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Updated about 1 year ago on . Most recent reply
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Is Vancouver Wa. or Portland Or. a better place to buy rental properties?
I'm new to the Portland area and plan on buying a couple rental properties this year. My family and I love living in here in Portland, however I am unsure whether it is the right place for me to invest. I like the idea of investing in Vancouver Wa. for the tax break, but I know little of that of that city too. Does anybody have experience with rental properties in either city?
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Neither. Both state laws are heavily weighted against you in favor of the tenant. The old days are gone. It's complex and you seriously need to know what you're doing. Don't jump in without a complete understanding of the pitfalls.