Are you shying away from rentals within Portland proper?

Are you shying away from rentals within Portland proper?

UT · Member since 2014 · 14 posts · 4 votes

I have purchased 1 property - our family's home.  I believe we may move in the next year or two and am curious if renting a single family  home within Portland city limits is a bad idea due to their tenant-centric laws.  

Are people who rent home typically "better" renters?  Take care of the home more? Less? 

Any advice is appreciated!

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  • Mike NussPro Member
    Real Estate Entrepreneur · Portland, OR · Member since 2014 · 451 posts · 328 votes
    7y

    @David Wilk you're in a very nuanced position. There is a lot more to consider than just rental laws. Capital gains exemptions, state rent control and vacancy control and others. I'm helping an owner go through this exact planning/scenario right now. I own both a full service brokerage and property management company and invest myself so I'm happy to help you think this through various strategies. Reach out when you get a chance if you're still looking for some feedback.  

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