Blog Buyer Metamorphosis In Progress

Metamorphosis In Progress

By Kim Parmon, January 11, 2019

Eugene is not your typical investor.  He is careful.  He is diligent.  And above all, he is patient.  So patient, in fact, that we have been looking for a project for him for an entire year.  In my experience, the biggest mistake investors make when purchasing a flip is being too eager or emotionally invested.  They mentally commit to a project and stick with it even if the numbers aren’t working out right.

Eugene, on the other hand, has the patience of a monk.  We have written numerous offers over the past year and without success.  In each instance he worked his numbers, stuck to his guns, and walked away when he thought he might be paying too much.  When other people would have bid higher to win out Eugene chose to let things go.  As an experienced contractor, Eugene has the eye needed to quickly evaluate a property and really know what fixing it might cost, which helped him feel confident in his decisions.

After all of this time searching I finally found a property that wasn’t listed on the RMLS through an investor that I have a longstanding relationship with.  Because of this relationship Eugene was given first priority in a multiple offer situation and was able to win out despite the competition!

Eugene closed on this house today and I could not be more happy for him.  Having the fortitude to be patient when looking for a project is an admirable trait!  I know the work he will do to bring the house back to life is going to be of the highest possible quality and I can’t wait to see the transformation!

 

Are you looking for a fixer?  I’d love to help!

503-438-5101

kim@livingroomre.com

Kim Parmon

Broker

Kim is the first person who will tell you she never expected to be a Realtor. She's had many creative jobs in the past and spent years as a high-volume bartender-turned-bar owner, which she feels gave her an essential skill that translates beautifully into her career in real estate: the ability to juggle 1,000 things at the same time while keeping everyone calm! She became obsessed with buying a house after the market crashed in 2009, finally buying her very first teeny-tiny dilapidated bungalow as a short sale in 2011. She and her husband, Matt, spent a few years fixing it up, then sold it for a profit and bought another project. And then they did it again. And the rest is history! Kim's talent for finding diamonds in the rough has made her into one of Portland's most sought-after investment Realtors. She loves seeing the missed potential in properties and has all kinds of tricks up her sleeve to find great investments but this talent is equally useful when it comes to traditional buyers and sellers. When you buy a home with Kim's assistance you can be sure that she is looking at all angles of the purchase to make sure it aligns with your financial goals as well as your lifestyle and she will stop at nothing to make sure you are taken care of! Some of her clients think she's gotten their offers accepted through sheer force of will! When you list a house with her she will go above and beyond to present your house in the best possible light to make sure you maximize your return on investment. Above all else, Kim prides herself on her integrity and believes that everyone deserves a caring Realtor partner who truly listens and tries to do what's right for her clients, even when no one is looking. She is thrilled to call this beautiful city home and can't wait to help you make your dreams come true through real estate.
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  • T: 503-438-5101
  • kim@livingroomre.com

Kim Parmon

Broker


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