New Rules for Oregon Real Estate Investing
Are you looking for solid RE investment?
Investing in Real Estate, if done right, can create lots of wealth. 2020 has been crazy with many different things happening.
- Covid- 19 / Economy
- 2 different house bills
- Very low home inventory
With this we have historic low interest rates that have created the perfect investment climate.
For interested investors, the two new house bills passed have created an opportunity where infill is now cost effective. I can explain this if interested.
The goal is, once completed to have as little to no money in the deals raising ROI’s very high if not infinite. The idea is keeping the rental properties for cash flow under professional management.
Currently apartments are trading between 5.5 and 6.5 cap. With inflation, not much is left in your pocket. This to me is not worth the effort of managing the managers on any holding. I have a better way.
I am a licensed broker in the state of Oregon, but don’t hold that against me. My background includes:
- 30-year construction company owner
- Land development
- 35-year landlord
- Surveying
- Timber Management
- Residential investments
- Marketing
- Historic Restorations
- Commercial Properties (multi-family- others)
- Deal structuring/ HR
I am looking for someone that wants to add to their portfolio.
Contact me if interested. 503-949-5025 al@cronemiller.com
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