Blog acreage Investment on Half an Acre!

Investment on Half an Acre!

By Olivia Rush, August 11, 2021

Congratulations to my clients Kerri and Manuel for securing their next investment property!

I met Kerri, Manuel, and their kids about 3 years ago at an open house. Last summer I helped them sell their rental in NE. Since then, they have been keeping their eyes peeled for years for their next investment opportunity.

They had set their sights on close-in Milwaukie, where Kerri works and the kids go to school. The ultimate dream was a house that needed some love (Manuel is a contractor) on a massive lot. Kerri, a kindergarten teacher, had been wanting to open a bilingual outdoor school. The big outdoor space for kids to explore, play, and learn about nature was key.

We toured many fixers and bare land properties in the area, but every one of them had a catch or received multiple offers. Recently, two homes very close to downtown Milwaukie popped up – both on a half acre, and right next to each other! The smaller (800 sq ft) was in good shape on the inside, and had a big shop with ADU potential, but the lot was sloping. The larger (1250 sq ft) needed a lot more work but had a flat yard. Plus, it was priced $25,000 lower than the smaller house.

It was a tough choice, but Kerri and Manuel ultimately went with the fixer. Structurally it was sound, and we were able to negotiate $12,500 off the price to put into electrical and roofing repairs. I am excited to see her long-awaited vision come to life. Cheers to a wise investment!

Olivia Rush

Broker | OR

She/Her

As your trusted guide through the buying or selling process, you can expect me to customize my services to your specific goals and preferences, much like I did for my students during my ten years as an educator. My clients’ goals vary. A couple retiring to the Big City after 30 years on 22 acres. A woman purchasing her first home independently. A couple upsizing to support a growing family. Two friends pooling their resources to make their first investment possible. A couple navigating a divorce and the sale of their home. A refugee family with limited English setting down roots in this country. Deaf investors looking to maximize profit on their flip.  A couple selling the home of their daughter who has lost her battle to cancer. A family relocating from across the country and buying sight-unseen.  These situations all require unique, dynamic, and holistic approaches. Everyone has different needs, and it is my top priority to meet my clients where they are. For me, real estate is not transactional. It is deeply personal and inevitably life-changing. While each client requires a tailored strategy, my work ethic is unwavering. With me you can always expect organization, tenacity, responsiveness, dedication, and hustle. A gatherer of resources, a communicator of all options and possible outcomes. As your advocate, I will be brutally honest so you know what to expect. A skilled negotiator, I’ll consider every angle with your dreams and goals in mind. My clients often end up feeling like family. I am honored they trust me enough to return to me as their needs change and refer me to their friends, family, and communities. What are your real estate goals and dreams? Call or text me so we can meet to discuss your vision.   Curious about the home-buying process in Portland? Click here to sign up for one of my free The How To Buy A House Class™ classes!
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  • T: 207-240-8837
  • oliviarushpdx@gmail.com

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