Skip to content
Oregon Real Estate Q&A Discussion Forum

User Stats

37
Posts
11
Votes
Ciarraghe G.
  • Portland, OR
11
Votes |
37
Posts

Sell or Hold in Oregon

Ciarraghe G.
  • Portland, OR
Posted Jan 21 2021, 12:10

With the current pending legislation on the docket to declare all property in Oregon no longer private at the whim of the Governor's emergency declaration, should I hold my properties or sell and move to another state that isn't outright announcing they plan to take everything and redistribute whenever they see fit, with no compensation? 

I have a very high cash flowing property with ~65% equity and an excellent long term tenant who wants to stay for at least 5 more years, another on large acreage that breaks even with close to 50% equity (the investment value of that one is in the land/Timber, not the rental, good tenants though with stable incomes) and lastly the one I live in with ~40% equity that I am using as a house hack for BRRR.

Things I'm also considering instead of liquidating- are there legal/structural things that could be done as protective measures? How do you protect your assets in this hostile environment coming like a freight train? 

I'm trying not to freak out about it, but it's getting harder every day as this pending Socialist takeover is looming. Not sure if anyone else is equally freaked out, or even aware of it. 

Loading replies...