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AC Requirements for Portland Landlords May Be Coming

Rental Housing Journal

Portland landlords may soon have air conditioning requirements for their rental properties, according to reports. The Portland Permitting and Development Bureau is exploring a code amendment to create a maximum indoor-temperature standard for rental units. In Portland, there are more than 153,000 rental units.

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Investing in multifamily apartments: Key benefits and risks explained

MRI Software

Population growth and limited housing supply in many areas drive demand for rental units, further boosting property values. This sustained demand strengthens the long-term investment case for multifamily properties. Non-compliance with these rules can lead to fines, legal disputes, or reputational damage.

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Multifamily condo conversion: Is it the right move for your property?

MRI Software

Surveys and detailed floor plans are necessary to clearly define the boundaries of each unit and shared area. These steps ensure compliance with local regulations and provide the foundation for a smooth conversion process. Condos tend to sell at a higher price per square foot compared to rental units, especially in competitive markets.

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