” Gold I tell you there’s Gold in them thar Hills!” Yes there is excitement in the air and much like the days of the Hollywood westerns a call to action. Gold? Well, maybe and maybe not. Certainly there is a profit to be made for the well prepared Real Estate Fixer Buyer. Is this You? Or will you just be one of the countless stories of failure.
Real estate investments in Fixer’s Flips and Rehabs be it Short Sales and or Foreclosures or in the Derelict/Abandoned homes market can be very lucrative, If you know what you are doing.
It is that IF that separates the Men from the Boys so to speak. Even with the most experienced of us all there are mistakes made and money lost. But there are many things you can do to help eliminate those losses are at least lessen there effects on your bottom line.
Taking a seminar and listening to the rags to riches stories is one of the sure fire ways to quickly lose your shirt. They may be very motivating and fun to listen to but they are no recipe for success. While education is all good and well you can be over educated as well.
One simple plan that can set you on the right path is to look at investing in Real Estate as a Team Sport. Who would you pick to be on your team, assuming that you have done all of the preliminary work such as financing etc.
The Workers :
- You ( will or can you do the work)
- Contractor ( Save your self some headache early on a hire a Licensed Contractor for those jobs that you yourself are not capable of doing )
- Special Contractors ( Roofer, Electrician, Plumber, HVAC, etc.) You do not have to have these people on the pay roll or at your beck and call but you should at least have done the leg work to check out the quality of work they can do and to compare their prices.
- Real Estate Agent. ( Did you know that a good real estate agent can make you or break you in the Fixer and Flips market?)
Choosing the right Contractors and Real Estate Agent have many parallels. Your entire team should understand your goals. No member of the team including you should put their needs ahead of the others. A good team understands their place and the places of the other members.
So you have assembled your team and you’re ready to go! What then is a 365 Real Estate Investor? Given that there are only 365 days ( more or less ) in a year a budget needs to be set to meet your goals.
- How much money do you want to make per year after all expenses are paid?
- How much profit is there per project?
- How many projects will it take to reach my goal?
Experience is of course the best teacher. Start small and do not get carried away on that first project. Take on one that even if you fail will not take you down don’t let Greed get in front of the learning curve or your common sense. Build upon your successes for they are the foundation for a bright and profitable future in the world of Fixers and Flips.
Categories: Fist time Buyers · buy a home · downtown portland real estate · fixer upper · fixers · flips · foreclosure · investment property · investors · short sale
Tagged: buyers agent, downtown portland homes for sale, Portland oregon real estate, portland oregon short sales and foreclosures
Searching for real estate if it’s for a Condo, Townhome, Single Family Home or what have you can be a challenge. So like most of us you reach out to Google hoping to find that prize.
But like most of us you are presented with web site after web site of nothing more than a glorious Ego Boost for the Owner of that Site. Searches are labor intensive and often filled with the most expensive homes in the area.
So what is a Portland Oregon consumer to do? The answer is plain& simple Portland_Real_Property.Com. There are several different ways to search properties for sale and even some ways to Let_Your_Next_Home_Find_You! Lets take a look at one method right now.
You have heard about Portland Oregon and it’s fabulous Condo’s in The Pearl. Located in Downtown Portland Oregon adjacent to Old Town and old warehouse district lies The Pearl. But just how Big is The Pearl District? And what kind of Price Ranges can I find there.
All answered for you right here Search The Pearl District ! Go check it out. I will wait for you.
You Can find the Pearl District centrally located on the map above in City Center and the Map of The Pearl below.
The Pearl is located Between The Willamette River on the East and I-405 on the West. Notice as well that other City Center Neighborhoods Downtown, Nob Hill and Goose Hollow are also search-able.
To find more additional neighborhoods in the greater Portland Metro area please check out the links at Portland Real Property Neighborhood Home Search.
Categories: Real estate
North Portland Real Estate sales data remains strong and posts better over all as compared to the entire Portland Metro Market. Novembers Average Sales price was up aproximately $5,000 over Octobers posting. While year to date averages for the two months remains steady. The Median sales price year to date also remains unchanged. Days on the market shows a slight improvement improving to 80 over last months 84 day posting.
Categories: Real estate
No kidding folks it almost depends on who you talk to. Truth be told the market is doing pretty well here in the Portland area even though the numbers are slightly down from previous years. For the most part we have weathered the battle pretty well.
Of course the Portland Oregon is a pretty spread out area with many small towns just on the edge of the city limits. Some of these areas have been effected a lot more than the inner city.
For a snapshot of what is going on in some of the Portland Metro Areas stop by THE_PICKLE today for a partial Market Report.
Categories: Real estate
Tagged: downtown portland homes for sale, homes for sale, homes for sale portland, Portland oregon real estate, portland oregon real estate broker, remax broker
It’s Really Pretty Simple. At least that is what all of the Corportations preparing to shut down operations here in the good old US of A were saying to us all. “ Americans want and deserve cheaper priced goods. Don’t you think that developing countries deserve a helping hand up? “
All the while they were foecasting reccord profits for themeselves knowing full well that eventually it must all come to an end. Yet there are huge profits to make now. Why rock the boat? Well that boat has sailed and docked at our port. Now what do we do with it? Today on THE PICKLE ! It’s_Really_Pretty_Simple
Categories: Real estate
I had recieved an email in response to an internet add for Portland Oregon Properties for sale. The properties sounded pretty good and they were in an area that I like very much.
What was odd though was the Internet add did not identify any real estate company. Perhaps this was an Investor dumping properties? Or perhaps this was a SCAM ! Hijack or Scam, something did not smell right. Today on the Pickle!
The_Confused_Dog_Look!
Categories: Real estate
Tagged: buyers agent, Portland real Estate
Do you over promise and under deliver? Sucessfull companies employ sucessfull people. The back bone of any great company can be broken by CEO’s or by the lowest man/woman on the totem pole.
Today on The_Pickle it still puts a smile on my face when I think about it. Guess she never learned the lesson about under promissing and there by over delivering. Check it out www.realestatepickle.com
Categories: Real estate
Tagged: buyers agent, Portland real Estate, remax broker
Short sales and foreclosures in Portland Oregon are a fact of life. There are many factors that can lead you down the path towards a short sale or foreclosure. Some paths are created by others. Some may be of your own doing. Joe and Rita not only created that path they made sure the path was full of bumps and pit-falls along the way! Today on THE PICKLE ! Who_Loves_Short_Shorts
Categories: fixer upper · fixers · flips · foreclosure · short sale
Tagged: portland oregon short sales and foreclosures
