If you need assistance, please call 503-941-0276

How to Invest in US Real Estate as a Foreign Inves Blog

Friday, September 4, 2020   /   by AJ Shepard

Funding Options after Contract Issues

Speaker 1:
All right. So today, I'm going to talk about funding options after contract issues a.k.a, financing woes. So... oh, we got...
Speaker 2:
Chris and Nicole.
Speaker 1:
... Chris and Nicole. So a.k.a. financing woes. Funding options after contract issues. So, the best way to avoid contract issues is to get pre-approved and get financing dialed in beforehand and know what you're doing. So, first of all, it's getting your client pre-approved. Knowing who that lender is that they get a pre-approval from. Not all pre-approvals are the same, especially with lenders that you know. Confirm property is financiable. If you know that it's not going to be, there's really not any sense in going through all that process. Make sure that your client's affairs are in order. A lot of times we're doing some credit repair, we're trying to make sure that they're ready to actually perform on the purchase. This is kind of one of those things as being a part or being a real estate agent.
Sp. ...

Read More

Tuesday, September 1, 2020   /   by AJ Shepard

Economy Update

Speaker 1:
So initially I was going to talk about interest rates are low, you should obviously be encouraging people to buy. But I think everybody ... Well, I'll give you a couple of talking points on that. But I think there's some more ... I don't know. Investors are having other questions on really how Covid is going to shake out in the longterm. And we've got a presentation and we updated it a little bit about some things that you can say to people as you're talking to them about what's going to happen to the future with the pandemic. So when is the economy going to recover? Is this going to be like 2008? What about all the job losses? What do I need to know right now? What should I do when you're talking to your clients? So it's crucial and gets out ahead of these things and again, have some talking points. I think everybody can agree this was a pretty great summer in terms of real estate in Portland. That wasn't necessarily projected to happen.
Speaker 1:
So we're going to . ...

Read More

Thursday, August 27, 2020   /   by AJ Shepard

The Renovation Process

Jacob Wathen:
Cool. So I'm talking about the renovation schedule and best practices, essentially what I've been doing with my property. As well as what I've kind of learned from the vendors that I've been having out as well. All right. So the first step in the process is going to be planning. So far this has taken us about, I'd say about a month total. And it's also been pretty difficult primarily because, we didn't know anything about the property, essentially. We didn't get a bunch of vendors in before we purchased it. We got two contractors in early on, as well as a foundation expert, and a couple of people like that. But we didn't have anyone really check out the plumbing or electrical, primarily because that was a condition of the sale. The sellers were just like, "We're not letting people disturb the tenants." That's kind of the situation that we had.
Jacob Wathen:
And when you're buying tenant-occupied properties, it might be a little bit difficult to facilitate that espe. ...

Read More

Tuesday, August 25, 2020   /   by AJ Shepard

Partnering on a Real Estate Investment

All right. So for my presentation today, I want to talk about partnering on a real estate investment deal, the different types of partnering, and what to look for in those different partnerships. So obviously one that a lot of people are familiar with, 50/50 partnership, you split the equity, you split the cost, you split the profit, everything right down the middle, and you work together to manage it.
The other type is a credit/capital partner, and a management or construction partner. So in this situation, the credit and capital partner would basically be the financing behind the purchase and holding the loan and their name, and then the management/construction partner, if it is a rehab project, like the one I'm standing in currently, they would manage the construction and the rehab of the project, and then you would form an LLC. The LLC would then hold the title, but the individual that's the credit capital partner would hold the loan in their name, and so the ...

Read More

Thursday, August 20, 2020   /   by AJ Shepard

Why Real Estate is the Best Investment

Hello, guys. Thank you so much for joining us. We're talking today about why real estate is one of the best ways to make money out there. So let's not waste any more time. Let's get straight into it.
The first way, obvious way: rental income. I mean, this is almost always the main reason that any real estate is going to be purchasing real estate. If it's income-generating, that is. It's kind of self-explanatory, so let's just go on to the next reason about rental income, a great way to make money from real estate.
Buying low. So you buy low, you can do this ... And I mean, if you do this well and you can turn an instant property into a profit right away. I would certainly recommend consulting your local realtor or even local real estate investors as well. Being a part of groups, such as the Westside Investors Network or places like that, would be a great way to keep an edge on the market and to keep your eye keen so you can get these opportunities for b ...

Read More

Uptown Properties
Chris Shepard
3526 SW Troy
Portland, OR 97219
Fairway Independent Mortgage Corporation
Mike Maier
5410 SW Macadam Ave, Ste 100
Portland, OR 97239

The vendor(s) appearing on this website has entered into an agreement with the RealtorĀ® to share advertising costs and expenses for this website. As such, the vendor(s) has paid to be placed on this website
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS(TM) of Portland, Oregon. Real estate listings held by brokerage firms other than AJ Shepard - Uptown Properties are marked with the RMLS(TM) logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright Ā© RMLS(TM), Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated 4/13/2021 11:18 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

This site powered by CINC: www.cincpro.com