Oregon State Laws for Investors

[Tom Walther]

Hey all,

I have read through a few threads, the most recent one from about a year ago, about Investors in Oregon State. I live in the Portland area and have started to take action towards creating a career real estate investing.

I spoke with a local real estate lawyer today, and he was a bit discouraging regarding creative real estate investing strategies in Oregon. In so many words he described that this state is basically the most unfriendly state for investors when it comes to the law. He referred me to ORS chapter 696 regarding the legality of certain types of real estate transactions. I have been reading through the legal jargon and have mainly interpreted information regarding being licensed to conduct business in real estate.

Anyway, I would like to pick the brains of you savvy Oregon investors, because I'm the type to not get discouraged by limitations, but rather to find solutions to make things work. I am particularly interested in what types of creative investing people in this state are doing. I would also like to start networking and making contacts in the Portland community.

Any other information regarding Oregon state law in the context of REI would be great too. I am open to all types of investing strategies.

Thanks,

Tom

[Jeff S.]

Hi Tom Walther,

I hope you didn't waste your money paying this guy. Investing in RE is one of the most important principals of democracy.

We are going to a dinner tonight with RHAGP (Rental Housing Association of Greater Portland) where they will be discussing the possibility of being required to accept Sec 8. RHAGP's lobbyist will be there to help explain what we could be up against.

If you go to investor meetings you will see attorneys who are big investors. Better to deal with someone in the biz.