Tuesday, September 28, 2010

SOLD! - Six Units on N Rosa Parks Way

We are pleased to announce the sale of a 1975-built six unit property located at 2513 N Rosa Parks Way in Portland, Oregon.  This property sold for $315,000 at a 6.75% Cap Rate.  View the detailed property website here:  http://www.josephbernard.net/index.php?page=Properties&func=view&pid=648


Tuesday, September 21, 2010

More People Are Now Renting By Choice

Chicago-According to a new survey conducted by Apartments.com, a notable percentage of people actively looking to lease in today’s apartment market are not hunting because they have to rent but because they want to rent. The Chicago-based national apartment Internet listing subscription service found that of the 2,700 website visitors who participated in the survey, 60 percent noted that they would rather rent than buy.

The survey respondents’ preference for renting is not all about money or a lack thereof; it’s about the advantages apartment living offers. Their top reason for foregoing the homebuyer route is the ability to live maintenance-free and have easy access to coveted amenities. Surely, the average homebuyer is not going to end up with a single-family residence encompassing a clubhouse and well-furnished, state-of-the-art fitness center. The opportunity to live in a great neighborhood that would otherwise be unaffordable and greater freedom to relocate also made the list of reasons why renting is more desirable.

Apartments.com also found that the nation’s pool of renters consists of an increasing number of newbies. Approximately 30 percent of those who participated in the survey noted that they are entering the apartment market for the very first time, and 34 percent have been apartment dwellers for four years or less. Of course, there are former homeowners in the growing renter population, too. And while financial challenges have spurred many of them to take to the apartment market, a whopping 34 percent indicated that they simply prefer to rent.

Apartments.com has found the survey’s conclusion that the nation’s population of renters is on the rise again is backed by additional evidence. The apartment listing service saw “record-breaking traffic” during the first six months of 2010.

Article by Barbra Murray, Contributing Writer to Multi-Housing News Online.
Read the original article posted at Multi-Housing News Online

Wednesday, September 15, 2010

SOLD! - 8 Units on N Portsmouth Avenue in Portland, OR

We are pleased to announce the sale of an 8 unit apartment building located at 7816 N Portsmouth Avenue.  This property sold for $347,063 on September 14, 2010 at an 8.65% cap rate.  The building was built in 1910 and featured individual storage units, on-site laundry, and a large parking lot.  For further information on this transaction, please contact the selling broker Joseph Chaplik.


Tuesday, September 14, 2010

ProSchools Students: Commercial Real Estate Job Opportunity

ProSchools is proud to offer an exciting opportunity for ProSchools’ students to meet and interview with one of the top commercial real estate companies in Portland! Normally it takes years of experience for a real estate broker to be considered for this type of position.


I met with Joseph Chaplik, President/Principal Broker at Joseph Bernard Investment Real Estate who will be attending our upcoming ProSchools’ Broker Fair . Joseph Bernard, LLC is a leading commercial real estate company located in Portland.  They specialize in apartment brokerage, and working with investors on wealth building through apartment investing.  Joseph Chaplik will consider hiring and training the right individual straight out of real estate school. This is an amazing opportunity for the right individual!


What I found inspiring about Joseph Chaplik, was his sense of professionalism and integrity. The Portland Business Journal presented him with a “ Top 40 Under Forty” business leader award and recognized Joseph Bernard, LLC as one of the Top 25 Commercial Real Estate Firms in Oregon in 2009 and 2010. Oregon Business Magazine named Joseph Bernard, LLC on their Top Commercial Real Estate Firms POWERLIST.  Joseph Bernard, LLC was also named as a finalist for the  Oregon Ethics in Business Award. Joseph Chaplik is routinely a guest speaker on radio station 750 KXL AM for the Business Briefing with Brian Bushlach on Sundays. These are outstanding accomplishments for an entrepreneur under the age of 40!


The right person(s) will be success driven, highly motivated individual. Joseph Bernard, LLC will provide training in apartment brokerage, pre-sales analysis, asset management, 1031 exchanges and so much more! The Joseph Bernard, LLC  website has great information on the company, their team and the apartment industry. Also, check out the Barry Apartment Report which demonstrates the latest trends and statistics in the apartment sales.


ProSchools’ Broker Fairs bring together ProSchools’ students and a variety of residential real estate companies in the Portland metro area. We are glad to welcome Joseph Chaplik to our broker fair team! He will definitely bring ProSchools’ students a different prospective in starting a career in real estate. 
Broker Fair: Tuesday, September 14, 2010, 4:30 - 6:00 at our Cedar Hills classroom location. Contact ProSchools for more information and directions at 503-297-1344.   The classroom is accross the street from our administration building, in the Cedar Hills mall.


Original article posted by Cindy Lewis of ProSchools. View the blog here:
http://blog.proschools.net/realestate/

Wednesday, September 8, 2010

SOLD! - Hunter's Highland Apartments in Gresham, OR

Joseph Bernard Investment Real Estate is pleased to announce the sale of the Hunter's Highland Apartments, a 23 unit complex located in Gresham, Oregon.