Our Property Portfolio
We've owned many properties since 2009. If you see something that piques your interest, let's set up a time to chat about it.
Current Portfolio
3/1 Single Family Home Fix & Flip
Lebanon, OR
The owner has advanced dementia, and it's no longer safe for him to live there. The didn't need much cash up front, so $83K is for the rehab. We'll replace the roof, paint everything, open up the downstairs and gut the kitchen/bathroom.
Original Investment Offering
Original Investment Offering
- Purchase Year
- 2024
- Debt Raised
- $120K
- Hold Period
- ~6 mos
- APR
- 12%
15-Bedroom Co-Living House
Corvallis, OR
This is a 15-bedroom house near OSU's campus. After completing the repairs (and income objectives), we plan to refinance and hold the property for a while.
- Purchase Year
- 2023
- Capital Invested
- $22K
- Hold Period
Limited Partners in 112 Unit Development
Keizer, OR
Before asking others to invest in our projects, we wanted to know what Limited Partner's experience is. So, we invested in this project for a 1% equity stake.
- Purchase Year
- 2022
- Capital Invested
- $100K
- Hold Period
26K SF of Warehouse Space and a Small Office Building
Jefferson, OR
We acquired this property in a 1031 exchange. Three business tenants rent the space. From this experience, we learned how to structure custom leases.
1.5 Acres of Vacant Land
Jefferson, OR
In addition to the warehouses, we acquired the adjacent vacant land right on I-5.
- Purchase Year
- 2021
- Capital Invested
- $1K+
- Hold Period
70-Unit Storage Facility
Lebanon, OR
This property was owned by a flipper. It came with a 3/1 single-family home, which they fixed up, but the facility became mismanaged. It was 50% vacant when we bought it. We implemented a remote onboard experience and stabilized the property in the middle of the pandemic.
5-Unit Residential Property
Sweet Home, OR
I sent out letters to all multi-family owners and picked up this property from an owner who was in over his head. Three of the units are 200SF tiny cabins that were pulled on skids during the railroad construction.
11-Unit Apartment Building
Albany, OR
In the Fall of 2014, we purchased the Lyon Apartments. Occupancy was at 6 of 11 (55%). 100% of those occupants held criminal records for a sexual offense. We terminated all leases and rehabbed the inside in 5 months (new paint, carpet, & repairs throughout). We achieved 100% occupancy at market-level rents within one month after the rehab.
Past Purchases
3/1 Single Family Home Fix & Flip
Albany, OR
The owner was in pre-foreclosure and we raised the funds and closed in 3 weeks to stop the auction. After the seller moved out; we completed enough repairs - a new roof, fixed some plumbing, drywall, and cleaning - to make it lendable and resold it as a fixer-upper to someone else. We finished the project so fast that we paid out the full 8% interest in less than 4 months.
Original Investment Offering
Original Investment Offering
- Purchase Year
- 2024
- Debt Raised
- $95K
- Hold Period
- 3.6 mos
- APR
- 26.9%
1.5 Acres Vacant Land
Indiana
We tried wholesaling land. From this experience, we learned how to send effective letters to sellers and manage a deal from a distance. We didn't continue wholesaling land because the proceeds from this sale set me in motion to leave my job.
- Purchase Year
- 2017
- Capital Invested
- $41K
- IRR
- 65%
- Hold Period
2/1 Single Family Home
Albany, OR
We purchased a fixer-upper home to decrease our living expenses. We eventually moved out, fixed up the place, and rented it out.
2/1.5 Duplex
Albany, OR
We saved up a 25% down payment and purchased another duplex. This property was stable from day one.
3/1 Duplex
Albany, OR
We purchased our first property, a duplex, in 2009. We moved in one side and rented out the other. Our first tenant was horrible, but through them, we learned to set our standards and practice tough love. We also learned how to improve and maintain a property.
