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...

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...

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 ...

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...

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...

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...

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...

Investment Info:Single-family residence buy & hold investment in Portland.Purchase price: $89,000 Cash invested: $15,000Contributors: AJ ShepardChris ShepardThis was during the hayday of banks trying to get assets off of their books. This one went up for sale and we owned the one directly next door. They put the asking offer...

Investment Info:Single-family residence buy & hold investment. Contributors: Chris ShepardAj ShepardThis property was another great old house that has been grandfathered into the zoning that it resides. Proved to be tough for us to get financed, but we finally found someone willing to underwrite it. Being great walking distance to a l...

Saving for a down payment is one of the main reasons people do not think home ownership is an attainable goal. Many people intend to start saving for a down payment but life gets in the way. If you are considering putting 20% down on an average home in Portland you would be looking at about $90,000 out of pocket, not including closing cos...