Looking to invest in real estate in Eugene? Whether you’re a parent, grandparent, or a first-time investor, there are a variety of opportunities worth exploring—according to Gary Raze of Lane County Listings.
Gary sat down to discuss three key real estate investment avenues in Eugene: student housing, rental properties, and fixer-uppers.
1. Student Housing: A Win-Win Strategy
Student housing near the University of Oregon can be a smart long-term play. Gary shares how many families, particularly grandparents, are helping their college-bound grandkids by purchasing homes near campus. The students can rent out extra rooms to roommates, helping cover the mortgage.
“At the end of three or four years, they move out—you sell the home and make an extra $100,000,” Gary notes.
This approach helps students with housing and builds wealth for the family at the same time.
2. Traditional Rentals: Caution and Potential
For investors not interested in student housing, Eugene’s rental market still offers solid potential. Gary reminds new investors to be realistic: the property must pay for most of its mortgage, be maintained well, and have reliable tenants.
“Any missed payment is a hardship,” Gary warns, “but if you’re handy and committed, rental properties can generate long-term wealth.”
3. Fixer-Uppers & Foreclosures: Proceed With Caution
The foreclosure market in Lane County is currently weak, thanks to rising property values. For those considering fixer-uppers, Gary advises caution.
“Fixer-uppers sound good, but unless you’re handy, hiring contractors can make the investment unprofitable—at least in the short term.”
💬 Thinking About Investing in Eugene?
Whether you’re buying for your college student, investing in rentals, or tackling a fixer-upper, Gary Raze has the insights and experience to guide you.
📞 Phone: (541) 554‑5825
✉️ Email: garyraze@remax.net
📍 Office Address:
4710 Village Plaza Loop, Ste 200
Eugene, OR 97401
🌐 lanecountylistings.com