As a real estate professional, I find it very amusing to watch my real estate agent colleagues talk about the real estate market slowing down as if the sky were falling. They grasp for explanations while bemoaning the lack of offers they are getting on their listings. What many fail to recognize is that when interest rates rise, there is going to be an inverse effect on values.
With the rise of vacation rental sites, short-term rentals (rentals for less than 30 days) are a hot topic in Portland and throughout the world. Portland hosts headquarters for both Airbnb, and another up-and-coming juggernaut called Vacasa. Despite this, short-term rentals are a contested subject in the city. Many people, though, are still left wondering: “Can I turn my property into a short-term rental?”
If you are a landlord then there is a strong likelihood that at some point in your ownership tenure that a tenant will have a service animal. It is important for you to know the rules around service animals and how they differ from pets.
I am writing this update on a beautiful fall morning in Portland. This in and of itself is a monumental occasion because I am not rushing to go show an apartment, fix a leaking toilet, or reconcile our trust accounts. For the first time ever, I have the ability to sit down and communicate with you about our company: how we got started, where we are at now, and where we are going in the near future.