Tuesday, August 26, 2008

Oregon's Multifamily Housing Market Offers Opportunities

The Portland Business Journal reports that "Being a multifamily housing investor is good work if you can get it."

In a special section story, Sean Meyers writes "Multifamily properties are profitable in western Oregon and sellers are holding on tight."

"The key to breaking into the current market is to have financing lined up and ready to go when a good buying opportunity presents itself. That means providing actual rental income history from a targeted property rather than an average of the comparable market."

Although not yet available online, the full story is available in the "How to Book" pullout section published August 15th.