Landlord laws in Portland, Oregon are extensive and constantly changing. We report on these changes and give researched articles on how to sell a property with a tenant inside (and whether or not it is a good idea to do so).
Stephen FitzMaurice, Realtor licensed since 2003, has extensive experience in selling multifamily and rental housing. His team is not only a part of the various local MLS and Realtor associations, but is a member of Costar and he features his client’s investment properties on Loopnet and other prominent commercial portals.
If you’re thinking of selling a multifamily or rental unit in the next twelve months, Stephen would love to talk with you and potentially setup a tour. Call today to set an appointment.
If you’re considering purchasing a multifamily plex or rental home in the next twelve months, Kami Price, buyers specialist would love to hear what you’re looking for. Call today to set an appointment.
Becoming a landlord means setting yourself up to increase your monthly income and build wealth over time so you and retire with the comfort of financial security. Being a landlord can create a kind of freedom in your life that allows for more time with family and friends and doing what you love. Of course, with all the positives comes with risk, and a lot of work at times. This can depend on the age of the property you rent, tenant turnover, or whether or not you manage yourself or decide to hire a property manager. It also means learning and staying on top changing local city and state rental laws. In this article, we’ll cover some of Portland’s game-changing...
The Portland real estate rental market was pretty eventful for rental owners in Portland in 2020. For long-term rental/investment property owners, the contentious FAIR ordinance went into effect city-wide in March, but was soon overshadowed by COVID and the subsequent ban on evictions. Short-term property owners saw a dip in bookings as well, but the situation resolved itself more quickly. Let’s review what the changes were for rental owners in the Portland real estate market this year, and what you need to do to be a successful rental owner in Portland in 2021 and beyond. Before we get started, we should say that we are not lawyers and that this blog post is not intended to be a complete guide...
Right around $2,000/month: That’s what the median renter pays in the Portland metro area, according to Zillow. For those looking to buy an investment property, that might sound like a pretty nice number. Of course, those who do their research on renting out a home in Portland will soon find that it’s not as simple as it first seems. From property taxes to maintenance, owning a Portland rental can be costly. Then there are the Portland laws governing landlord-tenant relationships, which in 2019 are more complex than ever. As real estate agents, we do encourage anyone interested in purchasing an investment property — or purchasing a primary home and renting out a bedroom, basement or Accessory Dwelling Unit — to...
What My Clients Are Saying
Stephen uses his broad knowledge of the market and his well-polished marketing skills to list houses at the maximum they can and will sell for. He is extremely adept at orchestrating all of the selling details and I look forward to doing business with him again.