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All Forum Posts by: Celia Moore

Celia Moore has started 17 posts and replied 79 times.

Post: Investors leaving Oregon... Where are you headed?

Celia MoorePosted
  • Specialist
  • Portland, OR
  • Posts 97
  • Votes 108

@Bob Prisco Thanks for the tip! 

Post: State of Oregon figures out how to apply landmark Housing Law

Celia MoorePosted
  • Specialist
  • Portland, OR
  • Posts 97
  • Votes 108

@Larry Fried I completely agree! And Eugene is a great example. 

It is concerning that cities may be left with "very little flexibility" and be prevented from pursuing their own housing strategies or respond to community goals. I hope that the Oregon Department of Land Conservation and Development takes this into consideration when implementing their new rules... 

Post: State of Oregon figures out how to apply landmark Housing Law

Celia MoorePosted
  • Specialist
  • Portland, OR
  • Posts 97
  • Votes 108

As Oregon prepares to implement a new law intended to spur the development of duplexes and small apartment buildings in cities like Salem, a disagreement has arisen over how much control local governments should have over zoning considerations...

In 2019, Oregon became the first state to effectively do-away with single-family zoning after lawmakers passed House Bill 2001. The law is intended to address the state’s housing crunch by making it easier to build less-expensive “missing middle” housing — duplexes, triplexes, fourplexes, cottage clusters and townhouses — in areas zoned for single-family housing.

The Oregon Department of Land Conservation and Development is currently developing rules to be completed later this year that will guide cities in implementing the new law.

Last week, the Oregon League of Cities sent the department a letter on behalf of nine cities, including Salem, expressing concern that cities would be left with “very little flexibility” and prevent them from pursuing their own housing strategies or responding to “community goals.”

The league’s letter asks that cities be allowed their own development standards and for minimum expectations from the state on just how much middle housing they should produce.

Michael Andersen, a senior researcher at Seattle-based sustainability think tank Sightline Institute, said that what the league is asking for would considerably water down the law... 

Source: SalemReporter.com, 'Concerns over local control arise as state figures out how to apply landmark housing law'

Question: Should local Oregon governments get their voice on the zoning topic? 

Post: Anyone else feel like the forums are losing value?

Celia MoorePosted
  • Specialist
  • Portland, OR
  • Posts 97
  • Votes 108

@Peter Tverdov What are these other forums you speak of? 

Post: New to Real Estate Investing

Celia MoorePosted
  • Specialist
  • Portland, OR
  • Posts 97
  • Votes 108

Take a look at IRC Section 1031 Exchange 😏 The 1031 Exchange could be applied to up to 64% of all Real Estate closing... yet almost 100 years after the process was started many investors still do not know of this wealth building tool! We’re experts in 1031 exchanges, an IRS-authorized process that lets you exchange like-kinds of property—while deferring tax liability. Whether you are exchanging Real Property or Personal Property while utilizing a Delayed, Reverse or Improvement Exchange we have the experience and expertise necessary to help you pull that plug. 

Post: Investors leaving Oregon... Where are you headed?

Celia MoorePosted
  • Specialist
  • Portland, OR
  • Posts 97
  • Votes 108
Originally posted by @Zeke Liston:

Yeah, I would second @Remington Lyman, Columbus is a fantastic rental market, great for buy and holds @Celia Moore!

 Thank you for the tips! If you can increase your tenants rent by that much and keep him happily leased, Ohio here I come @Remington Lyman

Post: Investors leaving Oregon... Where are you headed?

Celia MoorePosted
  • Specialist
  • Portland, OR
  • Posts 97
  • Votes 108

@Jeff S. very true! It will be a very tough market to get into, but I can already see those cash flowers getting ready to bloom. Just a little question of how much risk/reward someone is willing to invest. 

Post: Investors leaving Oregon... Where are you headed?

Celia MoorePosted
  • Specialist
  • Portland, OR
  • Posts 97
  • Votes 108

@Alex Olson thanks for the tip! Have never looked into the market there. 

Post: Investors leaving Oregon... Where are you headed?

Celia MoorePosted
  • Specialist
  • Portland, OR
  • Posts 97
  • Votes 108

@Chris Parrish I like your new strategy. Where do you target if you are currently avoiding Portland? It will be hard to find a state/city that I love equally... but hopefully something comes around! 

Post: Investors leaving Oregon... Where are you headed?

Celia MoorePosted
  • Specialist
  • Portland, OR
  • Posts 97
  • Votes 108

@Patrick Daniel sounds like a good option to me! Thank you, hopefully we can pull it together over here, but only time will tell.