Oregon just extended rent moratorium to Feb 2022. Anyone buying rental houses now is either Mother Teresa or a former Blockbuster executive.
Have to give Kate Brown credit. In the Covid shutdown game, seeing her hang with Inslee was not surprising, being left of Newson from California takes some doing.
She also came out yesterday and said if the state would get to 70% Vaccination Rate, she would rollback most of the phases.
Every article I am reading says about 50% of the people have got the shot and we are stalling out there. Anyone who wanted a shot the last month could have gotten one with no issue or wait time.
Getting to 70% is going to be almost impossible.
Feb 2022 will almost be two full years for landlords to not get paid. #ouch
I'll preface by saying that I thought from the get-go that the way "relief" was handled was fucking retarded. Instead of giving thousands of dollars to somebody like me who coincidentally had the highest earnings year of his life, I don't understand why they couldn't have just temporarily paid 100% UI and walked away. If you want to simultaneously prime the economy to keep it going, fuck, pay 100% + $300 or something. Simply making people whole for lost wages would have completely removed the need for any of the other unfair and confusing things like eviction and foreclosure moratoriums. Then again, offer 100% UI, and the Tugtard crowd would complain about disincentivizing employment (and they'd be right in a non-zero percent of cases), so you're damned if you do, damned if you don't.
ATBSJBS, I can't be mad at a governor who says, "All you have to do is an extremely simple thing that the government has spent billions of dollars paying for so you don't have to, takes 30 minutes of your time, and could not be simpler to schedule and find, and everything will go back to normal."
As I type this, I'm midway through a "day" that's already lasted close to 30 hours and has a long way to go, starting an 18-hour shift at midnight just seven hours after finishing a 10 hour shift because I work with apes who don't want The Man injecting 5G into their arm, so they keep getting fucking COVID and I have to cover. I'm fuckin' over it, tired of having to wear a mask at work a month past being vaccinated against this shit, tired of being forced to get shithoused at home alone, and, most importantly, tired of seeing my fucking kids during school hours. At this point, I don't care if it's landlords being buttfucked by policy, sports fans not being able to watch the purple and gray disappoint in person, or drunks tired of drunking in private, my response is the same: "Then get the fucking FREE vaccine."
Brown's not the problem. The fact that 50% seems to be the ceiling is the problem. This is very much why we can't have nice things.
Interestingly, there has been a known quantity of Seattle "investors" over the last several years who have bought Aberdeen properties for rental investment. I wonder what their experience has been.
The host of the BiggerPockets podcast has in fact crushed the 'Deen real estate scene.
I've posted about him before but am too lazy to go find it.
BiggerPockets.com is nails for all things RE investing.
I was reading this thread and was gonna mention Bigger Pockets and that guys property (properties?) in Aberdeen.
You probably already know this but that guy - I think his name is Brandon - got into a very niche market by targeting mobile home parks. I think he’s also from the area so he had a good idea of what he’s doing regarding Aberdeen. I’d be hesitant to get into an area like Aberdeen without having a really solid background and information.
To echo what @YellowSnow said, being a landlord/property manager can be a pain. Over the last 8 years, we’ve had a vacation rental on Kauai, a condo in Seattle and a townhome here in Lexington.
Vacation rental was pretty easy and a lot of fun. We had a solid team on island to help us manage it.
The Seattle condo was great until we missed a year of checking on it. The tenant - we inherited him when we bought it - never missed rent but something went off the rails and he turned into a hoarder and the place was a mess. We told him we were selling, he moved and we remodeled and sold it. Things were great until they weren’t.
The Lexington townhouse is really for lil’ nacho to live in while in college but we bought it a year prior to her sophomore year. The current tenants are good but 3 young millennial girls and email/text with all sorts of random, trivial shit.
...The Seattle condo was great until we missed a year of checking on it. The tenant - we inherited him when we bought it - never missed rent but something went off the rails and he turned into a hoarder and the place was a mess. We told him we were selling, he moved and we remodeled and sold it. Things were great until they weren’t.
