All Forum Posts by: Richard McNeal

Hi everyone:

I have a no smoking clause in my lease agreements, which prohibits the use of the recreational marijuana. However, a tenant recently informed me he has a prescription for medical marijuana.

I haven't been able to determine what each of our rights are (landlord & tenant) concerning this issue. I would prefer he not smoke it on the property, but I am unsure if I can legally enforce that because of its medical use.

Can anyone shed some light on what the laws or precedents are for medical marijuana use in Oregon?

Thanks in advance.

I just got off the phone with a lender who said I won't be able to get (traditional) financing anywhere unless I sell my house.

I have one rental property with about 10% equity. I'm currently living in a property with about 5% equity. I want to buy another property and move in to it. The lender said they couldn't count rental income unless I had 30% equity in each property, and that that's pretty standard from all lenders. 

Is this true? How do I keep both properties and get the third? -- I'm not getting up to 30% on either property any time soon.

Thanks!

Rick Hoggan: 503-706-1309

He installed some windows for me last year, and he is a licensed, bonded, and insured contractor (and he does more than just windows). He's the only contractor I've worked with who shows up on time, which I think says a lot.