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PNW Real Estate Launchpad

109 members • Paid

5 contributions to PNW Real Estate Launchpad
Pace Morby tomorrow night in Salem
I’ll be at the event tomorrow night if anyone wants to meet in person!
1 like • Aug 23
@Brandon Hendrick should be a great day!
1 like • Aug 23
@Jeff Johnson off beat coffee at 845 if you want to join us
ISO
Good morning everyone! Here are a few things I’m currently searching for: Operating capital with varying returns and structures, ideally looking for 100k plus at 10-13%. Deals: 2000 sqft or smaller homes in grants pass city limits or in the urban growth boundary. Salem: sf/mf heavy rehabs Anywhere: mf, mobile home parks, businesses with real estate, I prefer creative deal structures that get me to permanent debt the fastest and cheapest. This allows me to pay the seller the most instead of all the hard money fees.
0 likes • Aug 22
@Breazy Bobo 5038842704
Are you using AI in your flipping business?
Here's what I got when I asked it to run comps of a property I walked today and give me a rehab budget Rehab scope & budget (Portland pricing) Assumptions: ~800 sf LVP downstairs + baths; ~890 sf carpet (up + stairs). One full bath gut; two bath refreshes; small patio/yard. Detached condo/TH—confirm HOA before any exterior changes (often HOA handles building exteriors). Good (Investor-grade, fast-turn): ~ $44.4k Better (Mid-grade, what I’d list with): ~ $62.6k Best (Premium within reason): ~ $89.3k Line items (materials + labor + typical Portland GC markup) LVP main & baths (~900 sf): Good $4.5/sf ≈ $4.1k | Better $5.75/sf ≈ $5.2k | Best $7.5/sf ≈ $6.8k Carpet upstairs + stairs (~890 sf + stair labor): Good ~$4.0/sf + $300 ≈ $3.9k | Better ~$5.0/sf + $400 ≈ $4.9k | Best ~$6.0/sf + $500 ≈ $6.8k Full interior paint (walls/trim/ceilings, light patch): $3.9k – $6.3k (range reflects $2.5–$4.0 per sf of living area) Deep clean (top-to-bottom, post-reno clean): $650–$850 Exterior pressure wash (siding/walks/fence) if HOA allows/required: $400–$650 New kitchen (demo → cabinets, L1 quartz, splash, sink/faucet, 4-pc stainless appliance pkg): Good: $14k (stock shaker, value appliances) Better: $20k (cab upgrades, quartz, nicer pulls/lighting) Best: $30k (ply boxes/soft-close everywhere, full tile splash, better appliances) One bathroom full gut (5'×8'): $8k / $12k / $18k (good/better/best) Two baths—vanity + toilet refresh (no wet-wall move): $2.2k / $3.5k / $5k (for both) Front/back landscaping (cleanup, edging, mulch/bark, shrub refresh): $1.8k / $3k / $5k Dump fees/misc small repairs: $800–$1.4k Contingency (12%) already baked into those totals above. Spec picks that sell (cheap & sexy): Floors: 20-mil wear-layer LVP (warm oak tone). Cabinets: white shaker + matte black pulls; Quartz: arctic/linen white; 3×12 subway splash. Bath gut: 12×24 light tile, black trim kit, framed glass only if comps show it.
1 like • Aug 20
This is gold
Welcome to Fix & Flip Goldmine 👷‍♂️💰
This is where we break down the real side of flipping houses: Finding undervalued properties 🏚 Running the numbers so you don’t get burned 🔢 Working with contractors (and avoiding the horror stories) 👷‍♀️ Selling fast for max profit 💵 Here we share wins, mistakes, before & afters, and strategies that actually work in today’s market. Whether you’re on your first flip or your fiftieth, this is where you’ll sharpen your edge. 👉 Start by dropping a quick post: What’s your biggest challenge right now in flipping?
2 likes • Aug 19
My biggest hurdle was switching to hard money. I had a terrible broker that gave them the wrong budget and of the 109k budget they only disburse 70k :( here are the numbers for that Pp: 200000 Rehab: (internal and little labor cost) 85k Appraisal: 515000 Long term Play: will be rezoned to 1-17 which will allow 17 more homes and 2 adu per home. We got into this with only hard money, we will pull about 30k out to hold as reserves while we wait for rezoning, permits and the utilities (1.5-2 years)
2 likes • Aug 19
@Michelle Kohlhoff this is going to be an excellent place to find the resources to buy back some of your time! Personally I recommend factoring management fees of 10% into the deal just so you can always have that done. Replace yourself in the business as fast as you can :) best of luck on your journey!
1-5 of 5
Alan Dague
2
7points to level up
@alan-dague-6587
I invest in the Willamette Valley and the Rogue Valley. I’m a commercial broker and a GC in Oregon

Active 19h ago
Joined Aug 19, 2025