Exhibit A
Real Estate Investors work in Gresham
Gresham is a city of roughly 114,000 people at the east edge of the Portland metro, and the investor work here follows the housing stock. Much of the city was built out in the decades after the war, so there is a steady supply of older single family homes, small rentals and properties that need work. The firms competing for that work are mostly small owner operators and a handful of local investment outfits rather than national franchises, and many of them run on a website that has not been touched in years. Paid search around cash home buyers and we buy houses draws bids in this market, which tells you people are searching with intent. That is the demand available in Gresham: sellers looking for a fast close, landlords comparing options, and buyers hunting for a deal in a specific neighbourhood.