Did you at least make some money off the deal before it went south?
Interestingly, there has been a known quantity of Seattle "investors" over the last several years who have bought Aberdeen properties for rental investment. I wonder what their experience has been.
The host of the BiggerPockets podcast has in fact crushed the 'Deen real estate scene.
I've posted about him before but am too lazy to go find it.
BiggerPockets.com is nails for all things RE investing.
I was reading this thread and was gonna mention Bigger Pockets and that guys property (properties?) in Aberdeen.
You probably already know this but that guy - I think his name is Brandon - got into a very niche market by targeting mobile home parks. I think he’s also from the area so he had a good idea of what he’s doing regarding Aberdeen. I’d be hesitant to get into an area like Aberdeen without having a really solid background and information.
To echo what @YellowSnow said, being a landlord/property manager can be a pain. Over the last 8 years, we’ve had a vacation rental on Kauai, a condo in Seattle and a townhome here in Lexington.
Vacation rental was pretty easy and a lot of fun. We had a solid team on island to help us manage it.
The Seattle condo was great until we missed a year of checking on it. The tenant - we inherited him when we bought it - never missed rent but something went off the rails and he turned into a hoarder and the place was a mess. We told him we were selling, he moved and we remodeled and sold it. Things were great until they weren’t.
The Lexington townhouse is really for lil’ nacho to live in while in college but we bought it a year prior to her sophomore year. The current tenants are good but 3 young millennial girls and email/text with all sorts of random, trivial shit.
...The Seattle condo was great until we missed a year of checking on it. The tenant - we inherited him when we bought it - never missed rent but something went off the rails and he turned into a hoarder and the place was a mess. We told him we were selling, he moved and we remodeled and sold it. Things were great until they weren’t.
Did you at least make some money off the deal before it went south?
We made a good chunk when we sold and the tenant never missed his rent. I’m not even sure if we kept his security deposit as we were worried he might not vacate and this was Seattle in 2018; we didn’t want to have an eviction process to fight in a progressive place like Seattle.
Oregon just extended rent moratorium to Feb 2022. Anyone buying rental houses now is either Mother Teresa or a former Blockbuster executive.
Have to give Kate Brown credit. In the Covid shutdown game, seeing her hang with Inslee was not surprising, being left of Newson from California takes some doing.
She also came out yesterday and said if the state would get to 70% Vaccination Rate, she would rollback most of the phases.
Every article I am reading says about 50% of the people have got the shot and we are stalling out there. Anyone who wanted a shot the last month could have gotten one with no issue or wait time.
Getting to 70% is going to be almost impossible.
Feb 2022 will almost be two full years for landlords to not get paid. #ouch
I'll preface by saying that I thought from the get-go that the way "relief" was handled was fucking retarded. Instead of giving thousands of dollars to somebody like me who coincidentally had the highest earnings year of his life, I don't understand why they couldn't have just temporarily paid 100% UI and walked away. If you want to simultaneously prime the economy to keep it going, fuck, pay 100% + $300 or something. Simply making people whole for lost wages would have completely removed the need for any of the other unfair and confusing things like eviction and foreclosure moratoriums. Then again, offer 100% UI, and the Tugtard crowd would complain about disincentivizing employment (and they'd be right in a non-zero percent of cases), so you're damned if you do, damned if you don't.
ATBSJBS, I can't be mad at a governor who says, "All you have to do is an extremely simple thing that the government has spent billions of dollars paying for so you don't have to, takes 30 minutes of your time, and could not be simpler to schedule and find, and everything will go back to normal."
