Buying Land in Portland Metro: 15 Things to Know First

🏡 Episode Summary

Buying vacant land sounds simple: find a great lot, design your dream home, and build. But in the Portland real estate market, “buying dirt” comes with layers of due diligence that can make or break your project.

In this episode of Off the Record, Joe and Makayla break down the 15 most important factors to consider before purchasing land—from zoning and setbacks to utilities, financing, insurance, and resale value. Whether you’re eyeing acreage in Yamhill County, a view lot in the hills, or beach property on the Oregon Coast, this conversation will help you avoid expensive surprises.

If you’re considering building in the next 1–3 years, or simply curious how land purchases work differently from traditional home buying, this episode is a must-listen.

⏱️ Episode Highlights

[00:01:08] – What “Buying Dirt” Really Means
Why purchasing vacant land is completely different from buying a resale home.

[00:03:28] – Off the Record: Open House Confession
Joe shares why open houses rarely sell homes—and who they’re really for.

[00:08:31] – Zoning & Land Use Regulations
Residential vs. agricultural vs. mixed-use—and why zoning is step one before anything else.

[00:09:53] – Setbacks, Height Restrictions & Short-Term Rental Rules
How local regulations (especially in places like Cannon Beach) can impact your plans.

[00:11:58] – Why You Need a Broker When Buying Land
Land due diligence is complex. Here’s why professional guidance matters.

[00:12:51] – Access & Easements Explained
Legal and physical access, road maintenance, and who’s responsible.

[00:13:18] – Utilities: Water, Sewer, Power & Internet
Well vs. city water, septic systems, electricity costs, and why internet access can make or break a deal.

[00:14:52] – Soil Stability, Flood Zones & Fire Risk
Wetlands, environmental overlays, and the increasing importance of insurability.

[00:16:02] – Topography & Building Envelope
Why a 2.5-acre lot doesn’t always mean you can build anywhere on it.

[00:18:09] – CC&Rs & HOA Restrictions
Architectural guidelines, materials, square footage minimums, and community rules.

[00:19:00] – Title, Easements & Boundary Surprises
From shared driveways to mineral rights—what can show up in a title report.

[00:25:31] – True Building Costs & Timeline Expectations
Driveways, landscaping, permits, and why 9 months may be optimistic.

[00:29:32] – Financing Land vs. a Home
Higher down payments, shorter loan terms, and construction-to-permanent loans.

[00:31:32] – Insurance & Taxes
Why vacant land taxes are different—and what happens after you build.

[00:33:05] – Future Development & Resale Considerations
Data centers, highways, school districts, and long-term value planning.

[00:34:06] – The Team You’ll Need
Broker, builder, lender, surveyor, soil engineer—who should be involved and when.

📣 Thinking About Building? Let’s Talk.

Every home was once just a piece of dirt. The difference between a smart investment and a costly mistake often comes down to preparation.

If you’re considering buying land in Portland or the surrounding areas, visit LivPortland.com to connect with the team, explore listings, or schedule a consultation.

Thank you for listening to this episode. Stay up to date on the latest trends and insights by subscribing to our podcast and following us on social media.

For more information about buying or selling in the Portland Metro real estate market, please visit www.LivPortland.com or contact us directly.

We appreciate your feedback, so please leave a review and let us know what topics you would like to hear more about.

Transcript

00:00:08:18 - 00:00:29:13
Joe Reitzug
Welcome to Off the Record talking real estate with Joe and Makayla If you're interested in the Portland, Oregon real estate market and want the unvarnished inside scoop, you've come to the right place. Thanks for giving us a listen. Okay, welcome, everyone to the show. Thanks for joining us. Hello, Makayla Mast.

00:00:29:13 - 00:00:31:15
Makayla Mast
Hello, Joe Reitzug how are you today?

00:00:31:19 - 00:00:41:02
Joe Reitzug
I am doing great. Thanks so much. I'm just so happy to be here. The sun's coming out. Can I get my favorite beverage next to me?

00:00:41:04 - 00:00:42:11
Makayla Mast
Not sponsored.

00:00:42:13 - 00:00:43:07
Joe Reitzug
No. Sponsored.

00:00:43:11 - 00:00:44:09
Makayla Mast
Could be sponsored.

00:00:44:10 - 00:00:46:05
Joe Reitzug
Not yet. We're waiting.

00:00:46:06 - 00:00:47:00
Makayla Mast
We keep at it.

00:00:47:02 - 00:01:08:10
Joe Reitzug
We're waiting to hear back from them. But, yeah, we're going to be waiting for a while. But today's show is a, really good one, because, yeah, there's a lot of people out there doing this right now, but we're going to talk about buying dirt, which is the lingo in the real estate community for when you want to buy a piece of land to build on it.

00:01:08:12 - 00:01:27:07
Joe Reitzug
So we are going to talk about what you should consider when you're looking at buying dirt to build a home. Because a lot of people go, you know, hey, it's in the location I want. Maybe it's got a view, maybe it's whatever. And they just look at it and go, okay, it's big enough. Can I put a home on it?

00:01:27:08 - 00:01:29:00
Joe Reitzug
Great. Bang. Let's go.

00:01:29:00 - 00:01:30:12
Makayla Mast
Right. There's a lot to consider.

00:01:30:13 - 00:01:35:10
Joe Reitzug
There is a lot to consider, a lot to think about due diligence. And we're going to run you through it.

00:01:35:11 - 00:01:46:06
Makayla Mast
Yes we are. I'm excited about this. I think when people think about buying a vacant lot, they they get to overwhelm to even consider diving into it. So I'm excited to break this down.

00:01:46:08 - 00:02:11:02
Joe Reitzug
Yeah. There either 1 or 2 things. They're either too eager and are like too much like, let's just buy. Wait wait wait, hold on a second. We got a few hoops to jump through. Right. Or there, like, we know some of the things that have to be done and it's too daunting and you know all of that. I think it's a good middle ground of it's not a lot if you know the things like everything we're going to go through here.

00:02:11:08 - 00:02:17:05
Joe Reitzug
It's not that big of a deal, but it's also these are these are things that you should definitely consider.

00:02:17:06 - 00:02:19:06
Makayla Mast
Yeah. Yeah. Absolutely. Okay.

00:02:19:12 - 00:02:20:19
Joe Reitzug
Would you ever build a home?

00:02:20:21 - 00:02:25:22
Makayla Mast
Oh, yeah. Oh, yeah. Had enough capital and time. That's what's scary, right?

00:02:26:03 - 00:02:26:20
Joe Reitzug
Yeah.

00:02:26:22 - 00:02:33:02
Makayla Mast
And how long it's going to take? Yeah. The money you're dumping into it. How long you have to pay for your existing mortgage.

00:02:33:02 - 00:02:34:16
Joe Reitzug
That's a whole nother podcast, right?

00:02:34:17 - 00:02:37:15
Makayla Mast
We'll get into our our timeline financing.

