All Forum Posts by: Trevor Emmett

Thank you! I appreciate the feed back.  This gives us enough to look into and that way when he talks to his attorney he can explain what he trying to accomplish.

Hello Everyone!

I have a life long friend that is building a 54 unit apartment complex and is offering preferred shares. Myself and some of his family want to invest but we are not accredited investors. I have heard that you do not need to be an accredited investor to invest in a syndication.  Also, I have no idea where I heard that information so please if you can point me in the right direction I would appreciate it!  (Also, everything is going through a lawyer, I’m just impatient!)

I strongly suggest you pick a market that is not only hitting all your numbers, but also a market that you want to live in!  If there is nothing holding you down in Salem and you feel the call for adventure, I say go for it!  Also, be smart about it.  You will need to get a job in a related field that you are currently in so you can qualify for a loan.  If you hate that idea then consider becoming a real estate agent, inspector, contractor, electrician or anything related to the housing market.  Flipping is great, but very capital intensive and I would not feel comfortable doing that with 20k and no other source of income. Also, if you are thinking of wholesaling I recommend giving it a try before you leave your job.  Door knocking, cold calls, and all lead generation takes time and hard work.  Do not expect a check for at least 90days, if you are so lucky.                                                                                                                                                Also, if you find a cash flowing market with low prices and high rents, I would strongly recommend asking yourself what is going on in that market.  Say it is a small town that is largely reliant on one business and that business is faltering. You may be able to cash flow at the start, but that is not guaranteed forever.  You will want a market with a diversified economy and a place you want to live!!!                                                                                                                                                                                        Pack light, work hard, be kind and you will find your way. 

Hello Joe, I am a Realtor here in PDX and would love to chat sometime about the market.  I love working with investors and I am currently working on converting my primary home into my first long term rental.  

@Kyle O'Donnell I am really not seeing any weakness in the market. Also with the end of forbearance I think a lot of those loans are going to be restructured to avoid another 2008 crises. There will probably be a spike in opportunities but will be sucked up quickly. I have more clients sitting on excess cash than I have clients that are struggling.

Lol, I love this question.  I generally do the following every time I do math in my head.  

(40+20)+(8+7)=75

@Jaron Walling. I love being a real estate agent! It is not for the faint of heart and you cannot do it half time. If you are going to do it, then get at least 3 months of savings (ideally 6). Even if you land a deal day one you are not getting paid for 30 to 45 days. Also, you are not getting a deal day one!

To be a successful realtor:

1.) be seen, be useful

2.) go to work consistently

3.) go to work even if you don’t feel great

4.) define work

5.) take a family day or day off every week

6.) do not be afraid of asking simple or seemingly stupid questions.

7.) work hard until you learn how to work smart

8.) put your clients needs before your fears.

9.) surround your self with the most successful people you can find and/or people that make you a happier more loving person.

10.) take care of your body and mind.

Best of luck my friend

Hello Everyone!

All are welcome to hang out, have a beer, talk about books, habits, goals, self-development, market trends and all those things that average human beings are sick of you talking about! Naturally, this is a Real Estate focused group, but it is glaringly apparent that to master Real Estate you need to master your self and to become a part of a community of support, engagement, trust, and people you enjoy spending time with!

“What should young people do with their lives today? Many things, obviously. But the most daring thing is to create stable communities in which the terrible disease of loneliness can be cured.”-- Kurt Vonnegut

No problem and good luck with the Rehab!

Jared Lazarski 

[email protected]

(971) 777-0447

He is a good guy and does great work.  Not going to be the cheapest option, but will do good work.

Also, Lee has done some minor work for me and he did my roof for my personal home.  He is also reliable, a good guy, but I do not have any experience working with him on larger projects.  He will most likely be less expensive.

Pulaski Constrution

Lee Pulaski

[email protected]

+1 (503) 960-3955

and last but not least:

Andy Eberly Pure Environmental

(503) 569-8425

[email protected]

Don’t let their website throw you off!  They are primarily an odor removal company (cigarette smell, cat urine, dog and all the smells) Pure environmental does it all and they do great work.  

Hopefully that helps!  They will all give you different options, prices and opinions.  These are my current go to people.  Not the cheapest group but they will show up, do the work and be pleasant to work with.