Rick Hawley of Oregon Gives Portland Real Estate Advice for First-Time Buyers

Oct 22, 2021 8:00 PM ET

Rick Hawley of Medford has helped many clients find high-quality properties throughout Oregon, which is no mean feat. This state has become incredibly popular in recent years, and finding reasonable property prices may be challenging. However, buying in Portland is even more of a challenge. Thankfully, he has a few tips to keep in mind that will help to ensure that you stay strong financially for years to come.




Tips Rick Hawley of Oregon Finds Important for First-Time Buyers in Portland

Over the years, Rick Hawley of Medford has found several unique tricks that help first-time buyers find property in Portland. The first of these tricks is patience and readiness. Please wait for the right property to come your way and jump on it immediately. Portland has many real estate websites and magazines that you can use to identify properties and integrate them into your purchasing plan.

It is also important to contact the local Portland city officials to learn more about this process. Their team will work with you to identify steps that you need to take when buying a home. Insider tip: Portland has pretty stringent regulations for home buying. As a result, you need to make sure you schedule things like home inspections and much more to ensure you don’t run into trouble.

As for neighborhoods, Rick Hawley of Medford finds many great places to invest in if you’re buying in the Portland area. Unfortunately, as one of the fastest-growing and most popular cities in the nation, prices keep going up and frustrating many buyers. Therefore, you must pay attention to these houses’ varying costs and do what you can to find an inexpensive neighborhood.

While these prices fluctuate and may change in the future, some of the cheapest places in the city include Centennial, Glenfair, Lents, Powellhurst-Gilbert, Pleasant Valley, Oak Hills, Orchards, Foster-Powell, St. Johns, Argay, and Parkrose. Residential property here is at its most reasonable for the area, meaning it should be easier for you to find an option that makes sense for your needs.

You may also find options for things like apartments and condos throughout the city, many of which make a significant investment. Rick Hawley of Medford strongly suggests looking into downtown condos, as many of the area’s wealthiest residents buy up these homes. You can easily find an option that makes sense for you and buy it to live in or rent it out for a steady supply of passive income that keeps you solvent.

Don’t forget to consider things like the area’s substantial tiny home community, which has become very prominent in many spots. The city is very welcoming to these homeowners and provides a unique array of fascinating options for many potential buyers. Some may find these options work great as rental properties for passive income, while others enjoy them as a vacation home or permanent abode.

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