{"podcast":{"title":"REalized Gains Podcast","slug":"realized-gains-podcast-7061729","podcast_index_feed_id":7061729,"rss_url":"https://feeds.acast.com/public/shows/62f18fbd7bc4b800134528ca","website_url":"https://shows.acast.com/portland-real-estate-investing-podcast","image_url":"https://assets.pippa.io/shows/62f18fbd7bc4b800134528ca/1667780710448-2e627bc598baff0f4eeed1a87949191d.jpeg","author":"Jordan Lee","episode_count":95,"summary":"Realized Gains Podcast is where real estate, investing, and wealth-building strategies come together with real-world experience. Hosted by Portland real estate professionals Steven Tran and Jordan Lee , the show features conversations with investors, industry leaders, and entrepreneurs who are actively building wealth through real estate — from first deals to large portfolios. Whether you’re a new investor trying to get started, a homeowner looking to make smarter financial decisions, or an experienced operator scaling your portfolio, this podcast breaks down the strategies, numbers, mistakes, and mindset behind successful investing. Expect practical insights, honest lessons learned, and actionable advice you can apply immediately. Steven brings an investor-first perspective as an Oregon real estate broker, entrepreneur, and property owner across Oregon and Washington. Jordan adds the financing lens as a mortgage lender licensed in 11 states and an active investor, helping listeners understand how to leverage lending, structure deals, and access capital effectively. If you want to build long-term wealth through real estate — and avoid costly mistakes along the way — you’re in the…","last_synced_at":"2026-07-09T08:18:09.551966+00:00","page_url":"https://stenobird.com/podcast/realized-gains-podcast-7061729"},"episode":{"title":"Valuing And Developing Portland Real Estate After 20+ Years As A Licensed Appraiser with Mike Nuss","slug":"valuing-and-developing-portland-real-estate-after-20-years-as-a-licensed-appraiser-with-mike-nuss","published_at":"2026-03-04T19:00:00+00:00","page_url":"https://stenobird.com/podcast/realized-gains-podcast-7061729/valuing-and-developing-portland-real-estate-after-20-years-as-a-licensed-appraiser-with-mike-nuss","show_page_url":"https://stenobird.com/podcast/realized-gains-podcast-7061729","url":"https://linktr.ee/realizedgainspod","audio_url":"https://sphinx.acast.com/p/open/s/62f18fbd7bc4b800134528ca/e/69799c036e7bdf1065e1e009/media.mp3","summary":"Affordability isn’t just about prices — it’s about what we build, where we build, and whether the numbers actually pencil. In this episode of the REalized Gains Podcast, Steven Tran and Jordan Lee sit down with Mike Nuss (Rarebird, Investor Lab, Deal Junkies) for a deep dive into Portland real estate development, middle housing, and why the future of housing in Oregon is being shaped by zoning code, cost-to-build realities, and market psychology. Mike shares his journey from real estate appraisal to development, lessons from the Great Recession and a failed partnership, and why he built businesses around education-driven investing. Then we get tactical: how Rarebird evaluates projects, why cottage clusters and smaller detached homes can be an affordability solution (without government subsidy), and what most investors misunderstand about cash flow vs. P&amp;L vs. balance sheet. You’ll also hear Mike’s perspective on: Why “highest and best use” and zoning code drive everything What a “cottage cluster” actually is (and why neighbors push back) Build-to-sell vs. build-to-rent underwriting in today’s market How interest rates changed the affordability equation Why most developers fail: running out of money + misjudging absorption Scaling with systems like EOS / Traction and the “right people, right seats” concept If you’re investing in Oregon, curious about Portland infill, or trying to understand what middle housing laws mean for your lot — this one is packed. Guest: Mike Nuss Companies: Rarebird, Investor Lab Host handles: (add your links) Watch / listen / subscribe for more Oregon + Washington real estate &amp; investing conversations. #PortlandRealEstate #RealEstateInvesting #OregonRealEstate #RealEstateDevelopment #MiddleHousing #CottageCluster #ADU #InfillDevelopment…","meta_description":"Affordability isn’t just about prices — it’s about what we build, where we build, and whether the numbers actually pencil. In this episode of the REalized…","key_points":[],"chapters":[],"topics":[],"duration_seconds":3687,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/realized-gains-podcast-7061729/episodes/valuing-and-developing-portland-real-estate-after-20-years-as-a-licensed-appraiser-with-mike-nuss/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/realized-gains-podcast-7061729/valuing-and-developing-portland-real-estate-after-20-years-as-a-licensed-appraiser-with-mike-nuss.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}