All Forum Posts by: Tanner Ueland

This is a great way to think about it, stepping in to the sellers shoes rather than focusing on the buyers side only. Thanks for the info Thomas, Ill definitely keep this in mind!

Hey BP Community, 

This is more of a question for agents but if you have any insights any help would be greatly appreciated. 

In this market where sellers have all the power in the world and buyers are struggling to win properties, how are you getting creative with your offers? My clients are continually being beat by other offers that have lots of intriguing aspects, i.e. (buyers covering seller closing costs, waiving inspection period, appraisal gaps, large down payments, etc..) 

I am wondering if you agents are advising your clients to do these things/any other ideas that you are getting creative on that can make your offer stand out to the sellers. Looking forward to hearing what everyone has been trying. 

Happy Friday Everyone!

@Nick C.

Agreed

Hey Jeff, 

3k for staging a duplex sounds like a great deal IMO! Virtually staging is a good way to have a nice online presence but I don't recommend it, better bang for your buck to actually stage it nicely so that the in-person showings are more attractive. 

Thanks and let me know if I can be a resource for you!

Hey Wilson! 

Join us this evening at 6 PM for a virtual hang out and education course! WIN (Westside Investors Network), is a monthly meetup with a new education topic and we are hosting one tonight! Ill shoot you a message and give you more details on it!

 https://olis.oregonlegislature...

Hey Ciarragne,

I assume you are talking about House Bill 2238, in which I understand where you are coming from, but I doubt handing over your property to the government is ever going to come to fruition.  In my opinion, It allows the governor (for example) to order someone hoarding medical supplies to turn them over, something the federal government can do anyway, and unless you have 2 million masks, it probably won't happen.

It gives the governor the ability to direct resources to needing communities without a state congress vote during the emergency, letting us move vaccines to counties that are having high infection rates.

And, it limits the powers given to "within the scope of emergency management" meaning the powers can ONLY apply to the emergency that has been declared.

Just my 2 cents on that proposed bill. This type of stuff comes before the house a lot of the time and rarely even makes it to the floor to vote. 

Bigger pockets is a great way to find local vendors/handymen. 

I would go to local forums and post on there describing your situation. Word of mouth is a very good way to find good vendors. 

@Karla

Hi!

I manage a 42 unit complex in Portland, OR. This year was definitely different. We completed construction in February of this year right before COVID hit. It has been a tough lease up and I’ve definitely learned from it.

Is your complex new or has it been there? Occupied or vacant?

My best tips if it is new, is to be flexible with your rent prices. Getting people in the door is more important than anything else. Being a little flexible on rent prices is much more beneficial than sitting on a vacant unit for months on end.

Organization is key, make sure you have all your tenants contact info and anything else somewhere on your computer that you can easily access.

Thanks and look forward to chatting more!

Depends on situation, but right now for me, I would rather have 10k monthly passive income. I am wanting to grow my portfolio so that I can keep working up that passive income. 1 million would be nice right now, but I think 10k a month in passive income would serve me better in the long run.