Demystifying Investing
Jerry owns a thriving plumbing business that almost exclusively does commercial work . His company is well established, his crews are trained. At 50 Jerry is a dynamo who has so much energy that he fixes up houses after work. He’s up to 8 rentals now. They aren’t exactly next door to each other as he’s bought good deals where he could find them. Jerry takes care of the... Read More »
We want, expect, maybe even demand good…but excellence deserves special attention, doesn’t it? It is the policy of Rose City Commercial Real Estate to celebrate excellence. I have worked with a number of fantastic property management firms in my career. Today I want to salute one of them. I like to see an organization do something just because its the right thing to do for their clients…not... Read More »
I often get asked my opinion on apartment investment scenarios …and the askers seem to expect there is a single correct answer. Portland multifamily is clearly the belle of the ball for commercial real estate investments locally. We’re highly regarded nationally as well. We’re even seeing a growing transition of equities from stocks to real estate. But within multifamily investing... Read More »
While it may be a scary time to be in the stock market these days, that doesn’t mean that all avenues of equity expansion have collapsed. Commercial real estate in general and apartment investing in particular is a clear alternative to stocks. And like the market you can invest your 401K to try to increase your retirement. Two stock market related articles caught my eye this morning. One... Read More »
But two profit killers remain: 1. Unmanaged property tax liability. This is an item that needs an annual review by a professional. As an example, exception value in Oregon can only be appealed the first year it appears. No, they don’t identify it…so failure to appeal can cause a permanent increase in taxes. There are a few exceptional professional property management companies that consider... Read More »
