Archive for real estate investment

Press Release – Portland Real Estate Investment Veteran Teaches “Marketing without Money”

PORTLAND, OR — local, veteran real estate investor/mentor teams up with international speaker/consultant for one-time only, free webinar on September 5th, to teach Portland real estate investment entrepreneurs how to find sellers before they list, without spending a dime.

Portland real estate investor John Sheldon has participated in the dramatic rise, precipitous fall, and slow recovery of the Portland real estate investment market since 2001.

Even though he has personally made money on nearly every one of over 200 transactions, he watched over the past four years as the metaphorical ground crumbled beneath the feet of hundreds of investors and in cases, devastated their financial lives.

He decided to do something about it.

In early 2012, Sheldon created How to Invest in Real Estate Portland, a free real estate investment group and joint venture partnering club. The group educates and empowers new and experienced Portland real estate investors to succeed in the new real estate market, with its fluctuating values, shifting economics, and rapidly changing marketing practices.

“I love to teach people to safely profit and to avoid problems,” states Sheldon. “That’s why it’s been so rewarding for me to hold these webinars. I’ve gotten tremendous feedback from members and mentoring partners. They’ve told me they’ve discovered new confidence and made or saved thousands because of advice I’ve shared.

“But one of the biggest problems I’ve heard,” continues Sheldon, “is the lack of funds to carry on effective marketing. I’ve regularly spent thousands of dollars per month in direct marketing, but not many investors have that capability.

“So, I went in search of the best local resource I could find to help investors find low or no-cost methods of marketing. I found exactly what I was looking for in Jerry Fletcher.”

Jerry Fletcher of Z-axis Marketing, Inc. is a business development expert. He founded his consulting and speaking agency in 1990 when he left his position as CEO of a successful Portland advertising agency.

A professional speaker for 17 years, Fletcher is also a Certified Professional Consultant and prolific author, with three books, seven audio programs and four video programs.

Fletcher has birthed high-tech companies in garages, counseled boards of directors and worked with successful companies in conference rooms and kitchens.

Known also as “The Networking Ninja”, he has helped business people from companies small and large across America to discover new ways to build trust and mutually profitable business relationships.

Together in this one-time, free event, Sheldon and Fletcher will explore and reveal concepts of zero-cost marketing that will empower real estate entrepreneurs to:

  • Get to home owners before they list
  • Stay top of mind with neighborhood authorities
  • Make sure everyone they know is working to bring them profitable properties

“Real estate investing injects new cash and life into local communities, helps sellers, and keeps Portland great,” emphasizes Sheldon. “This live webinar event will remove the biggest obstacle many investors face today. We invite any Portland real estate investment entrepreneur facing these issues to attend.”

Webinar Details:
“Marketing without Money for Portland Real Estate Investors”
Wednesday, September 5th, 7pm – 8pm
Register for this and all upcoming free webinars at
http://HowToInvestPDX.com/signup

Real Estate Investment Group Portland – Local Economy Shows Strength – Press Release

PORTLAND, OREGON — While the national housing market remains depressed, a real estate investment group Portland takes advantage as local house prices for June 2012 have remained at 2005 levels.

The semi annual housing report as prepared by the Fed Branch of San Francisco shows that much of Vancouver and southwest Washington maintain elevated foreclosure risks as compared to Oregon, where property pricing is starting to stabilize with sales price increases in property values.

The report matches real estate investor experience. “Portland housing prices are steadily improving as demand for rental property continues increasing,” notes local real estate investing veteran John Sheldon, owner of How to Invest in Real Estate Portland, a successful, locally-focused real estate investing group.

Rental properties are not remaining on the market long, and this demand is causing an increase in both rental rates and property sale prices. While the country has seen a rise in foreclosures, lender moratoriums may have provided homeowners with some relief as foreclosure proceedings are slowing down in Portland.

Real estate has long been regarded as the most secure investment to stand the test of time. National and international investors are selecting Portland, Oregon to buy real estate as they seek to secure their portfolios. Personal financial development gurus including Robert Kiyosaki and Tony Robbins advocate that real estate investing is an undeniable priority in order to offer financial balance to any portfolio. Sheldon adds, “This is the best time to seize the opportunities offered by the real estate market. It is crucial to realize that assets such as stocks, real estate, businesses and commodities function separately. When your stocks crash your other assets maintain strength; people will always need oil, food and housing.”

For a real estate investment group Portland, Oregon’s housing inventory still offers significant discounts. Investors continue to find valuable gems and bargains that are quickly converted into stable and passive rental income sources. Investors looking for instruction, training, assistance and mentorship locally may find benefit in the interactive support offered by a Portland real estate investing group.

