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Updated over 2 years ago on . Most recent reply
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Is Portland, OR a good place for Real Estate Investing
Hello All - I am a new user. In fact, I've become a member of BiggerPocket a sec ago. However, I've been watching/following BiggerPocket videos on YouTube for quite some time. Thank you for the super informative videos you guys are making!
I live in Portland, OR, and would like to invest in Real Estate, but I am a little skeptical and need some advice from you. Is Portland a good place for long-term investing (buy and hold strategy)? How about rental properties (cash flow providers) in Portland, is it good too? I know the Midwest in general is a great place for rental properties. If Portland, OR is NOT a good place for investing, what states are good for buy and hold investing and what states are good for rentals? Thank you!
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Hello @Chris John,
I read your question and wanted to answer it in the easiest way possible so that others may get some answers as well. To be honest, there is only one question that I can answer honestly, you are not being paranoid. To answer your other questions I thought that I would send you the links to the actual ORS, this way I am not interpreting the law for you, and instead, you can read up on the craziness that is Portland.
https://www.portland.gov/code/... 30.01.085 Portland Renter Additional Protections
https://www.portland.gov/code/... Housing Maintenace Requirements
Let me know if you have any questions, or maybe I help point you in a better direction.
Respectfully,
John Fernald