All Forum Posts by: Scott Bowles

 For what it is worth I own in the Portland Metro and Multi fam in other states and I am trying to get that midwest money back into Oregon. What is worth mentioning is that for OOS investing YOU and your money are the real business. But that is just my experience and B neighborhoods. We will keep some out of state MF we own in Utah which is doing fine. We did used to live there and self manage those though. 

 I am in Portland as well it can be a hair tricky to manage there are some rules about asking tenants to leave there are also limits on rent increases see below: 

https://www.portland.gov/phb/rental-services/renter-relocation-assistance#toc-when-is-a-renter-eligible-for-relocation-assistance-

Have you already purchased the property?

Scott

Jake I would be interested to hear more as well!

Zach,

I own a few rentals in the Portland Metro and work as an agent in the same areas. Happy to connect and provide any help where I can!

Scott

I am not a tax professional and I dont really know the laws but I am pretty sure you would still need to pay capital gains taxes in WA even though there is no income tax. Two different tax burdens...

Alec,

I am an agent in Oregon as well as an investor here in Oregon and a few other states as well! Love to connect sometime and talk about goals/plans.

Scott

Amulya,

I would be happy to connect and hear a little more about what you are looking for!

Best regards,

Scott

Have you thought about moving out of your current home and using an FHA?

Hey Andrew, I live in your neck of the woods and am an agent here in Oregon. I think there are good options for investing near us, the next place I will buy will either be in Vancouver or Salem in the multi family space. Both places have properties that cash flow though not much and depends on the down payment. The short term market is a bit tricky but can be lucrative. Let me know if you want to chat sometime about options!

Scott

I dont see an issue buying in Oregon but might be prudent to stay out of the Portland metro, everyone who thinks it is some sort of apocalyptic wasteland is not from Oregon. Just buy something in decent shape and screen meticulously. I see decent deals in Salem all the time I am looking to buy my next multi unit there or in Vancouver...