It was a little before 1:00pm, I did one more check up of the Hot Sheet. Nothing new. I had whittled it down to a total of 4 houses. Three Fixers of different degrees and a Home that had recently been rehabbed and on the market for only a few hours.
Mike met me at the Front Door to the Hilton_Hotel in downtown Portland Oregon. The Real Estate Investors Seminar had been taking place in one of the meeting rooms and the Group was gathered there. As we approached the Group Mike asked if I was comfortable speaking in front of a Group of People. Oh yea I said let's get started.
After a Brief introduction of myself I opened it up to questions from the Group or 10. At first there was some hesitancy, after all these people didn't know me. After a couple of quick questions and very thorough answers it began to go well. Total time spent in the question and answer phase was about 20 minutes. The Group was pretty good. Some were Contractors with quite a bit of experience and others were brand new to Fixers, Flips and Rehabs.
We Left the Hotel in a Caravan of cars, some of the 10 Carpooling with each other and Mike and his assistant with me. The twenty or so minutes it took to make our way to the first Fixer gave us a chance to get aquainted. Mike said that in Florida the market was so dead that you were lucky if you heard from your agent at all during the listing period. In fact he had been in a Condo on the Beach the day before Coming to Portland and noticed a Flyer indicating a $50,000 Selling bonus offered for the selling agent. He was quite amazed to find out that are Market in Portland had virtually not skipped a beat. Still robust and still multiple offers on Great Properties.
For a view of the mapped out trip click on the Link here to Google_Maps then under my maps click the fixers.
Upon arrival at Fixer # 1 there was a great deal of enthusiasm by all to get inside. With a quick unlock the Group of 10 flooded in to be immediately greeted by the ever so unpleasant odor of cat urine. Undaunted we allowed the air to clear and forged on. As soon as everyone had gathered upstairs and noticed its short comings ( Poor rooms layout ) they turned and started to leave.
Wait a minute I called out. Who can tell me what is wrong with this upstairs? It sucks was the quick response in unison from the Group. And how can we fix it I asked? Soon I had walked them through the simple fix and they all of a sudden as a group began to show a new found appreciation for my abilities. Instead of making a hasty retreat they now began to look the home over and discover its true potential.
The Next Fixer, house # 2 was an absolutely charming Bungalow that someone had set out to destroy. At least from what we could see. The Wrap around front porch with its gorgeous Columns had all been enclosed and the home was stripped to the studs inside. This was truly a major Fixer. Much of the work that had been begun was obviously not done under permit or code. Still all in all for the experienced eye there was money to be made here.
Fixer # 3 a very abused rental in the Alberta Arts District of Portland Oregon was a totally different project than the others. Built in 1907 and on a small lot it would seem that at $239,000 might be a tough one. But for those who are up on the Portland Oregon Real Estate Fixer market and all of the urban development currently under construction, this one shows some real potential for the Investor with an eye to the future.
The Final home was a chance for all to comment about what they had seen and to walk through a recently finished rehab project. All in all it was a great day new friends and potential future bonds were made. A great deal of good will and enthusiasm was shown and I hope that one day this Fine Group of 10 begin to enjoy to the satisfaction of working with Fixers, Flips and Rehabs in the Portland Oregon Real Estate market.
Enjoy the Photo's below.
Fixer # 1 
Fixer # 2
Interior 
Fixer # 3 
The Group of 10 in front of and Alberta Arts District Rehabbed Home.
A Good Time was had by all. Friendships and potential Future Business alliances were struck.
Herb Hamilton is a Real Estate Broker with RE/MAX Preferred Inc. Realtors working in Portland Oregon
Home Buyers and Investors Buy A Home or Buy an Investment in Portland Oregon
" A Real Estate Transaction with Herb is one YOU will Profit from "
www.portlandrealproperty.com A Web Site full of local Portland Oregon real estate searches for homes and local Portland School and City information.
http://www.househuntportland.com/ A Web Site for the home buyer of Portland Oregon Real Estate. Receive updated real estate listings daily or hourly 24/7. Sent by email on a street map with a Photo a Description and an Address.
http://www.portlandflips.com/ An Investors Web Site. Spend your time analyzing the results that will be sped your way within minutes of becoming active in the local RMLS.If your an Investor and You Want Portland Oregon Real Estate Investment Properties then this is your site.
http://www.portlandonline.com/ City of Portland On-line. From Parks to Jobs find out about our beautiful City of Roses on Portland Oregon's Web Site.
Portland_Maps Enter a Portland Oregon address and get a ton of information on the home including maps zoning Sewer etc. Aerial maps included.
Portland_Or._Mt._Tabor_Neighborhood One of Portland Oregon's Premier Tree Lined Street Neighborhoods built Around the extinct Mt. Tabor Volcano.
http://www.rebuildingcenter.org/ Link to Portland Oregon's Nonprofit center for used building materials. If you need parts for that old house come to the Rebuilding center in North Portland's Mississippi District.
http://www.rejuvenation.com/ Rejuvenation is Portland Oregon's unique Period Authentic home for full reproduction fixtures and Architectural trim. Salvaged building materials are found here as well.
http://www.hippohardware.com/ Hippo Hardware is another very unique Store located in inner SE Portland Oregon with every kind of conceivable part for you old home. Truly an interesting experience.
http://www.ccb.state.or.us/ State of Oregon's Contractors and Construction Board. Find out what new laws effect the construction industry. Check on Contractors Licenses and History.
http://www.oregon.gov/REA/index.shtml State of Oregon's Real Estate Agency.
Oregon's_Real_Estate_Agency_Pamphlet Learn about Agency . What are a Buyer's Agent's responsibilities, what are a Sellers Agent's Responsibilities. Dual Agency.
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