How to Invest in Real Estate Portland offers real estate instruction and training through free webinars and one-and-one and small group mentoring. The group can be reached at (503)539-9094. Experienced and aspiring property investors in Portland can visit John Sheldon’s free training and partnering site at http://howtoinvestinrealestateportland.com.

Real Estate Investment Group Portland – Local Economy Shows Strength – Press Release

Portland Real Estate Investing: Power of Know, Like & Trust

Wow, I had some great interaction directly with a seller that I feel is important to share with others involved in Portland real estate investing.

[dropcap color=”color-default” font=”arial” style=”normal” size=”scmgc-3em”]1[/dropcap]st  I got a call from Bill, who was referred to me by a friend. Bill is somewhat of a motivated seller. When I first talked to him over the phone, he started telling me of a rental that he owns not too far from Intel campuses in Hillsboro. He’s in the process of evicting the tenant.  

He starts telling me that he owes about $85k on a place that is worth no more than $120k.  Not too exciting, as his $1100 monthly rent, does not provide any true cash-flow above his $800 monthly payments, taxes and insurance. We only talked 2-3 minutes real estate at all.  I began asking him general questions, that got Bill talking about things in his life that have nothing to do with his rental or real estate at all for that matter.  

By the end of the 20 minute phone call I knew all sorts about his life.  He was traveling the following week to Vancouver BC and Seattle area to help with a civic-service organization that he has been active in for 38 years.  I specifically probed further in this area, as I could sense it was his true passion and this lead him to open up to me.

This made it very simple to find out more about his life, finances etc. He retired about 10 years ago.  His daughter took over the business that he owned in Tualatin that still occupies a building that he owns free and clear.  As tenant in his commercial building, Bill’s daughter pays him a nice monthly income that affords him to live very comfortably.  He owns his home free and clear. AND… next door to the rental we spoke of originally, he owns another identical rental, [highlighter color=”blue-vibrant” ]except this one is free & clear.[/highlighter]  

After setting the stage above, it was very simple for us to plan a face to face meeting after he returned from his trip.

[dropcap color=”color-default” font=”arial” style=”normal” size=”scmgc-3em”]2[/dropcap]nd We met at a Sherry’s restaurant last Friday for more of the same.  

This meeting was not to analyze the opportunity.  This meeting was to further my relationship with Bill.  We scheduled 45 minutes for this meeting.  A full 40 minutes of this meeting was filled with Bill talking further about his life, lead by a few key questions by me. This is not rocket science once you get the correct mindset.  So Bill continued more about his civic-service organization, his wife, all 3 of his adult children, his grandkids and more.  

With 5 minutes left in our scheduled meeting, I decided that we should talk a little about the properties.  As I did that, he started asking me about my kids, that’s how comfortable and in-the-flow Bill was feeling at this point.  We went about 5 minutes overtime, as I reviewed my original notes about the property with Bill and added to notes and understanding about the two properties.

I told him that I would do a drive-by of the properties and get back to him this week to talk further.

People tend to do business with those people that they know, like and trust. This is true in Portland real estate investing as in most any transaction.

One of the most famous and certainly simple books to read on this subject is “How To Win Friends and Influence People” by Dale Carnegie.  This is a must read for everyone and I highly suggest it to all.  Even if you have read it a few years back, read it again and review it often.  It is great input not just for business, but for life in general.

[divider type=”dots” width=”small” align=”aligncenter” clear=”clearboth”]

Whether or not I end up doing business with Bill, this is already a successful relationship for me. I have further expanded my sphere of influence, as I suggest is the premier form of marketing in creative real estate.

Regarding the Properties 

My initial thoughts are to help him unload the leveraged property by selling it to me at about what he owes so that I can break even or hooking up with a realtor to sell it retail.

THE KEY is that I will help him get rid of the leveraged property, so that I can then purchase his free & clear one with seller financing that provides a clear positive cash flow. 

[box color=”blue-vibrant” type=”round” icon=”star”]I may then wholesale this property, clearing $7,500 from another local investor who is looking for this type of Portland real estate investment.[/box]

Any questions?

To Your Success!

John

Portland Real Estate Investing: Power of Know, Like & Trust

Real Estate Investment Group Portland – Wednesday Update 02/22/2012

Image via Flickr

This edition will show why investors should rely on the services of a professional real estate investment group, Portland‘s inventory of foreclosures and the current pricing trends. We will also see the impact that local  real estate has on  local schools, and to finish up we will learn about valuable self improvement tips and Oregon’s plans for a natural park.

