Property Management Blog

Tuesday, August 6, 2019

Single Family vs. Multifamily Investing. Which is right for you?
Single Family vs. Multifamily Investing.  Which is right for you?
Single Family vs. Multifamily Investing.  Which is right for you? Is it better to invest in single or multifamily properties?  Everyone’s favorite answer… it depends.  Let’s go over some of the pros and cons of each. Single Family Homes: One of the best things about investing in single family homes is it ...

Tuesday, July 30, 2019

How a Heloc (Home Equity Line of Credit) can give you leverage to invest in more opportunities.
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Have you obtained a Heloc on your Primary residence before? A Heloc (Home Equity Line of Credit) can give you leverage to invest in more opportunities. A strategy that a lot of people have employed for a long time. Some of the benefits of using a Heloc is that you are able to essentially borrow money from the equity of your house and then...

Monday, July 22, 2019

Home Buying Process (Step by Step)
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Home Buying Process (Step by Step) Get pre-approved by a lender so you know what your budget is. If you are looking at houses and fall in love with one that you see, the worst thing that can happen is you do not get approved for a loan to cover the price of the house. I always recommend getting a budget from a lender so when you find...

Saturday, July 6, 2019

Join us for our Grand Opening!
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WE HAVE MOVED INTO OUR NEW SPACE IN MULTNOMAH VILLAGE AND WANT TO SHARE IT WITH YOU! COME JOIN US, THURSDAY, JULY 11TH FROM 4-6:30 TO OFFICIALLY WELCOME UPTOWN PROPERTIES TO MULTNOMAH VILLAGE. THE RIBBON CUTTING WILL BE DONE AT 5:30  WE LOOK FORWARD TO WELCOMING YOU INTO OUR NEW HOME!  APPETIZERS AND REFRESHMENTS WILL ...

Friday, June 28, 2019

Simple Updates That Add Value: Bathroom Floor
Simple Updates That Add Value: Bathroom Floor
Many people that are new to real estate investing think that saving money during the rehab of a property will help increase their profit. Whether the property is a flip or you plan on holding it as a rental property, investing in quality products for your rehab will increase the life of your asset. However, you do not want to put marble f...

Saturday, June 22, 2019

Understanding Real Estate Language
Understanding Real Estate Language
How many times have you been talking real estate and had no clue what your lender or Realtor is saying? You may know what some of the lingo means, but we are going over all of the main phrases and terminology today.PITI: Stands for Principal, Interest, Taxes, Insurance and makes up the monthly payment for your loan. MI:  Stands ...

Saturday, June 1, 2019

Home Ownership Pathway Program with Uptown Properties
Home Ownership Pathway Program with Uptown Properties
The Uptown Properties team believes in the value of homeownership. I understand that purchasing a home in the Portland metro area can seem very intimidating. With an average sale price of $453,600 it can seem impossible to purchase your first home. Have no fear though! With over 6,500 active listings there are many more affordable h...

Wednesday, May 29, 2019

"Get in the game, then wait."- Why I Invest In Real Estate
GET RICH SLOW PROGRAMAll we see on TV is people making tens of thousands of dollars in what seems to be a week. Flipping houses can be very lucrative, but it is also risky and lots of hard work. Accumulating rental properties is not as glamorous, but it can build passive income for life. “It is better to make a slow dime than a quic...

Monday, May 27, 2019

Value Add with Capital Out
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Investment Info:Single-family residence buy & hold investment.Purchase price: $102,000 Cash invested: $100,000Contributors: AJ ShepardChris ShepardAfter our first project, we decided that we could take on a little more. We found this project in the weeds in MLS, at the time there was a lot of properties on the MLS in 2010. T...

Tuesday, May 21, 2019

The 1% Rule in Real Estate Investing
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Investing in real estate has many numbers and calculations involved when analyzing a deal. Some calculations include the cap rate, NOI, gross rent multiplier, and gross income but using the 1% rule can make analyzing a deal much easier. The 1% rule is when the monthly rental income generated from the property is equal to 1% of the pu...

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