A vampire property is a residential property that has gone through foreclosure or has been abandoned by its owner, but is still occupied by former owners, tenants, or other individuals who remain in the home. This puts the property in a sort of “undead”...
“RP Residential” is a property type designation in Portland, Oregon (and in some other jurisdictions) that stands for “Real Property, Residential.” This means that the property is currently used as a residence, and not for commercial or...
“RCU Residential, Commercial Use” is a property designation used in Portland, Oregon (as well as in other jurisdictions across the country) to describe a property that has both residential and limited commercial uses, excluding industrial uses. Thus, a...
Terms like “buyer’s market” and “seller’s market” are frustrating to me because they’re often used thoughtlessly. These terms are useful to describe large-scale trends, but they lead people to make faulty assumptions about...
New Wholesaler Laws in North Dakota Beginning August 1, 2025, North Dakota expanded its real estate wholesaling law to apply to all real property, rather than only residential real property. Under the revised law, a wholesaler is a person who enters into an agreement...
