Many individuals are eager to begin their real estate investment journey, and being seasoned real estate professionals in Portland/Salem OR, we are frequently approached to divulge our insider tips.
Fortunately, we love to share 🙂
One of the most common questions we receive from local investors is, “How do I find a good investment property in Portland/Salem, OR?”
As the availability of foreclosure deals has significantly decreased compared to a few years ago, individuals are now required to explore more innovative strategies to discover the most lucrative opportunities on exceptional local Portland/Salem investment properties.
We source our properties through various marketing channels—both online and offline—so there isn’t a single best method for finding quality investment properties in Portland/Salem.
However, the information below outlines several strategies you can implement to discover excellent properties to enhance your investment portfolio.
Many investors fear competition, believing that disclosing their strategies may lead to others stealing their concepts.
That’s not our approach. We partner with other investors to achieve things together that we couldn’t accomplish individually.
We share our insights and philosophies here with the goal of enhancing the quality of investments in Portland/Salem, helping to build stronger communities. After all, we’re all investing in the same areas, so it only makes sense to do it right.
How to Discover Quality Investment Properties in Portland/Salem
To secure the best investment property deals, there are a few key principles you need to understand.
First, think long term.
Real estate operates differently from the stock market. It’s about where people live, work, and play—not just figures on a screen. Making a large profit from a short-term real estate deal is rare; those opportunities are few and far between.
So, don’t expect to rely on flashy tricks or believe you’re smarter than those who have been in this business for year. Thinking long-term involves learning from the past to better predict and prepare for the future.
It also means that if you don’t find the local investment properties you want right away, remember this is a marathon, not a sprint.
That’s why it’s a great idea to find several sources of properties that fit your criteria (like our Portland/Salem Investment Property Buyers List >> ) so you have a heavier flow of great deals to look at.
Second, focus on relationships.
The investment community in Portland/Salem is much smaller than most people think.
Only a small number of brokers and investors handle the majority of transactions in the market.
They typically collaborate with the same individuals regularly. Investing time and effort to locate them and learn from their expertise is well worth it. If possible, partner with them; they are your best source for quality deals both now and in the future.
How do you get to know them?Visit your local REIA and connect with active members to engage in conversation. Inquire about which real estate agents they work with, identify active wholesalers in the area (and gather their contact information), and inform as many people as possible that you’re searching for investment properties that meet your criteria. Learning how to find quality investment properties in Portland/Salem isn’t difficult, but building relationships can be crucial for accessing some of the best deals on properties that others may not have in the Portland/Salem, OR market.
Who should you get to know?
- A few of the top investment friendly real estate brokers in Portland/Salem
- A few real estate appraisers who specialize in the types of properties you work with.
- The leading property wholesalers in the area.
- The top property rehabbers and flippers in the area.
- Title agents who frequently handle investment properties.
Third, identify your target investments.
Investment, like many other areas of life, rewards those who are most focused. It’s essential to find your niche. Some individuals make millions from investments in parking garages or storage units alone.
Some specialize in residential apartments, while others focus solely on retail. By taking the time to research, you can assess the various segments of the market to identify the best opportunities for you—not just the most heavily marketed ones. Once you determine what you want to own, you can develop a strategy to find out who currently owns it and ensure they know to contact you when they decide to sell.
Although this demands considerable effort, it is a tried-and-true approach for creating long-term wealth.
Finally – use technology.
Join our list of exclusive properties, and we’ll alert you immediately when we discover a fantastic investment opportunity.
We often acquire properties at deep discounts and then offer them at a reduced rate to those on our list who are ready, willing, and able to invest. While there are other methods to stay informed about properties on the open market, it’s beneficial to familiarize yourself with searching the multiple listing services like everyone else, as great deals occasionally appear.
We don’t handle average deals; we only share exceptional opportunities with our partner investors. We’re not real estate brokers, and our business operates in a specific niche within Portland/Salem.
If you’re looking to seriously invest in Portland/Salem, we’d love to chat with you to learn your wants, wishes, and objectives.
Hopefully, you now have a clear understanding of how to find excellent investment properties in Portland/Salem. If you have any questions, feel free to give us a call or join our buyer’s list below!