Whether you’re an experienced investor looking for a way to grow your portfolio, or you’re a new investor interested in the Portland rental market, investing in this area is a hot topic right now. There are many opportunities here, and we’re talking about some of the best areas for investors to consider in and around Portland.
Expanding Out of Portland
Everyone knows that the population of Portland is growing fast, and will likely continue to do so. That means people are expanding further outside of the city. This creates a commute that’s a little bit longer, but people are willing to do it in order to find a great rental property. For that reason, we suggest investing in Beaverton, Hillsboro, Scappoose, and St. Helens. We are also partial to Sauvie Island, which is absolutely beautiful. West of Portland is Lake Oswego, which is another excellent community in which to invest. All of these places will attract high quality renters and ensure you see a high return on your investment.
Investing in Portland
Many investors like to have a Portland address. If you want to buy property that inside the city of Portland, the best areas are Portland Northwest and Portland Northeast. The up and coming areas in the city would be Southwest and Southeast Portland. However, the northern segments are really booming right now, and it's a good time to get into the rental market if you have the right investment property.
There are a number of excellent opportunities in Portland for experienced and emerging investors. We’d be happy to help you find the right rental home. If you'd like to learn more about us, we invite you to visit our website and spend some time with our other blogs. You can also contact us at Mirror Property Management in Scappoose, OR with any questions you might have.