Demystifying Investing

  WHAT IS AN ESTOPPEL CERTIFICATE? A real estate investor recently asked me what an Estoppel Certificate was and why he should know about them. The old Real Estate Adage is: “You earn when you buy…and get paid when you sell.” Due Diligence research is how you make sure you are getting what you are paying for, and an Estoppel Certificate is an important component of that research. When... Read More »

I am currently looking for 50 unit and up properties for a 1031 investor…but I’m also researching plexes and small apartments for a California investor that wants to move his equity to an environment that is more favorable.  There are huge REIT funds now that focus on single family residences and plexes…and they are doing quite well.  The fact that they are active in Portland says... Read More »

Business Insider recently compiled a list of America’s 10 hottest housing markets for 2014. Portland is one of the nation’s hottest real estate markets because of: Anticipated population growth. Projected strong year over year housing price increases. Low unemployment rate. We belong on the list based on the fundamentals of our local market.  By way of clarification: I believe we are... Read More »

Portland's Multifamily Profits

The highest average multifamily profits are expected in Portland, OR; Raleigh, NC; East Bay, CA and Austin Texas?  So asserts Bendix Anderson in a  recent article in National Real Estate Investor’s NREI-Online.  Anderson says that Tier I markets such as New York City, Washington DC are expected to have the lowest average multifamily profits, while the aforementioned TIER II markets will... Read More »

I was asked recently if the surge in multifamily construction had reduced my excitement for multifamily investments specifically, and investment real estate generally.  In a word: “NO!”  In a phrase:  “HELL NO!” First of all, current projects in the pipeline are still below the amount of units to replace those not built during the Great Recession.  Secondly, there has... Read More »