Author Topic: RE Investing in Portland  (Read 1460 times)

SDREMNGR

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RE Investing in Portland
« on: June 02, 2014, 08:36:25 PM »
Any Portland MMMers here who can comment on what cap rates are like there?  Or what percentage of purchase price you can expect to get for a SFR in the average price range? 

I am in SD and not finding much here and I've always liked Portland but don't know much about the real estate market there.  Can anyone comment and help educate?

johnintaiwan

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Re: RE Investing in Portland
« Reply #1 on: June 03, 2014, 08:56:42 AM »
Im not living there now, but what I am hearing from family and friends is that portland is getting really expensive (at least the city, not necessarily the towns/areas outside of it). I saw small old houses that would probably need to be torn down asking for over 300K when I was there last august. I guess the secret of what a great city it is finally got out.