Welcome to the Central Oregon Rental Owners Association
COROA is an organization of rental owners and managers who have joined together with a commitment to education and professionalism. Since 1979, COROA has been dedicated to helping rental owners and managers find and keep the best tenants, stay abreast of the latest rental laws, and protect their investments.
COROA members learn to treat their rentals as the business investment they are, and respect their tenants as the clients they are. Our monthly classes cover such topics as screening, evictions, abandoned property, law updates, tax advice and more. We understand that our members include not only seasoned professionals but also brand new rental owners, both of whom learn from the basic classes and also enjoy the more advanced class topics. Equally important is the networking that goes on at our monthly classes. As fellow landlords meet, ask questions, share experiences and learn great information, an association develops grounded on common goals and interests.
COROA represents more than 5000 rental housing units in Crook, Deschutes, Jefferson and Klamath Counties. Our members own or manage as few as one, or more than several hundred units. We are currently the third largest rental owners association in Oregon, and enjoy a membership of approximately 550.
Our affiliation with Oregon Rental Housing Association (ORHA) allows our membership to be part of a much larger and more powerful lobbying group dedicated to passing fair and balanced Landlord/Tenant Laws and legislation. We regularly enjoy speakers from ORHA at our monthly meetings.
We are located at 354 NE Greenwood, Suite 112 in Bend
OFFICE hours: 12pm to 4pm, Monday-Thursday
MEMBER ONLY Hotline # 541-323-6110 please keep in mind that we are closed Friday through Sunday but someone will get back to you Monday through Thursday.
Annual Rent Increase Percentage:
Housing Providers (Landlords, Owners, Property Managers),
Senate Bill 611 was signed into law on July 06, 2023. This bill will cap rent increases at 10% or 7% plus CPI (whichever is lower) - The exemption for new constructions remains at 15 years.
The maximum allowable rent increase percentage for the 2025 calendar year is 10% or 7% plus CPI (whichever is lower) – The allowable annual rent increase in 2025 is 10.0%. Only one rent increase may be issued in any 12-month period.
10 Possible benefits to being an Oregon Rental Owner:
1. Steady Income: Renting out property can provide a steady stream of income, especially if you have reliable tenants who pay their rent on time.
2. Property Appreciation: Oregon has experienced steady property appreciation in many areas over the years, which can increase the value of your investment.
3. Tax Deductions: Landlords can take advantage of various tax deductions, including mortgage interest, property taxes, insurance premiums, maintenance costs, and depreciation.
4. Control Over Property: As a landlord, you have control over your property, including the ability to make improvements, set rental rates, and decide on tenant selection.
5. Long-Term Investment: Real estate investment in Oregon can be a long-term strategy, providing financial security and potential retirement income.
6. Asset Diversification: Owning rental property can diversify your investment portfolio, reducing risk compared to investing solely in stocks or bonds.
7. Potential for Passive Income: With proper management and a reliable property management system in place, rental properties can generate passive income, allowing landlords to earn money without active involvement.
8. Housing Market Stability: Oregon's housing market has historically shown resilience, with relatively stable demand even during economic downturns.
9. Control Over Tenancy: Landlords in Oregon have the ability to screen tenants, set lease terms, and enforce rules to maintain the property's condition and ensure a positive rental experience.
10. Equity Build-Up: Through mortgage payments and asset appreciation, landlords build equity in their properties over time, which can be leveraged for future investments or used as a retirement asset and income.
Donate to Oregon Rental Housing KeyPac 1. Advocate for Legislation: Oregon Rental Housing Association works tirelessly to represent your interests in the state legislature, advocating for policies that support a healthy rental housing market while safeguarding your rights as property owners.
2. Monitor Regulatory Changes: ORHA Stays informed and ahead of regulatory shifts that impact your business. We keep a vigilant eye on evolving regulations to ensure you're equipped to navigate changes effectively.
3. Build Relationships: ORHA Establish meaningful connections with policymakers and stakeholders to ensure your voice is heard in decision-making processes that affect our industry.
4. Support Pro-Rental Owner Candidates: By supporting candidates who understand and champion Oregon Rental Owners needs, ORH Key PAC selects leaders who will work collaboratively to enact positive change for Oregon rental housing owners.
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