As I type this, I'm midway through a "day" that's already lasted close to 30 hours and has a long way to go, starting an 18-hour shift at midnight just seven hours after finishing a 10 hour shift because I work with apes who don't want The Man injecting 5G into their arm, so they keep getting fucking COVID and I have to cover. I'm fuckin' over it, tired of having to wear a mask at work a month past being vaccinated against this shit, tired of being forced to get shithoused at home alone, and, most importantly, tired of seeing my fucking kids during school hours. At this point, I don't care if it's landlords being buttfucked by policy, sports fans not being able to watch the purple and gray disappoint in person, or drunks tired of drunking in private, my response is the same: "Then get the fucking FREE vaccine."
Brown's not the problem. The fact that 50% seems to be the ceiling is the problem. This is very much why we can't have nice things.
Oregon is at 56% as a whole now. She isn’t counting 2nd shots. Just firsts. As the Queen bitch took? the J & J publically and can’t make 2nd shots the standard.
But Marion County, where I live? is still below 40. Marion County has a huge Hispanic population and they aren’t getting the shots. And they never will. It’s a culture thing. And a trust thing.
One sidebar she spoke of was that a County is good as long as they are 65% and are making steps to make vaccination access “more equitable”. My guysm that should know wtf that means have no answers.
2 weeks ago Oregon was the only state in the Union that didn’t allow indoor dining.
Oregon’s death rate is still bottom 5 in the country. Kate is done and can’t run again due to term limits. Why would this be happening?
Comments
ATBSJBS, I can't be mad at a governor who says, "All you have to do is an extremely simple thing that the government has spent billions of dollars paying for so you don't have to, takes 30 minutes of your time, and could not be simpler to schedule and find, and everything will go back to normal."
As I type this, I'm midway through a "day" that's already lasted close to 30 hours and has a long way to go, starting an 18-hour shift at midnight just seven hours after finishing a 10 hour shift because I work with apes who don't want The Man injecting 5G into their arm, so they keep getting fucking COVID and I have to cover. I'm fuckin' over it, tired of having to wear a mask at work a month past being vaccinated against this shit, tired of being forced to get shithoused at home alone, and, most importantly, tired of seeing my fucking kids during school hours. At this point, I don't care if it's landlords being buttfucked by policy, sports fans not being able to watch the purple and gray disappoint in person, or drunks tired of drunking in private, my response is the same: "Then get the fucking FREE vaccine."
Brown's not the problem. The fact that 50% seems to be the ceiling is the problem. This is very much why we can't have nice things.
You probably already know this but that guy - I think his name is Brandon - got into a very niche market by targeting mobile home parks. I think he’s also from the area so he had a good idea of what he’s doing regarding Aberdeen. I’d be hesitant to get into an area like Aberdeen without having a really solid background and information.
To echo what @YellowSnow said, being a landlord/property manager can be a pain. Over the last 8 years, we’ve had a vacation rental on Kauai, a condo in Seattle and a townhome here in Lexington.
Vacation rental was pretty easy and a lot of fun. We had a solid team on island to help us manage it.
The Seattle condo was great until we missed a year of checking on it. The tenant - we inherited him when we bought it - never missed rent but something went off the rails and he turned into a hoarder and the place was a mess. We told him we were selling, he moved and we remodeled and sold it. Things were great until they weren’t.
The Lexington townhouse is really for lil’ nacho to live in while in college but we bought it a year prior to her sophomore year. The current tenants are good but 3 young millennial girls and email/text with all sorts of random, trivial shit.
Nothing special.
I like my money and investment opportunities simple: green. I'll come here for the inspirational quotes.
But Marion County, where I live? is still below 40. Marion County has a huge Hispanic population and they aren’t getting the shots. And they never will. It’s a culture thing. And a trust thing.
One sidebar she spoke of was that a County is good as long as they are 65% and are making steps to make vaccination access “more equitable”. My guysm that should know wtf that means have no answers.
2 weeks ago Oregon was the only state in the Union that didn’t allow indoor dining.
Oregon’s death rate is still bottom 5 in the country. Kate is done and can’t run again due to term limits. Why would this be happening?