Landlord Laws and Rules News

Portland Rental Law: What Landlords should Know in 2021

September 18, 2020

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...

Portland Rental Laws: 2020 Game-Changers

October 18, 2019

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...