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Landlord's in Portland Required to Pay Tenants $4,500 to Move

Recently the city of Portland passed a new ordinance that requires landlords to pay relocation expenses if they serve their tenant a No-cause notice or they raise the rent more than 10%. There are a number of things wrong with this ordinance, but as of right now landlords have no choice but to follow the ordinance as it is currently written. Unfortunately for tenants, this ordinance will increase the number of for-cause evictions and will decrease the supply of available rental units. Hopefully our legislature will recognize this and will start to focus on ways to increase the number of available units for tenants. The main cause for the problems the city cited comes from the low vacancy rat

The Most Valuable Dollar Bill

The story of a cruise ship, a bad habit, and the most valuable $1 bill you will ever own My business partner Terry Lodge and I attended the recent National Real Estate Investors Association Cruise Conference on behalf of NWREIA. Our goal was to bring back as much of the investor education we received there to our members as possible. But surprisingly, one of the most valuable lessons we learned this year came from a random observation made while Terry was searching for a cigarette. Let me back up and say, if you are in any kind of sales, you know that your success comes down to a numbers game. The more contacts you can create with people, the more referrals you will get and the more sales yo

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