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Updated almost 4 years ago,
Washington state no longer investor friendly
I live in Portland & was considering buy a SFH home but all the backwards pro tenant laws, rent control, extended moratoriums & longer to evict timelines have ruled it out. I was considering buying a multi-family in Washington state however this state is now following the same footsteps as Oregon.
-Three proposed Wa state anti-landlord bills;
HB 1236, SB 5139, SB 5160
Eviction Ban Bill -SB 5160 also mandates that housing providers renew any rental agreement or month-to-month tenancy for 2 years after the end of the emergency period ends, unless the property owner sells the unit, or moves into the unit themselves.
Does anyone know if these bills have passed and what resources to call to verify if they have?
Anyone else no longer interested in investing in Wa state?