00:02:37:15 - 00:02:41:09
Joe Reitzug
And when you're ready financially to build a home.

00:02:41:12 - 00:02:43:12
Makayla Mast
Yeah. Would you do it?

00:02:43:14 - 00:02:44:09
Joe Reitzug
Did it.

00:02:44:11 - 00:02:46:18
Makayla Mast
Oh, yeah. Yeah. Long time ago.

00:02:46:22 - 00:02:48:19
Joe Reitzug
Long time ago. Yeah.

00:02:48:21 - 00:03:07:08
Makayla Mast
But we love your house. It's for that. Oh. Thank you. Okay. But before we dive into that, we have to start with our first segment, which is our off the record moment. So this is your first time listening. We start the episode off every time with this. Our off the record moment can be real estate or not real estate related.

00:03:07:10 - 00:03:21:11
Makayla Mast
It's a hot take or a confession. Something off the record that we wanted to share with you.

00:03:21:13 - 00:03:24:09
Joe Reitzug
Yeah. And, I'm going to go real estate version this.

00:03:24:10 - 00:03:25:06
Makayla Mast
Okay. Let's hear.

00:03:25:09 - 00:03:26:04
Joe Reitzug
Do you want me to go first?

00:03:26:05 - 00:03:27:00
Makayla Mast
Yes, I do. I just.

00:03:27:00 - 00:03:27:22
Joe Reitzug
Kind of jumped out there, but.

00:03:27:22 - 00:03:28:21
Makayla Mast
I like it.

00:03:28:23 - 00:03:37:01
Joe Reitzug
Hot. Take. And this may shock you that I'm saying this, but probably not shock you that I feel this way, but not a fan of open houses.

00:03:37:03 - 00:03:42:06
Makayla Mast
Oh, I'm so glad you finally said a.

00:03:42:07 - 00:03:44:07
Joe Reitzug
Came out of the closet. That one? Yeah.

00:03:44:10 - 00:03:49:13
Makayla Mast
Does that mean you have to do on this weekend? No. Oh, good. You're maybe already dreading.

00:03:49:13 - 00:03:57:16
Joe Reitzug
Little no, no, I wanted to do one for, some clients of mine. They were like, we think we're good for this weekend. I was like, oh.

00:03:57:17 - 00:04:01:10
Makayla Mast
You're like, oh, me too. Yeah.

00:04:01:12 - 00:04:20:20
Joe Reitzug
And the reason that I say that is a lot of the public do not know that open House is the main reason brokers do open houses is to meet people that are looking to buy homes, and rarely do those who sell a home that you're holding open. Right? I think in 31 years in the business, I've done it twice.

00:04:20:22 - 00:04:21:21
Makayla Mast
Wow.

00:04:21:23 - 00:04:48:05
Joe Reitzug
And I'm surprised there's twice. And for the number of open houses I've done, that's pretty incredible. But brokers do it to meet home buyers that are, you know, not being represented. And hopefully they can meet up with them. And, and are a good connection and can help them find a home. Right. That's great. As far as getting exposure, most of the exposure is just for the neighborhood, which is also, you know, there's some benefit to that.

00:04:48:09 - 00:04:58:12
Joe Reitzug
But I, I'm thinking of one, a fantastic property that we're representing right now. I mean, it is incredible. I've held it open three times. I've had 30 people through.

00:04:58:14 - 00:04:59:18
Makayla Mast
And I found that one. It's very.

00:04:59:18 - 00:05:03:10
Joe Reitzug
Open. Yeah. And I think 20 of the 30 were neighbors.

00:05:03:10 - 00:05:05:13
Makayla Mast
Right? Yeah. That was my experience in that neighborhood.

00:05:05:13 - 00:05:14:09
Joe Reitzug
Zero interest in buying or selling. Love the neighborhood. When think of moving. Right. We're just curious to see the home which is which is fun.

00:05:14:10 - 00:05:22:02
Makayla Mast
Yeah. Which is. And that's why we do that. At least one for every listing. But yeah, it's not productive. No sale of your home.

00:05:22:06 - 00:05:27:23
Joe Reitzug
You'll be interested to know that all open houses used to be three or even four hours.

00:05:27:23 - 00:05:29:22
Makayla Mast
Makayla, that sounds like.

00:05:29:22 - 00:05:30:13
Joe Reitzug
A for.

00:05:30:18 - 00:05:33:17
Makayla Mast
Sure. No, no, I would.

00:05:33:19 - 00:05:35:00
Joe Reitzug
And that's before Wi-Fi.

00:05:35:03 - 00:05:38:02
Makayla Mast
I guess. Oh, yeah. No. What are you sitting there reading?

00:05:38:02 - 00:05:45:22
Joe Reitzug
Books by lamp. Yes, I buy oil lamp with, powdered wigs.

00:05:46:00 - 00:05:50:19
Makayla Mast
Yeah. So I, I feel free. I'm sorry. Yeah, yeah. That's brutal.

00:05:50:21 - 00:05:53:06
Joe Reitzug
So anyways, that that was my confession.

00:05:53:06 - 00:05:53:17
Makayla Mast
Not used.

00:05:53:17 - 00:06:06:20
Joe Reitzug
My authorized confession for the day is not a big fan of open houses. I'll do them. If you know the property requires it, we might have a chance at getting someone, but for the most part, not a good way of marketing a home.

00:06:06:20 - 00:06:08:04
Makayla Mast
No, no, I agree.

00:06:08:10 - 00:06:09:05
Joe Reitzug
Anyways.

00:06:09:07 - 00:06:22:19
Makayla Mast
Okay, mine is not, at all real estate related. It's a hot take. My hot take is that people need to chill out with the protein. Okay, I get it. Protein. Can someone.

00:06:22:19 - 00:06:23:14
Joe Reitzug
Disagree.

00:06:23:15 - 00:06:38:06
Makayla Mast
Is important. No, no, no it's not. I'm saying I mean, like companies I need to chill out with the protein. We don't need protein in our brownies. Like, calm down. Just eat a brownie. Right? We don't need that protein in our Starbucks. Whatever.

00:06:38:06 - 00:06:41:06
Joe Reitzug
We don't need 16g of protein in our pancakes.

00:06:41:06 - 00:06:45:14
Makayla Mast
No. It's ridiculous. Just eat a pancake. Eat a sweet treat. Have your coffee.

00:06:45:14 - 00:06:47:06
Joe Reitzug
How do you feel? Good for.

00:06:47:08 - 00:06:47:11
Makayla Mast
The.

00:06:47:11 - 00:06:49:10
Joe Reitzug
Taste of whatever you're consuming.

00:06:49:10 - 00:06:58:08
Makayla Mast
Then fine, you can do it. I'm just tired of being marketed this protein when I know I'm getting enough protein. And I'm like, oh, maybe I should buy protein brownies.

00:06:58:09 - 00:06:59:00
Joe Reitzug
Yeah, yeah.

