No Better Gamble Than Real Estate.

My sewer scope guy has had spirals in his eyes about cryptocurrency this past year.  As tempting as it was to throw a few thousand dollars out into the ether, I just couldn’t bring myself to do it because I’m not a numbers person and knowing that, it would just be blind betting.  The second I start even reading about Bitcoin or crypto, I fall asleep.  I thought about just having him manage it for me, but this last time I asked him how it was going and he told me he was down considerably,  I decided it’s too “get rich quick” for me.  I’d rather play video crack and at least have some whiskeys if I’m going to throw my money away.

One thing that is for sure is that they’re not making any more land.  We sold this little house (800sqft) 3 years ago to our clients as an investment property.  They already owned a beautiful mid-century in Woodlawn, then the house behind them came up for sale and they bought that too.  Realizing the window was closing for anything under $250k, even in St. Johns, they jumped back in the market again to buy one more rental.  It was cute to start, it needed some paint, a roof, and cosmetics, but otherwise solid.  Here we are just a few short years later and this little house is selling for $150k more than they bought it for. Not a bad return.  I don’t think it gets better than that, folks.

Reg Martocci

Broker

Originally from Worcester, Massachusetts my love affair with real estate began when I was 19 and owned my first triple-decker. Being a landlady at 19 quickly taught me  the importance of learning DIY skills to turn an old junky three-decker into a place someone would love to call home.  There is nothing more satisfying to me than watching a property transform.  Since then, I have been fascinated by the idea of home and the aesthetics that appeal to people and warm a space up. What is it about a space makes a person feel at home?  Is it an open floor plan? A garden? Hardwood floors or a south facing kitchen?  It is different for everyone and I would love the opportunity to help you find it. I graduated from Umass Amherst with a degree in Sustainable Living and Natural Health and naturally moved to Portland to find my people. Waiting tables and bartending all over Portland for the last 10 years has allowed me to really get to know many of the neighborhoods this beautiful city has to offer.  I've lived in and rented houses all over Alberta, Concordia, Hawthorne and Division until buying a house and settling in Kenton two years ago. If I'm not working you can bet that I'm somewhere in Oregon thrifting, at the river, working on my house, or catching happy hour with friends. Reg Martocci reg@livingroomre.com 508-340-1456 t 503-961-8224 f

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• T: 508-340-1456
• F: 503-961-8224
• reg@livingroomre.com