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!
@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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