00:06:59:00 - 00:07:00:16
Makayla Mast
Why? Why do you see the brown?

00:07:00:21 - 00:07:05:06
Joe Reitzug
Well, let's just start putting creatine and all sorts of stuff in there. Fish oil.

00:07:05:06 - 00:07:05:22
Makayla Mast
Everything.

00:07:06:04 - 00:07:13:07
Joe Reitzug
Everything they say is healthy. Let's just throw it all in there. Would save me from having to take 87 vitamins every day.

00:07:13:09 - 00:07:16:03
Makayla Mast
There you go, there you go. But that's my hot take.

00:07:16:06 - 00:07:17:08
Joe Reitzug
That's a salad. Hot take.

00:07:17:08 - 00:07:22:09
Makayla Mast
Thank you, thank you. I had this epiphany in Costco, and I was like, I have to share this.

00:07:22:12 - 00:07:25:06
Joe Reitzug
Yeah, yeah. Okay. Okay, good.

00:07:25:08 - 00:07:29:06
Makayla Mast
There we have it. For the record moment. Do you feel. Got it off my chest.

00:07:29:09 - 00:07:43:06
Joe Reitzug
It is the off the record confessional with Father Joe and sister Makayla okay. With that being the old Catholic boy that I am. Yeah. So with that, let's talk about buying dirt.

00:07:43:09 - 00:07:44:19
Makayla Mast
Yes, let's do it.

00:07:44:21 - 00:07:50:07
Joe Reitzug
The old Catholic boy that I am. Yeah. So with that, let's talk about buying dirt.

00:07:50:09 - 00:07:52:02
Makayla Mast
Yes, let's do it.

00:07:52:04 - 00:08:16:17
Joe Reitzug
So if you're looking at building a home, you're looking at, where you're going to build that and looking at lots and that type of thing, there's a lot to consider. And, we've got 15 bullet points for you. Don't worry. We're going to move through these pretty quickly. Yes. And if you're interested, you can go to LivPortland, LivPortland and click on the podcast button and, look at the show notes for this.

00:08:16:17 - 00:08:28:01
Joe Reitzug
We'll have all the notes in there so that you can take a look, download it if you want, and, uses use it as your handy guide for when you're looking at buying a piece of land to build your home.

00:08:28:06 - 00:08:31:05
Makayla Mast
Love that. Yeah. Okay, let's get into it.

00:08:31:05 - 00:08:31:22
Joe Reitzug
Kick us off.

00:08:31:22 - 00:08:53:21
Makayla Mast
Okay. Number one, the first thing we consider, is zoning and land use regulation. So you're scrolling on LivPortland.com. You're looking for, you know, vacant land to buy. You find a lot that you like, you send it to us. The first thing that we're going to look at is what is it zoned. Yeah. Is it residential? Agricultural.

00:08:53:21 - 00:08:54:18
Makayla Mast
Mixed use.

00:08:54:18 - 00:08:57:10
Joe Reitzug
Commercial exclusive farm use.

00:08:57:11 - 00:09:01:15
Makayla Mast
Sure. Yeah. So many. I mean, I couldn't even list them. All right. Now. Just real.

00:09:01:15 - 00:09:03:06
Joe Reitzug
Mixed use. I mean, here we go.

00:09:03:08 - 00:09:09:09
Makayla Mast
Here we go. He's got it's very obviously you can't build a home similarly home on most of those.

00:09:09:09 - 00:09:29:03
Joe Reitzug
So yeah. So zoning is a no brainer. And most of the time when a broker is, you know, marketing land, they'll state that right up front. But usually you will also see, it's up to the buyer to make sure that the land is buildable per the county of the city that's, that it's located in. So I always want to take that into account.

00:09:29:03 - 00:09:47:15
Joe Reitzug
The other thing is lot size, and there's no real the rule of thumb, as far as I'm going to build a 3000 square foot house, I need X amount of land. Doesn't really work that way. It kind of depends on the land itself. Right. How much, how big is the building envelope? That's available. Those type of things.

00:09:47:15 - 00:09:53:02
Joe Reitzug
But lot size is definitely a consideration. You're going to want to have setbacks is a big one.

00:09:53:06 - 00:09:58:22
Makayla Mast
Yeah. That's what I was thinking about because with well, I mean, if you're in a neighborhood and setbacks are obvious.

00:09:59:01 - 00:10:00:23
Joe Reitzug
Why don't you tell everyone what a setback is?

00:10:01:01 - 00:10:13:05
Makayla Mast
Okay, well, I'll try. A setback is the amount the property has to be built away from, like the home next to it or the road in front of it or behind it.

00:10:13:07 - 00:10:26:20
Joe Reitzug
Right? Yes, yes. Okay. So the home itself has to be a certain number of feet from like the property line, all sorts of different stuff. So knowing the setbacks is pretty good. And by the way good job on that.

00:10:27:02 - 00:10:41:12
Makayla Mast
Thanks. Yeah I know what it is. I just didn't know how to articulate it. But remember when the zero line setback became approved for some of the new builds? Yeah, yeah, that was insane. So I mean, we've toured some of those and it's crazy. You're walking on the.

00:10:41:13 - 00:10:43:02
Joe Reitzug
Dirt in between the two.

00:10:43:02 - 00:10:45:22
Makayla Mast
Yeah. And it's you're like right up against the next home.

00:10:45:23 - 00:10:50:05
Joe Reitzug
So I love putting you on the spot. You're pretty good. You're good on your feet.

00:10:50:07 - 00:10:51:22
Makayla Mast
Thank you. I wish you.

00:10:52:00 - 00:11:13:18
Joe Reitzug
Height restrictions and density limits, you know, manufactured or modular homes are all part of the zoning and land use and then short term rental restrictions. So if you're build it, like if you're out at the beach and there's a piece of dirt and let's say Cannon Beach and you're like, Holy smokes, I could build a house on this, do a short term rental and stay in it.

00:11:13:19 - 00:11:28:08
Joe Reitzug
Short amount of time myself. Yes, maybe, but definitely look into it, because I know for a fact that, like Cannon Beach has, you know, they have restrictions, right? And wait less and designated areas and that type of thing. That's a whole nother thing, right?

00:11:28:09 - 00:11:34:11
Makayla Mast
But you don't want to wait to figure that out. If you are counting on the income from the short term rental. So something to consider.

00:11:34:11 - 00:11:58:22
Joe Reitzug
So get familiar with the the local planning or zoning department website because a lot of that information, you can just go check out on their websites and it will tell you, and also before we go any further, you know, if you're looking at buying a piece of land to build, you may have your builder, but having a real estate broker involved is highly, highly recommended because a they can do a lot of this legwork for you.

00:11:59:00 - 00:12:04:06
Joe Reitzug
Be they're going to know what you should and shouldn't be looking for with this.

