The Worst (and best) Residential Real Estate Investment I Witnessed

economy
As a real estate broker licensed in the state of Oregon and I’m a leading short sale specialist in the Portland area I was recently asked to share my opinion of the best/worst investments I've seen in real estate. My opinion as a Realtor does not constitute, legal, tax or investment advice. Lastly, the question of absolute worst real estate investment also incidentally leads into one of the better investments I’ve seen. The Worst Real Estate Investment I Have Personally Encountered: First off, let me preface this by saying that condo developments have proved very profitable in a number of cases. However, in this specific example things unraveled to devastating effect. In the years leading up to the housing crash a wealthy extended family in my area developed a condominium…
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SE Portland Property Investment

Portland Home Values
Real Estate Investing One of the many questions regarding real estate investing right now is what effect falling prices in suburbs will have on more centrally located properties. With unprecedented savings possible in outlying areas such as Oregon City, Milwaukie, and Gresham in most cases renters can buy distressed properties for much less than they currently rent for. This glut of extremely affordable housing in outlying areas has put pressure on non-distressed transactions not to mention puts pressure on the strained rental market. Many investors are struggling to rent out upside-down rental properties on which they owe far more than the inventory will fetch on the open market. Homes For Sale In Inner SE Portland SE Portland Home Values So, how will this affect prices in more desirable neighborhoods such…
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