Recently I have been flooded with calls from landlords wanting to buy more investment properties. Why? Because here in the Washington County, Oregon area we have been seeing rent increases of upwards of $200 a month as the apartments are telling people that they have no vacancy.
The problem is for investors is the prices they could have bought these duplexes and triplexes for six months ago, have increased in price by $50,000 and now they are scrambling to find more.
If you are an owner of a duplex or a triplex in the Washington County, Oregon area and would like to consider selling, please give me a call and I can help you get it sold quickly!
Todd Clark - broker
Kastings & Associates
Phone: (503)524-9494
Fax: (503)622-8739
Todd Clark and the Friendly Home Team
Knipe Realty
Todd@IFoundYourNewHome.com
Phone: (503)524-9494
Fax: (503)622-8739
I am a licensed Realtor who specializes in Washington County, Oregon and also work in both Clackamas and Multnomah Counties including the cities of Aloha, Beaverton, Canby, Clackamas, Gladstone, Gresham, Happy Valley, Hillsboro, Milwaukie, Oregon City, Sherwood and Tigard.
All information contained in these posts are copyrighted and cannot be used without prior written approval authorization from the author me Todd Clark. If you are looking for an outstanding agent please give me a call I would love to help you with all your real estate needs.
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Todd,
Things are beginning to pop in our area as well...good sign!!! Thanks, Fran
It has to happen eventually when prices drop yet no one is buying. We need some of that in Sacramento but i think it is a little further off.
Jonathan - It is getting to be even a better time to buy now even with rents dropping, because prices are dropping even faster!
Fran - Things certainly took a dive here, but I think those who are buying will be real happy in about 5 years.
Amy - It really is and I will!
Robert - Prices have dropped even further lately and many investors are picking up single family homes that are cash flow from day 1.