00:12:04:08 - 00:12:12:21
Makayla Mast
Absolutely. Yeah. I was just going to say I've gone down to the county myself. Yeah. On more than one occasion to ask zoning questions. So. Great. I mean.

00:12:12:23 - 00:12:19:20
Joe Reitzug
The county was on the, I was on the Yamhill County land Use planning website this morning. Oh.

00:12:19:22 - 00:12:22:20
Makayla Mast
I thought you're going to say you're on the board of Quirks.

00:12:22:22 - 00:12:25:00
Joe Reitzug
No, no, no, no.

00:12:25:02 - 00:12:51:21
Makayla Mast
Okay, so point number two, point is access to the property. This might seem obvious, but you must confirm legal and physical access. So a lot of times there are easements on property, whether it's I mean, it could be a trillion different things, but typically it's like utilities related. So electrical or plumbing or sometimes it's a safety thing for the fire department, whatever it is.

00:12:52:00 - 00:13:07:23
Makayla Mast
Is the road public or private? Obviously something to consider if you're responsible for maintaining the road further down the line. Of course, who maintains the road? Is it usable? Does the property flood or the access points flood? All things to ask.

00:13:08:02 - 00:13:18:07
Joe Reitzug
Yeah. And if any of those things aren't in place, they have to be. Otherwise they're not finance. So. Right. You got that going through. What about utilities and infrastructure.

00:13:18:07 - 00:13:38:21
Makayla Mast
Oh this is so important. A big thing to consider when we're talking about valuing how much this dirt is even worth. So is there currently water? You know, oftentimes if this is a lot within city limits, it'll be connected to city water. Great. If it's not, it'll likely have to have a well put in. Those are expensive.

00:13:38:23 - 00:13:43:04
Makayla Mast
Sewer is you know, are they connected to public sewer or will it need a septic tank.

00:13:43:04 - 00:14:00:09
Joe Reitzug
Has the Perc test been done right? Have the test wells been dug? All those type of things. Electricity. How far is the nearest power connection? What does it cost to bring power to the lot? Is also one that, I remember years ago, I found out that that is extremely expensive.

00:14:00:11 - 00:14:04:06
Makayla Mast
Yeah, I'm usually about to talk about water and sewer.

00:14:04:09 - 00:14:05:18
Joe Reitzug
Yeah, power is a big one to.

00:14:05:18 - 00:14:06:07
Makayla Mast
Pay, but.

00:14:06:12 - 00:14:18:08
Joe Reitzug
Also gas. You know, natural gas or propane. What are you going to be using? Is there access to gas or will you have to have your own propane tank? And then also the last one internet.

00:14:18:10 - 00:14:30:12
Makayla Mast
I know it's we sold the property last year. Yeah. This is a big conversation. Yeah. Out in banks they could only have Starlink internet and it worked. But you know they went through the ringer to get there.

00:14:30:14 - 00:14:42:12
Joe Reitzug
Starlink's been a game changer though a lot of places. I remember when the the first couple of decades for the internet, you know, that was a big thing. And if you couldn't get internet connection, no sale.

00:14:42:12 - 00:14:42:21
Makayla Mast
Right?

00:14:43:02 - 00:14:43:11
Joe Reitzug
Right.

00:14:43:11 - 00:14:44:07
Makayla Mast
Crazy.

00:14:44:09 - 00:14:51:03
Joe Reitzug
But now Starlink is around and you can really just dial into it, and it's as good or better than what you're going to be able to get. So yeah.

00:14:51:03 - 00:14:51:20
Makayla Mast
Absolutely.

00:14:52:02 - 00:14:53:03
Joe Reitzug
That's a big one.

00:14:53:05 - 00:14:58:14
Makayla Mast
Okay. The other thing is soil and environmental considerations. Ooh, that's a good one.

00:14:58:14 - 00:15:19:15
Joe Reitzug
Yeah yeah soil stability is a big one. Are you going to be trying to build on fill in. By fill we mean they took the dirt from one spot and filled it in to the place where you're going to be building. That's a big one to ask flood zone status. Is there a wetland close by or within your lot line?

00:15:19:17 - 00:15:21:02
Makayla Mast
If so, how much does a flood?

00:15:21:04 - 00:15:43:01
Joe Reitzug
Yeah, the wetlands overlay on on a lot of lots is just because it has wetlands doesn't mean that you can't build on it. It just means you have different setbacks and it gets a little bit more, complicated. Right? There's also environmental protection or habitat restrictions. You know, certain animals are protected. And if that's their home and it's been designated their home.

00:15:43:06 - 00:15:46:09
Joe Reitzug
Good luck with that. Right? Oh, isn't that a no kidding.

00:15:46:09 - 00:15:47:12
Makayla Mast
Probably an owl.

00:15:47:13 - 00:15:49:20
Joe Reitzug
The big one that we're seeing is fire risk.

00:15:49:20 - 00:15:52:00
Makayla Mast
Right? Just awful.

00:15:52:04 - 00:16:02:00
Joe Reitzug
I know, and we actually show that on our website. The fire risk number. It's a 1 to 10 scale. That's been a big one when it comes to insurance. Right.

00:16:02:02 - 00:16:10:22
Makayla Mast
Which is hard. It's you know, it's nice to know, but it's also just an algorithm. So it can really freak people out. I've gone falling out of contract over that.

00:16:11:03 - 00:16:11:10
Joe Reitzug
Yeah.

00:16:11:13 - 00:16:12:11
Makayla Mast
Which is fair.

00:16:12:12 - 00:16:36:13
Joe Reitzug
Number five topography and build ability. Now that's, you know, topography for everyone that's kind of going like okay, what does that mean that, you know, not everything's flat. And some of the lots that people build on, especially here in Portland and around these areas, in the market area here, a lot of hills, but you can build on those.

00:16:36:13 - 00:17:02:19
Joe Reitzug
It's just a matter of what kind of build you're going to do. You know, I have a lot we have a development out in McMinnville that we're representing right now, Archer View Ridge, outstanding properties out there, two and a half acres or more. And, one of the lots is two and a half acres, but there's really only one building envelope that you can build on it because the rest of it is so steeply sloped.

00:17:02:19 - 00:17:23:02
Joe Reitzug
But guess what? You got an amazing view. Yeah, and that's kind of the trade off, is when you live in the hills, sometimes you got to build on stilts or really do a lot of, excavation and different things like that, a little bit more expensive. But you've got this view or whatever the case might be, that that brings the value to what you're trying to do.

00:17:23:02 - 00:17:28:00
Joe Reitzug
So topography and build a bill build ability are incredibly important.

00:17:28:01 - 00:17:47:14
Makayla Mast
Yeah. Especially with flooding too. Yeah. Like this house that we're in right now. It's a very slope to lot. So when we were going through our inspection period, I was really worried about flooding because the all the water runs off to the back. So I was really worried about what was happening under the house. But luckily they have good drains put in.

00:17:47:14 - 00:17:52:19
Makayla Mast
But still, it's something we keep an eye on because, you know, I wouldn't normally think about that.

