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All Forum Posts by: Doug Miller

Doug Miller has started 1 posts and replied 5 times.

Post: Rental Arbitrage in Central Oregon

Doug MillerPosted
  • Investor
  • Sisters, OR
  • Posts 10
  • Votes 5

HI @David Robertson, just curious, how did your rental arbitrage plan work out? Did you get involved in a Central Oregon STR yet?

Hi there Elijah, I'm buying a place in Redmond that needs a remodel to become an STR, plus we plan to build a small ADU in the rear of the lot. If this sounds like something you could be involved with, would love to talk.

Doug in Sisters

Post: Meet up Sisters, OR Stellar office

Doug MillerPosted
  • Investor
  • Sisters, OR
  • Posts 10
  • Votes 5

Awesome! I'll try to be there. I understand there will be a celebrity appearance from the well known central Oregon "Cash Couch" podcast? Maybe I can score an autograph........ 

Post: New Oregon Rural Residential ADU Legislation

Doug MillerPosted
  • Investor
  • Sisters, OR
  • Posts 10
  • Votes 5

Hi All, I'm still following the progress of rural residential ADU regulations here in Deschutes County. Here's a video of recent planning commission meeting, start at 3:14... https://deschutescountyor.iqm2...

Also more info here: https://www.deschutes.org/cd/p...

It's gonna be a while!

Hi All,

While there's a lot of buzz around Oregon's ADU laws in medium and larger cities, those with rural residential parcels may be interested to follow Senate Bill 391, which already passed the OR Senate and is in the House now. You can subscribe to updates and read more about the proposed legislation here: SB391.  Here's an article from this week about the legislation.

In short, this would apply to single family Oregon rural lots >2 acres, allowing a second unit up to 900 SF. Must be <100' from primary residence. Use for short term rentals and future subdivision have limitations. There are a number of other provisions.

Unfortunately many smaller rural lots are part of subdivisions that may have CC&R precluding more than one dwelling unit, so there's another challenge to consider.

This could open some new opportunities for a number of rural properties in our state.

Support seems to have been generally positive. The bill passed the House almost unanimously. You can e-subscribe to receive email notices on the progress of the bill from the state site.

Thanks all!

Doug in Sisters