this is the first attack of this kind we've faced in the 10+ years the site has been around, so we're in the middle of working on countermeasures. We've had many DDoS attacks over the years, but none quite like this.

Meanwhile, I want to apologize to those of you who saw this, and I especially want to apologize to those who got email notifications for these posts.

Please bear with us as we deal with this and if you see something, say something.  Seriously -- just report any accounts that are spamming and we'll nail them.

Thanks for the patience.

Josh

I won't go through with the deal if I can't get it financed for at least 20 years.

Hey @Travis Beehler, I would have to respectfully disagree, and I had a similar experience.  I purchased a property in NE Portland in 2013 for 220 and sold it just over a year later for 285, no improvements.

@Jay Hinrichs could speak with more authority on this, but Portland has the advantage of the urban growth boundary which severely limits development.  There has been plenty of debate about whether it's a good policy, but since 79' the population within it has increased 60%, while the boundary area has only expanded by 14%.  

As Jay mentioned earlier, there are plenty of people that want to have the best of both worlds, living in Vancouver but working, purchasing and doing activites in Portland.

 A very politically liberal environment which frowns on making any changes to that boundary.  

Incredible infrastructure and public transportation, which are very appealing to the millennials and hipsters that are flocking there in droves.  And a cost of living that is low relative to the places they're moving from: New York & California.

I'm not saying there won't be a correction, but as a long term play, Portland is pretty fantastic.

Hi everyone!  

I am from Atlanta, Georgia, but have been living in Asia (currently Tokyo) for the past 7 years.  I and my wife plan to move to the US around the end of this year at which point I'm planning to start a career in real estate investment.  We hope to settle and invest somewhere long term.  I will likely focus on buy-improve-and-hold investments with the goal of building wealth - willing to sacrifice cash flow for equity build-up.  I have a substantial amount of money saved up and am open to various types of properties.  

We are literally looking across the country for the best place to settle.  The states we are most interested in are Georgia, Massachusetts, Texas, Colorado, Utah, Minnesota, California, Oregon, and Washington.  My question to all of you is what REI markets do you foresee having the most stable and robust long-term potential in the coming 5, 10, 20 years? 

I realize this is a broad question.  I have done some of my own research, but I would really like to hear what some currently active investors have to say.