00:17:52:21 - 00:18:09:00
Joe Reitzug
No. And, guess what? We're in the northwest and, water. Lots and lots of rain and which way that water goes is very important when it comes to the health of your home. Yeah. So let's move on to CC and.

00:18:09:02 - 00:18:10:03
Makayla Mast
Show.

00:18:10:03 - 00:18:16:21
Joe Reitzug
CC in our covenants, conditions and the restrictions that surround them.

00:18:16:23 - 00:18:23:21
Makayla Mast
These cars are so dense. It is it's a hard read. Let's just.

00:18:23:21 - 00:18:37:14
Joe Reitzug
Say it. Makayla. They're a pain in the ass. They are certain subsidies, subdivisions, planned communities have very, very bulky, dense cars that you got to read through.

00:18:37:15 - 00:18:55:19
Makayla Mast
And what you're looking for is probably so deep in the docs you don't even know what you're looking for. So yeah, a lot of times, I mean, most I mean, all the time we read these for clients. But still, you know, sometimes we miss stuff. We have to have other people look over it. It's they are, very important to go through.

00:18:55:19 - 00:19:09:23
Makayla Mast
So all that being said, for a new build with cars, really what you're going to be thinking about or looking for are architectural guidelines. A lot of times they want the homes to have a certain look, even like down the material.

00:19:09:23 - 00:19:24:11
Joe Reitzug
Assigning colors of the minimum square footage is maximum square footage is right. Different materials you can use. Is there an HOA? How is the HOA going to be put together? All that type of stuff will be in the corners.

00:19:24:11 - 00:19:25:14
Makayla Mast
Yeah. Very important.

00:19:25:16 - 00:19:31:13
Joe Reitzug
Yeah. Which obviously can impact cost significantly. Yes. So good.

00:19:31:13 - 00:19:32:16
Makayla Mast
Point.

00:19:32:18 - 00:19:37:00
Joe Reitzug
Number seven folks. Title and legal review okay.

00:19:37:00 - 00:19:56:09
Makayla Mast
Well we get to this when we're of course under contract. I guess most of these things we do, but we will do a full title search to check if there's any lines on the property. And that's also when we get a really clear picture on any easements, which we talked about earlier, which is also goes along with shared driveway agreements, boundary disputes.

00:19:56:11 - 00:19:57:06
Joe Reitzug
Those are lovely.

00:19:57:07 - 00:19:58:13
Makayla Mast
They're so rough.

00:19:58:15 - 00:19:59:22
Joe Reitzug
So rough.

00:20:00:00 - 00:20:02:20
Makayla Mast
Which can happen with any sale of a home.

00:20:02:20 - 00:20:22:18
Joe Reitzug
But most of the time they can be avoided by reviewing the plat map and also looking at the title report, all of that. And sometimes people just don't, and they discover all of a sudden that their neighbor has built a fence five feet inside your property line.

00:20:22:19 - 00:20:29:04
Makayla Mast
Do you remember that fence that we had to have moved for one of my clients? No, it was five feet.

00:20:29:06 - 00:20:31:10
Joe Reitzug
Did that just trigger you right there?

00:20:31:12 - 00:20:41:13
Makayla Mast
Oh, it was that that nightmare and PTSD? It was sides of the fence. Big project. But usually a surveyor will, you know, deal with this.

00:20:41:18 - 00:20:43:04
Joe Reitzug
I do remember that now.

00:20:43:06 - 00:20:44:23
Makayla Mast
Yeah. Yeah, that's where.

00:20:45:01 - 00:20:45:16
Joe Reitzug
That was fun.

00:20:45:17 - 00:21:06:20
Makayla Mast
I met this great surveyor through that project actually. But a lot of times when people are listing property for sale, they know the seller knows that this is important and they don't want to have to deal with it later. So a lot of times they already have had one done. Right. So it's pretty obvious. And then they'll put in do they put in markers or are the markers there and there's some survey.

00:21:06:20 - 00:21:08:06
Makayla Mast
Yeah. Flag them.

00:21:08:08 - 00:21:13:17
Joe Reitzug
Yeah. The surveyor pens. And most of the time they'll flag them so that you can see them.

00:21:13:21 - 00:21:15:04
Makayla Mast
Yeah. But very important.

00:21:15:08 - 00:21:45:08
Joe Reitzug
Yeah. One last one on legal I represented a lot out in Troutdale years ago in reading through title, there was a claim the previous owner had written into the sale and made it part of the title, that if any minerals are ores were extracted out of that property, that they would get 80% of the profit, not that gross, but the net profit of that.

00:21:45:10 - 00:21:46:14
Joe Reitzug
Wow, I know.

00:21:46:15 - 00:21:47:16
Makayla Mast
I think that's insane.

00:21:47:21 - 00:21:53:11
Joe Reitzug
It is insane. And my seller had not seen that when he bought it.

00:21:53:12 - 00:21:54:05
Makayla Mast
Awful.

00:21:54:05 - 00:21:58:05
Joe Reitzug
Yeah, well, luckily no one's striking Golden Troutdale, right?

00:21:58:05 - 00:22:04:07
Makayla Mast
Right, right, right. It's so random and it's such it is kind of scary to come across something like that.

00:22:04:07 - 00:22:14:00
Joe Reitzug
It's an old, old thing that people used to do. And they would sell land. That makes sense. The gold rush in this and then the other. But I remember reading that and I was like, Holy smokes, this is nuts.

00:22:14:06 - 00:22:22:17
Makayla Mast
Can you imagine putting a stipulation on a property like that and trying to sell it, like now? Like something maybe not the same, but like.

00:22:22:18 - 00:22:23:10
Joe Reitzug
I can't imagine.

00:22:23:10 - 00:22:27:10
Makayla Mast
That. Until next time. If you ever, you know, like, I don't know,

00:22:27:12 - 00:22:33:17
Joe Reitzug
I mean, if I had an inkling that there was some value or something in there, but I thought is pretty greedy asking for 80%, that.

00:22:33:19 - 00:22:35:08
Makayla Mast
80% is crazy.

00:22:35:11 - 00:22:40:20
Joe Reitzug
I'm going to put all this work into it and only get 20% out. That was nuts. Yeah.

00:22:40:20 - 00:22:42:11
Makayla Mast
That is. That's funny. Yeah.

00:22:42:11 - 00:22:48:21
Joe Reitzug
Luckily I talked to my seller about it and he was like, yeah, I don't care. Nobody mining on this property.

00:22:48:23 - 00:22:49:07
Makayla Mast
Right?

00:22:49:09 - 00:22:52:08
Joe Reitzug
Yeah. So let's talk surveys and boundaries.

00:22:52:10 - 00:23:08:23
Makayla Mast
Yeah. We kind of touched on it because that has a lot to do with yeah legal review, boundary disputes. But if the seller didn't provide one order a boundary survey, does that come follow the buyer's course. Or will the seller sometimes pay for that or do they split it depends.

