All Forum Posts by: Katy Lyons

http://www.portlandhometeam.com/portland-multi-family.php  Here are some great finds....

I have owned an out of state rental (vacation) - it went OK, but you will really need to be ready to jump on a plane if there are issues.  I would recommend closer to where you are.  I know the PDX market is crazy (live here), but I think that the Milwaukie area is still a diamond in the rough. 

Hi Karen, I live in Portland and yes, I have been hearing rumors of possible rent controls as well.  However, I don't know how soon they will be implemented....???  

House sales are still pretty hot from what I have heard - however there is one underpriced market where I bought my personal residence - the Milwaukie area.  I don't know how much longer it will stay like this - but it is an old blue collar town - very close to downtown Portland, but on the east side (Downtown is on the West side).  I think it is a diamond in the rough. 

As for the Hillsdale area, I don't know much about the values over there.  I used to live in that neighborhood many years ago - it is really nice and also very good access to downtown PDX.