In a recent episode of Real Estate News for Investors, Kathy Fettke discusses how Landlords in Portland (Oregon) and Seattle are being “choked” by new & proposed rental laws. Portland landlords are gearing up for a fight over legislation that would limit their use of an applicant’s criminal history as well as a proposal to reduce income and security deposit requirements. In Seattle, the city is facing a lawsuit over a more stringent version of those rules that were passed last year, and went into effect in February. The bottom-line here is that what starts on the coasts could spread inward…unless it’s stopped.
Kathy Fettke is the Co-Founder and Co-CEO of Real Wealth Network and is passionate about researching and then sharing the most important information about real estate, market cycles and the economy. She’s author of the #1 best-seller, Retire Rich with Rentals, Kathy is a frequent guest expert on such media as CNN, CNBC, Fox News, NPR and CBS. Her podcasts are a good one to have on your playlist.