All Forum Posts by: Spencer Wells

I would love to hear the feedback of buy and hold rental property owners in the Southern Oregon area.  Doing my research and running a number of analysis of multifamily properties available around the area, the numbers seem to pencil out well.  You can get a fourplex in the range of 250-350k.  I am seeing cash flows of around $500-800 per month, and has high as $900.

The only thing that concerns me is the economic growth of the area.  The main industries are healthcare and small business, and I am worried that finding quality renters is going to be an issue.  If anyone has quality economic data on the Southern Oregon area, please share link or info!

I would love to share my analysis with a more experience investor.  I have made an excel proforma that is similar the BP calculator and allows me to plug in some very detailed numbers regarding maintenance, insurance, CapEX, vacancy rate, etc.

Look forward to hearing the comments! 

I am looking into purchasing a couple of Apartments in downtown Portland. I am interested in speaking with other REI who have purchased properties around the area and what their experience has been. Anybody share contact info for brokers or real estate agents. Specifically looking around 23rd St. area.

Let me know your thoughts.

Hi All,

My name is Spencer Wells.  I grew up and currently live in the Los Altos/Palo Alto area.  I am very interested in learning how to get into income property investments, buy and hold techniques and financing, and creating proformas to manage and predict cash flows.  I am a very outgoing person and love to connect with other in the local community!