00:23:09:01 - 00:23:30:19
Joe Reitzug
Most of the time, a seller who's developing a property will be required to get a survey by the county or the city, so it's highly unusual in our day and age right now. If you're able to build a home on a property 99% of the time, there's a survey has been done right. I don't know if it's 99, but it seems highly likely that there's been a survey done.

00:23:30:19 - 00:23:57:13
Joe Reitzug
You know, you need to identify all the encroachments, confirm the easements and what those easements say and also how those easements are worded. Right. So a word like access, which I just had come up and in a property that we're dealing with, and it reminded me that access can mean anything if you give just a blank check on access somewhat could roll up one day and just go.

00:23:57:15 - 00:24:04:09
Joe Reitzug
I'm building access to my property behind you, and I have legal right to do that.

00:24:04:11 - 00:24:05:17
Makayla Mast
Yeah. That's insane.

00:24:05:17 - 00:24:08:07
Joe Reitzug
Yeah. So you got to be careful with all that.

00:24:08:09 - 00:24:14:04
Makayla Mast
Absolutely. Do you want to define what encroachments mean?

00:24:14:06 - 00:24:16:22
Joe Reitzug
Identifying encroachments. So, like,

00:24:17:00 - 00:24:18:12
Makayla Mast
Like explaining what that even is?

00:24:18:14 - 00:24:20:13
Joe Reitzug
I think it's pretty self-explanatory.

00:24:20:13 - 00:24:22:14
Makayla Mast
I think I feel like that's a pretty.

00:24:22:16 - 00:24:26:19
Joe Reitzug
Well real estate of a tree encroaching on your word. You got the window?

00:24:26:21 - 00:24:28:05
Makayla Mast
That's my tree.

00:24:28:06 - 00:24:32:22
Joe Reitzug
What is your tree? Yeah, but not the one next to. It's kind of encroaching.

00:24:33:00 - 00:24:33:23
Makayla Mast
Okay. Sure.

00:24:34:02 - 00:24:36:19
Joe Reitzug
Yeah, that's a good example of an encroachment.

00:24:36:19 - 00:24:42:04
Makayla Mast
Okay, there we go. I think real world example. Thank you. To set the time. Yeah. Good job.

00:24:42:07 - 00:24:50:07
Joe Reitzug
Yeah. So trees are a big one right. But like if someone builds a garage shed.

00:24:50:07 - 00:24:50:14
Makayla Mast
Yeah.

00:24:50:14 - 00:25:01:08
Joe Reitzug
Shed or something. And I mean, that can be an encroachment. I'm, I'm embarrassed that I don't have a better explanation, but I think the, the tree examples the best one you can give.

00:25:01:09 - 00:25:12:02
Makayla Mast
Okay. Okay. Right. Well, there was a lot of weird like that was a big part of the real estate test. Like to pass the state test. And I thought that was a hard one for me, to be fair. To be honest.

00:25:12:04 - 00:25:14:06
Joe Reitzug
I'm old and that was a long time.

00:25:14:06 - 00:25:15:15
Makayla Mast
Ago.

00:25:15:17 - 00:25:16:12
Joe Reitzug
For me.

00:25:16:14 - 00:25:17:12
Makayla Mast
Well, you did great.

00:25:17:15 - 00:25:20:20
Joe Reitzug
But maybe I should brush up on encroachments. Now that you've mentioned.

00:25:20:20 - 00:25:22:18
Makayla Mast
It's fine. We'll cross that bridge when we get there.

00:25:22:18 - 00:25:25:10
Joe Reitzug
I know you're going to be testing later.

00:25:25:10 - 00:25:26:01
Makayla Mast
We'll be.

00:25:26:03 - 00:25:28:02
Joe Reitzug
Masked. Yes.

00:25:28:04 - 00:25:31:08
Makayla Mast
Okay. Now we get into something a little more exciting.

00:25:31:08 - 00:25:36:22
Joe Reitzug
No, no, no, you're, like, not going through all the crazy, scary stuff. And now we start talking about good stuff, right?

00:25:36:22 - 00:25:57:07
Makayla Mast
Right. So, building cars and timeline. I think this is realistically discussed prior to all of this. But it doesn't really matter what order we're going in, but really, land is just the beginning. Of course, if your goal is to build on the land, that's that's a big project. That's lot. There's a lot of things to consider.

00:25:57:09 - 00:26:17:11
Makayla Mast
A lot of times people are interested, especially in rural settings and purchasing a manufactured home and just plopping it on the land. Of course, it's not always the case, so we often look at the local cost of square footage to build and compare that with different builders. There's a lot of variables that go into that. That's kind of a metric that we use.

00:26:17:11 - 00:26:33:21
Makayla Mast
Permit fees are a really, really big one. Permit fees. I don't even want to try to give you a range on those. And it depends if the utilities are in or not, like we talked about earlier. But yeah, those can get pretty spendy and lengthen the timeline depending on what county are and.

00:26:33:23 - 00:26:52:07
Joe Reitzug
Utility connection fees. Yeah. So I think all of this people are probably spending right now going, well, how do I find out all this stuff? And we're going to have a little one of our bullet points that we're going to talk about is what's the team like that you need to put together unless, you know, all this stuff, have done all this stuff.

00:26:52:07 - 00:26:54:12
Joe Reitzug
Yeah. Which means you're probably a builder already.

00:26:54:16 - 00:26:55:04
Makayla Mast
Yeah. Right.

00:26:55:07 - 00:27:20:16
Joe Reitzug
You do. You need help with this. And having an architect having your your builder and maybe even your excavation guy, you know, at the property to take a look at it with you is a good idea, right. And then having, you know, your real estate broker involved and getting that team put together to help you with getting these building costs and timelines is incredibly important.

00:27:20:16 - 00:27:32:09
Makayla Mast
It is. My in-laws are actually builders. They build, small custom homes and they bring in an interior designer pretty early on to wow.

00:27:32:11 - 00:27:34:10
Joe Reitzug
Yeah, I love that.

00:27:34:12 - 00:27:34:19
Makayla Mast
Right?

00:27:35:00 - 00:27:36:04
Joe Reitzug
Yeah, that's a great idea.

00:27:36:06 - 00:27:39:10
Makayla Mast
Because structure has a lot to do with design. So it makes sense.

00:27:39:12 - 00:27:48:20
Joe Reitzug
Yeah, one of the big ones too is, you know, the big ticket items of like landscaping and driveways people don't think of. They're just like, this is how much the house is going to.

00:27:48:20 - 00:27:49:12
Makayla Mast
Cost, right?

00:27:49:16 - 00:28:05:16
Joe Reitzug
To build. And we're good to go. Wow. Do you want a driveway? Right? Even if it's not paved, you still got to have something in place, right? Right. To get in and out of your home. And then also landscaping and drainage.

