All Forum Posts by: Tyler Combs

Join us on Thursday, January 23 at 9 AM for our master class, Critical Path to Land Development. Doug Swafford with Ticor Title will walk you through the land development process from acquisition to final plat. In this class, you will learn…

• A comprehensive overview of the land development process
• How to identify local zoning codes
• Zoning definitions & jurisdiction
• Various resource tools
• All about platting including time frames, types, and expectations

CE Certificates are available for licensed attendees. 

Space is limited, so please RSVP using the link here: http://rarebirdinvestors.com/masterclass/

Our Master Classes are designed as deep-dive educational opportunities for our Rarebird Investor Network Members!

New to the Investor Network? Come and check out a meeting. Your first time is always FREE! OR Join Here: https://rarebirdinvestors.com/join/

PDX Economic Report

Speaker: Christian Kaylor

Come out and join us for our first meeting of the new year when Christian Kaylor, Workforce Economist with the Oregon Employment Department, returns to the Investor Network to share the latest U.S. Census data.

THE EVERGREEN - 618 SE ALDER ST, PORTLAND, OR 97214

Networking begins at 6 PM! Presentation starts at 7 PM!

Drinks will be available at our cash bar. Food can be ordered before the meeting downstairs at Loyal Legion. Place your food order at the Loyal Legion Bar, head upstairs to check-in, and the staff will bring your food to you upstairs.

New to the Investor Network? Come and check out a meeting. Your first time is always FREE! OR Join Here!

Join us on Thursday, January 9 at 9 AM for our master class, Calculate to Accumulate: Advanced ROI Analysis. Michael Hironimus with Duckridge Realty will introduce advanced deal analysis concepts helping you accurately calculate your investment returns. You will leave with a knowledge of…

• Internal Rate of Return (IRR)
• The strengths and weaknesses of different investment metrics
• How to use net present value to find the purchase price and target yields

Duckridge Realty is a full service commercial real estate brokerage specializing in investment portfolio advisory services for high-net-worth individuals and institutions.

Space is limited, so please RSVP using the link here: http://rarebirdinvestors.com/masterclass/

Our Master Classes are designed as deep-dive educational opportunities for our Rarebird Investor Network Members!

New to the Investor Network? Come and check out a meeting. Your first time is always FREE! OR Join Here: https://rarebirdinvestors.com/join/

Join us on Thursday, December 12th at 9 AM for our master class on using the BRRR strategy to build an unlimited portfolio. Rarebird's own Mike Nuss will share why he thinks BRRR is the best investment strategy and answer the following questions:

• What makes a good BRRR investment?
• How much should you offer?
• How do you set up a project for successful refinancing?
• And much more!

CE Certificates are available for licensed attendees.

Space is limited, so please RSVP using the link here: http://rarebirdinvestors.com/masterclass/

Our Master Classes are designed as deep-dive educational opportunities for our Rarebird Investor Network Members!

New to the Investor Network? Come and check out a meeting. Your first time is always FREE! OR Join Here: https://rarebirdinvestors.com/join/

Welcome Devin!  You'll find that wholesaling is a controversial topic on here.  My advice is to learn all you can about all the different approaches to real estate investing. Treat wholesaling as one tool in your tool belt, but don't focus on it as your sole business model.

We've used Prospect Now for a few years now, and it seems to provide the best numbers.  Not great for people who are hard to find, but for your average person, the numbers have a high success rate.

If you don't feel comfortable with the agent dual representing both parties, you should be able to seek your own representation.  It would be an ethics violation if the listing agent tries to persuade you not to have a professional advocating for you.

If you are a confident in the valuation of the apartments, then you could definitely probably save some money by hiring an attorney, but make sure they can advise through the whole process. Since it's not listed, you should ask if the seller is offering compensation for a buyers agent. If they are, then you can bring in your own trusted agent to represent you and the seller will pay for it. If they are not offering consideration for a buyer's agent, then your options are to go without representation, you or your agent could try to negotiate their compensation as part of the deal, or you could pay for some or all it yourself.

@Ryan Keeslar

I think anyone who has done more than a handful of wholesale deal has been burned or would have been if they hadn't stuck their guns and been super careful. I've had wholesale deals run into issues with redemption rights, title issues, earnest money disputes, limited property , hidden material facts, and closing timeline discrepancies.

Most of these issues were caused by short sighted business practices, a lack of transparency with sellers, and poorly crafted contracts. There is a reason why most states want people brokering real estate to have a training certification and a code of ethics to be held too...

@Jay Hinrichs if Portland has some of the most intense hoarder houses in the nation in your experience, what does that say about the culture of our city? Lol

 Senior citizen nude pics and log in the toilet?  Yikes.  If we're counting things SQUATTERS have left behind, my list can get REAL WEIRD.  German dungeon porn, drug paraphernalia and all sorts of bodily fluids in different containers and locations.  Cleaning up after squatters is never boring.  Like a scavenger hunt from hell. lol