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11 November 2024 | 12 replies
Quote from @Katie Nolan: Here's the Oregon Landlord - Tenant Law: https://www.oregonlegislature.gov/bills_laws/ors/ors090.htmlHere's a handbook that may be easier to understand: https://oregonlawhelp.org/resources/landlord-tenant-law-oreg...If you're going to be successful, particularly in a heavily regulated state, then I recommend you study the law regularly.
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12 November 2024 | 4 replies
Any insights on suitable areas, zoning regulations, or market trends would be greatly appreciated!
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12 November 2024 | 4 replies
On the flip side, tighter regulations or changes in interest rates could shift market dynamics.
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13 November 2024 | 7 replies
I think with Boise in particular, and the pacific Northwest in general, positive cashflow is difficult to achieve, especially for an out of state investor since the market is so competitive.Even with boots on the ground, cash flowing properties seem to be a unicorn even when purchasing for 70 cents on the dollar.One opportunity for cashflow in Boise is the ADU play -- new regulations make it more conducive and returns can be 10%+ cash on cash for a property in the right neighborhood.- Kole
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14 November 2024 | 21 replies
It's also illegal for cities to attempt to regulate fees related to screening or applications.
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13 November 2024 | 15 replies
Does this mean they're technically violating lending rules/regulations by not informing the lender that the property will be sourced as a rent-by-the-room asset?
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18 November 2024 | 47 replies
Here is the rule from the IRS regarding length of stay for short term rentals:As defined by Treasury Regulation Sec. 1.469-1T(e)(3)(ii)(A)The average period of customer use is 7 days or lessThe average period of customer use is 30 days or less.
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12 November 2024 | 26 replies
The majority of states have NOT enacted any rules, regulations or legislation that has altered the “wholesaling” landscape.
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10 November 2024 | 2 replies
I was recently looking into wholesaling in PA around the Wilkes-Barre area and was wondering about the overall laws and regulations.
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13 November 2024 | 9 replies
Ensure it cash flows comfortably.Market & Location: Research local rental demand, property values, and any applicable LTR regulations to understand the area’s potential for long-term success.Future Potential: Consider if the property could appreciate or attract quality tenants over time, supporting stable cash flow and asset growth.This checklist should set you up for a solid LTR investment!