00:28:05:18 - 00:28:26:02
Makayla Mast
That reminds me of the property out I'm not going to say what area but beautiful listing. We had new build 1.5 I think suede was at its lowest but they never installed any landscaping. I. Oh yeah and it needed landscaping bad. It just looked like a mud pit. I mean it was so sad.

00:28:26:02 - 00:28:27:18
Joe Reitzug
It was no bueno.

00:28:27:18 - 00:28:41:10
Makayla Mast
And to be fair, it needed $30,000 worth of sod and sprinklers and drainage. Who who, you know, wants to spend that after they've just built this gorgeous new home? Well, the top of the line features and get it. So definitely something to consider.

00:28:41:12 - 00:28:49:02
Joe Reitzug
Yeah. As far as timeline goes, you're looking at, you know, maybe nine months I would say that's pushing it.

00:28:49:03 - 00:28:49:19
Makayla Mast
I don't know.

00:28:49:19 - 00:29:12:05
Joe Reitzug
But that's yeah that's pushing it. And maybe upwards of 18 to 24 months depending on what you're going to be doing. The other thing to consider is whether, you know, an excavating, a excavating, a, you know, foundation or even like a basement or underground garage, which I love the idea of that.

00:29:12:07 - 00:29:13:07
Makayla Mast
That would be really cool.

00:29:13:07 - 00:29:16:04
Joe Reitzug
Yeah, but you can't really do that in the wintertime.

00:29:16:04 - 00:29:17:04
Makayla Mast
No, no.

00:29:17:06 - 00:29:22:09
Joe Reitzug
I mean, you can, but it's a hot mess and it takes twice as long, which means it's going to cost you twice as.

00:29:22:09 - 00:29:25:14
Makayla Mast
Much as contractors won't want to do that. So it's miserable.

00:29:25:14 - 00:29:29:13
Joe Reitzug
No. So timelines are also a big a big item.

00:29:29:17 - 00:29:30:12
Makayla Mast
Yeah. Good point.

00:29:30:14 - 00:29:32:01
Joe Reitzug
Financing it.

00:29:32:03 - 00:29:36:23
Makayla Mast
Okay okay. We could do a whole episode on this, but we won't. Let's just say the.

00:29:36:23 - 00:30:05:20
Joe Reitzug
Springs for land are different than loans for a resale home. Higher down payments, usually 20% minimum, up to 50%. And all my lender friends out there, I know you have, you know, land packages that you can get them in at 10% down, I get it. Yeah, those are out there. But if you want to get the decent rates and what we should set for expectations, I would say 20%.

00:30:05:21 - 00:30:12:08
Makayla Mast
Yeah. A grain. And that's just for purchasing the land, not for financing the build rate.

00:30:12:10 - 00:30:20:14
Joe Reitzug
And the interest rates are a little bit higher for land, a little bit not much a little bit. And shorter loan, loan terms. Right.

00:30:20:16 - 00:30:22:12
Makayla Mast
Oh, actually, I didn't know that.

00:30:22:14 - 00:30:23:18
Joe Reitzug
15 year and.

00:30:23:21 - 00:30:26:18
Makayla Mast
Wow. Well, it's a much smaller purchase price.

00:30:26:20 - 00:30:28:03
Joe Reitzug
That we're used to. Yeah.

00:30:28:03 - 00:30:29:09
Makayla Mast
But still.

00:30:29:11 - 00:30:46:08
Joe Reitzug
Yeah. And some lenders require quite a bit of information about what you're going to be doing and how far you are and your due diligence, which is what we're talking about here. Your due diligence of is it feasible to build the home you want on the piece of dirt that you have your eye on, right.

00:30:46:11 - 00:30:46:17
Makayla Mast
Yeah.

00:30:46:20 - 00:30:47:02
Joe Reitzug
Yeah.

00:30:47:03 - 00:30:48:06
Makayla Mast
Well, it's hard.

00:30:48:07 - 00:31:01:13
Joe Reitzug
So ask your lender about land only loans and, construction to permanent loans when you're, when you're talking through this that those are the two kind of buzzwords that'll help your lender kind of figure out what you're trying to get done.

00:31:01:13 - 00:31:07:20
Makayla Mast
Yeah, absolutely. And of course, at this point, you need to know how much, you know, at least an estimate on what your build is going to cost.

00:31:07:20 - 00:31:15:22
Joe Reitzug
Exactly. Let's talk insurance, okay. Insurance, insurance, flood insurance for the insurance.

00:31:15:22 - 00:31:17:04
Makayla Mast
Conversation right now.

00:31:17:05 - 00:31:17:18
Joe Reitzug
Gotta have.

00:31:17:18 - 00:31:32:21
Makayla Mast
Them. So this is another due diligence thing that we will help you navigate. But we want to make sure that the property itself is insurable. And if it's not we will get you out of that. I'll find you another piece of dirt. But, Yeah.

00:31:32:23 - 00:31:35:21
Joe Reitzug
Taxes and carrying cost even before.

00:31:35:21 - 00:31:37:20
Makayla Mast
You know how much fun.

00:31:37:22 - 00:31:57:15
Joe Reitzug
Yeah. Uncle Sam's going to want those property taxes. There may already be HOA fees involved. Usually not, but sometimes. And then maintenance cost of mowing snow removal, road maintenance, all of those things. If it's a development that's in place and moving along, some of those costs are going to be asked for.

00:31:57:17 - 00:32:09:17
Makayla Mast
Right. And a lot of times vacant land is taxed well, always differently than improved property is what we call it. So once you build your pretty new house, expect your taxes to go up.

00:32:09:21 - 00:32:34:13
Joe Reitzug
Yeah. Number 13 future development around you. Is there going to be a data center in your backyard and that one come up recently? That was fun. Is there a commercial nearby that's going to be expanding? Are there plans for utility expansion if so, it might benefit you, but it also might come at a cost that sometimes isn't a choice that you have.

00:32:34:15 - 00:32:38:19
Joe Reitzug
All those things are good to know. And your broker can help you out with that.

00:32:39:00 - 00:32:46:05
Makayla Mast
Yeah, and it could be a positive thing, too. Like, if you're in a newer neighborhood, maybe they're planning on putting a coffee shop in down the road. That would be great to know, right?

00:32:46:05 - 00:32:51:03
Joe Reitzug
It really would be. Yeah. Let's talk about resale, considerations real quick.

00:32:51:07 - 00:33:13:10
Makayla Mast
Okay. That's a great one. So this is very similar to just buying a resale home or new construction home that's already built in general. Is the lot in a desirable location. That can mean a lot of different things. You know, if we narrow it down, if you've already decided what city or area you want to be in, we're considering like is it near a highway or a major road.

00:33:13:12 - 00:33:15:10
Makayla Mast
Is it near train tracks. You know our.

00:33:15:10 - 00:33:33:05
Joe Reitzug
Lines by yeah, all that type of stuff. So you got to make those considerations when you're building and then also having a look to the future. What is this area going to look like in 3 to 5, ten years? Yeah. Give it some thought. It's it's worth the moment to say, you know, to ask your broker what are your thoughts on this.