 Real Estate Investment Companies : Doorway for Asset

articlegoes.com2/21/12

On choosing a really good investment company, you can be sure they will help avoid making an investment in a wrong property. Since, real estate investment companies depend on customer satisfaction to survive in this

 Joining a Real Estate Investment Club – Real Estate Investing

realestateinvesting.com2/18/12

If you are interested in becoming involved with real estate investment, joining a real estate investment club can be a great first step. Although you will likely be expected to pay membership fees and may have to pay additional

Real Estate Investing Training Video – What NOT to Do on a Fix and Flip

www.localmentor.com real estate investing training video on what not to do on a fix and flip. Sometime saving money and cutting corners don’t actually save you money. I often say, the cheapest “contractor” (fill in the blank with anything there) is N…

Transform Your Lifestyle Following These Personal Development

empleoclasificados.com.ar2/19/12

Transform Your Lifestyle Following These Personal Development Suggestions! Posted on February 19, 2012 by LissySheladia597. A lot of people aim to exercise private growth. Personalized improvement enables people enhance them

Tanking home prices mean Portland schools Oregon Live

www.oregonlive.com1/18/12

Portland school leaders say they never expected home values would decline 9 percent in one year, in turn decreasing property tax payments to save teaching jobs by 13 percent from what they had counted on.

 City’s first permanent nature play area in Westmoreland Park? |

exploreportlandnature.wordpress.com2/19/12

and submit it by Friday, February 25 at 5 p.m. to Elizabeth Kennedy-Wong, Portland Parks & Recreation, 1120 SW Fifth Ave, Suite 1302, Portland, OR 97204. Email: Elizabeth.kennedy-wong@portlandoregon.gov

 Examine your options by contacting a professional real estate investment group, Portland‘s real estate opportunities are available to everyone. To learn more call(503)539-9094 or visit www.howtoinvestinrealestateportland.com

Deal Analysis: Profit Lessons from a Traffic Light

Deal Analysis: Profit Lessons from a Traffic Light

Deal Analysis Can Protect Profits

The biggest mistake I see novice investors make in Portland is that they do not do proper deal analysis, including profit planning and exit strategy assessment. That’s jargon for saying they take deals where there’s not enough money, or there’s no safety net in case their one way of getting out of the property goes sideways.

In my free video “Seven Biggest Mistakes in Portland Real Estate Investing” I go over a number of the different exit strategies.  I’m not going to add substantially to that now, but here is a quick list of property and exit strategies:

  • Property Strategies
    • Do nothing (sell “as is”)
    • Quick cosmetic improvements (“rehab”)
    • Major cosmetic and material improvements (“remodel”)
    • Reconfigure for additional bedrooms, bathrooms, or units to increase sale value or NOI (“net operating income”)
    • Raze improvements to the ground
    • Raze and rebuild on existing foundation (still considered in most jurisdictions to be a remodel)
    • Raze and rebuild entirely new
    • Subdivide lot into two or more legal lots
  • Exit Strategies (for land or land/improvements combination)
    • Sell retail through realtor
    • Sell retail FSBO (“For sale by owner”)
    • Sell wholetail (discount from retail value)
    • Sell wholesale (deep discount to allow for rehab or remodel costs and resale)
    • Sell on contract
    • Lease option (“Rent to own”)
    • Rent/lease

You can mix and match property and exit strategies to come up with an almost endless variety of ways to get out of a deal profitably. We consider dozens of scenarios in our weekly webinars.

What we’ll focus on here and now is a simple way to make sure you’re paying attention to effective deal analysis. It’s called the traffic light strategy.

I did not invent this, but I have used a version of it in my own investing for years. It’s a pretty simple system and it works just like a traffic light:

GREEN – You have at least THREE exit strategies that will all pay you your minimum five-figure paycheck. (By the way, YOUR minimum five-figure paycheck could be anywhere from $10,000 to $99,000. I personally recommend that my students and partners NOT use $10K as their figure.) GO! GO! GO!

YELLOW – You have TWO exit strategies that will pay your minimum paycheck. Proceed with caution.

RED – You have ONE exit strategy that will pay your minimum paycheck. DO NOT PROCEED.

If you keep this simple formula in mind, it will be very difficult for you to lose money on a deal. If you combine this with the other strategies you’ll learn on this site, in your emails, and in our membership club, you’ll be practically bulletproof. Won’t that be nice for a good night’s sleep? Do your proper deal analysis, make sure you’ve got multiple exit strategies take action, and prosper.

Deal Analysis: Profit Lessons from a Traffic Light