00:33:33:05 - 00:33:39:14
Joe Reitzug
What is development. Look like. What is zoning look like around here. Because that can give you an insight into what may or may not come around the corner.

00:33:39:14 - 00:33:55:20
Makayla Mast
Right. And is it like crammed in and, you know, a weird lot and a. Yeah, in the back of the neighborhood or something that might make it unfavorable to a future buyer. Also, think about school district. Again, we think about that everywhere. But is the school district up and coming. Is it only at the top. Where's that.

00:33:55:22 - 00:34:06:06
Joe Reitzug
Yeah. So we talked about this a little bit before. But the team that you want to get put together obviously your real estate broker, perhaps a real estate attorney.

00:34:06:10 - 00:34:07:03
Makayla Mast


00:34:07:05 - 00:34:12:08
Joe Reitzug
Not usually, but sometimes if you're going to be, you know.

00:34:12:10 - 00:34:13:21
Makayla Mast
We'll let you know if you need one of those.

00:34:13:21 - 00:34:15:05
Joe Reitzug
Yeah. Yeah, definitely.

00:34:15:06 - 00:34:18:02
Makayla Mast
We can. We won't do anything we are uncomfortable with.

00:34:18:02 - 00:34:44:04
Joe Reitzug
Yeah. Land surveyor possibly. Soil engineer. Yeah. Sometimes. You know, sometimes the other one, you know, your builder, your excavator, your architect. And then the person that you should talk to probably either first or second is your lender. Right. How am I going to finance this. Right. And what's it going to take. Right. So we hope this has been helpful.

00:34:44:06 - 00:35:03:01
Joe Reitzug
That's a lot of information. We have all of this in our show notes. So if you want to print this puppy off download it take it with you. You know think about it. Also, you can always call Mcalary to schedule a consultation. We can walk you through the process, process and customize it for you and your situation.

00:35:03:01 - 00:35:08:18
Joe Reitzug
LivPortland.com is where you can contact us or get the information on the show notes here.

00:35:08:21 - 00:35:16:06
Makayla Mast
Yes well said. We would love to help. And you know related to that, if you have any questions about this episode, happy to chat through with you.

00:35:16:07 - 00:35:21:04
Joe Reitzug
Yeah, because every home was built at one time, right?

00:35:21:06 - 00:35:21:13
Makayla Mast
Yeah.

00:35:21:14 - 00:35:32:05
Joe Reitzug
They just don't sprout up organically. They are built. And you know, people have gone through this process before. We can make it easy for you and, we look forward to speaking with you.

00:35:32:05 - 00:35:46:12
Makayla Mast
Okay. So to end our episode, we always like to share something that we're loving, just like the first segment and can be real estate or not real estate related. So we'll get we'll end up with something happy. How's that?

00:35:46:14 - 00:35:47:23
Joe Reitzug
Yeah. I'm saying.

00:35:48:00 - 00:35:48:20
Makayla Mast
Do you wanna go first?

00:35:49:01 - 00:36:13:13
Joe Reitzug
For sure. Okay. You know what I'm loving? I spent the weekend at the beach last weekend, and, I love the beach. Everyone knows that. What? I'm noticing a little trend in the market, if you will. Yeah. Prices are flat to perhaps even going down just a touch. Which is the first time in many, many years.

00:36:13:13 - 00:36:30:12
Joe Reitzug
Yes. Cannot even believe it. So if you're on the hunt for a beach home, now might be your time. I'm telling you, it was. It was good to see. So that's what I'm loving right now. Prices at the beach are, flat in some instances and in others starting to come down. Just a touch.

00:36:30:13 - 00:36:49:06
Makayla Mast
Oh, I love that, too. What a good one. Yeah, good to hear. I am loving again. Not real estate related. But I am loving the little volleyball league that we play in. We play in a coed volleyball team and it is so much fun. It brings us so much joy. We love doing it. On Monday nights.

00:36:49:06 - 00:36:53:02
Makayla Mast
We take it away too seriously, but so do all of our friends. Now.

00:36:53:03 - 00:36:55:02
Joe Reitzug
Do you play against people that you know or don't.

00:36:55:02 - 00:36:59:12
Makayla Mast
Know? No, we play against people we don't know. So we're one of 12 teams in the league.

00:36:59:14 - 00:37:01:19
Joe Reitzug
Does it ever get a little too competitive?

00:37:01:19 - 00:37:09:08
Makayla Mast
Yeah. Oh yeah. But we it's so I mean we're all very competitive. So yeah that's what we're there for. But it's the underdog.

00:37:09:10 - 00:37:10:14
Joe Reitzug
It's the underdog sports.

00:37:10:14 - 00:37:22:00
Makayla Mast
We. Yes. Yeah we've done play with them flag football with them before. And we just love it. And it's amazing how many people show up and just I don't know, it's a nice little hobby extracurricular to do.

00:37:22:00 - 00:37:29:18
Joe Reitzug
So now what are the faces on the teams when you show up with my six five guys six, seven guys, six, eight guys.

00:37:29:20 - 00:37:33:11
Makayla Mast
They I know I feel bad know not excited.

00:37:33:11 - 00:37:34:12
Joe Reitzug
You're undefeated, aren't you?

00:37:34:12 - 00:37:38:00
Makayla Mast
Yeah. Who are that? You mean I, I.

00:37:38:02 - 00:37:39:02
Joe Reitzug
Know, I know.

00:37:39:04 - 00:37:39:17
Makayla Mast
But we're in this.

00:37:39:17 - 00:37:44:04
Joe Reitzug
If you're in the underdog volleyball league, watch out for McKinley's Tina.

00:37:44:06 - 00:37:53:23
Makayla Mast
But also, if you're looking for some extra little thing to do, it's like once a week. It's cheap. You get together with your friends, get a drink after. So it's so much fun.

00:37:54:00 - 00:37:54:19
Joe Reitzug
It's so much.

00:37:54:19 - 00:37:56:02
Makayla Mast
Fun. That is what I'm loving.

00:37:56:02 - 00:38:14:00
Joe Reitzug
I love that too. Things. Well, good. Well thank you everyone for joining us. We're glad you joined us for the show today. Remember you can visit LivPortland, LivPortland.com and hit podcast. Get the show notes on today's show. Lots of great stuff in there. And, we look forward to seeing you again soon.

00:38:14:00 - 00:38:16:02
Makayla Mast
Yes we do. Thank you for listening.

00:38:16:04 - 00:38:17:12
Joe Reitzug
Bye, guys. Bye.

00:38:17:14 - 00:43:57:20
Makayla Mast
Thanks for joining us today. If you're interested in finding out more about Joe, myself or the LivPortland team, you can go to LivPortland.com. Thanks for giving us the listen and see you next time on the Off the Record podcast.