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Category: Portland Rental News and Tips

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tenant background check

The Importance of Tenant Background Checks

Are you planning on investing in your first Portland Oregon rental property? If so, even though you may be eager to rent that property out ASAP, the reality is that you can’t rush the screening process, especially when it comes to background checks in Portland Oregon. Background checks are important because they ensure that you…
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High End Vs Traditional Rental Property – What’s The Difference?

Do you own a Beaverton Oregon home that you’re thinking of renting but you’re not sure if you should list it as a high-end rental property? Even though you may have thought of your property as high end in the past, the reality is that there are several features that renters look for when they…
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rental real estate

Stocks Vs. Rental Real Estate – Which Option Is Better?

Searching for information on stocks vs. rental real estate? If so, you’ve come to the right place! There’s no denying that investors are ‘shell shocked’ right now as the Dow has slipped below 30,000 for the first time in almost two years, with no end in sight. Thankfully, rental real estate continues to be a…
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rental property

Can New Hardware Increase Your Rental Property ROI? Yes!

Are you searching for ways to increase your rental property ROI? If so, one of the easiest things to do is to invest in new hardware for your rental property. Hardware (door knobs, light fixtures, faucets, light switches, door hinges, and cabinet pulls) is sometimes all that’s needed to increase rental property ROI, keep your…
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rental property updates

Green Rental Property Updates That Are Worth The Time And Money

Are you thinking about updating your rental property in 2022 but you’re not sure which updates are worth the time and money? In this article, we will share with you which green updates you should make to your rental property, that will increase the value of your property, while also helping your tenants to decrease…
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tenant screening

Reasons Why Hiring A Tenant Screening Professional Is A Smart Decision To Make

Searching for ways to grow your portfolio of investment properties in Portland? If so, one thing you should do immediately is hire a tenant screening professional. Tenant screening is one of the keys to success with owning rental properties in Portland because it’s what’s going to ensure that you rent to the most qualified tenants…
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Xeriscaping

What Is Xeriscaping? Should You Consider It For Your Rental Property?

If you own rental properties in Portland Oregon, you may be considering Xeriscaping for your properties because, with more than 90% of Oregon in a drought, it makes sense to consider landscaping that requires little water. If you’re still ‘on the fence’ about Xeriscaping, this article will offer you some insight into why you should…
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property marketing

3 Rental Property Marketing Mistakes To Avoid

Finding the most qualified tenant all comes down to one thing, marketing, but many owners make common mistakes during the marketing process that often prove to be costly in terms of placing a bad tenant who ends up being a major headache for the owner. In this article, we will share with you the most…
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active real estate investing

Passive Vs. Active Real Estate Investing – What’s The Difference?

Real Estate investing continues to be one of the best investments in the 2020s because properties continue to appreciate due to increased demand for rentals, and one of the most important things to do when investing in rental real estate is to know the difference between active vs. passive real estate investing. If you’re new…
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Should You Provide A Fire Extinguisher At Your Rental Property?

Besides having landlord insurance, having a fire extinguisher at your rental property is one of the most important things you can do to protect your best interests while also protecting the lives of your tenants.  If you’re on the fence about investing in a fire extinguisher for your property, here are several reasons why you…
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rental property

3 Areas In Your Portland Oregon Rental Property That Need To Be More Accessible

Rental property accessibility is more important than ever before because it’s not uncommon in the 2020’s people of all ages including the elderly, and people with disabilities, to be renting, and your job as a landlord is to make your property more accessible to those renters. Thankfully, you can accomplish the goal of making your…
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Wear And Tear Vs. Damage – What To Look For After Your Tenant Moves Out

One common thing that every landlord has to deal with after their tenant moves out is defining wear and tear vs. damage. Not every tenant will damage leave their property in a damaged state after they move out but, most tenants may leave the property with some wear and tear. The most important thing to…
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rent

How To Quickly Rent Your Portland Oregon Property

It doesn’t matter if you’re going to rent your investment property for the first time, or you’ve owned rental properties for years, getting that property rented quick is important. When that property is not rented, having it sit vacant can be stressful, especially if you have bills and other expenses due that you need rental…
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Tips For Writing A Good Property Listing

One of the keys to success with owning rental property is being able to write a good property listing because, if renters can’t find your property, you will get fewer applicants than you expected. Thankfully, writing a rental property is easier than you think, especially if you follow these simple tips. Tip #1 – Your…
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rental property

Easy Ways To Add Color To A Rental Property Without Painting

There’s no denying that renting is one of the easiest things to do but personalizing a rental property isn’t always easy, especially if your landlord says no to painting. Thankfully, you can easily personalize your rental, without painting, simply by following these tips. Tip #1 – Add Colorful Curtains Let’s face it, one of the…
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grills

Should You Let Your Tenants Have Grills This Summer?

Summer 2022 is around the corner and with the start of summer also comes grilling season. Grilling seasons can last through November since grilling and football are also two things that most people like to do during the year. The big question is should you allow grills at your rental property? In this article, we…
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real estate investing

Understanding Passive Vs. Active Real Estate Investing

If you’re just getting started with real estate investing in Portland, you’re going to hear about passive vs. active real estate investing. Understanding these two forms of Oregon real estate investing is important because it can mean the difference between spending time and money managing your property or enjoying the income from your property without…
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security deposit

What Are The Benefits Of Collecting A Security Deposit?

Sadly, during their day-to-day operations, some owners may let one or more of their tenants move in without collecting a security deposit, or the first month’s rent, since more than 40% of landlords nationwide manage their properties themselves.  Security deposits are an important part of every landlord’s business and they shouldn’t think twice about requiring…
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active real estate investing

Tips For Accidental Landlords

Did you recently inherit a rental property from a family member? If so, you’re not alone, and if you were not prepared for it, you offically fall into the category of an accidental landlord. As the Baby Boomer population ages, more and more people are becoming accidental landlords because rental properties are being passed down…
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rental income

How To Increase Your Portland Rental Income Without Raising Rent

There’s no denying that most landlords want to increase their Portland Rental Income but, that’s not always possible due to rent control. Thankfully, landlords can accomplish the goal of increasing the income earned from their PDX rental property when they follow these simple tips. Tip #1 – Reduce Costs One of the very best ways…
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tenants

Tips For Refining The Tenants Move Out Process

If you’ve owned rental properties in Portland Oregon for a while now, you know that you’re going to have tenants moving in, and moving out every year. The tenant moves out process can be one of the most time-consuming aspects of being a landlord simply because there are a lot of ‘moving parts’ to this…
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portland

Portland News – Job Growth Was Among The Fastest In The Nation Last Year

Planning on moving to Portland Oregon? Thanks to a recent report, we know that job growth in the PDX area last year was among the fastest in the nation. Much of the job growth gains were due to employers rehiring the same people that they laid off due to COVID, but the reality is that…
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rental

What To Ask A Prospective Tenants Rental References

Tenant screening is one of the keys to success in owning rental properties in Portland Oregon, or elsewhere nationwide. Even though most landlords know it’s important, few landlords know what questions they should be asking a prospective tenants rental references during the tenant screening process. Thankfully, tenant screening doesn’t have to be difficult especially when…
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welcome packet

What Should You Include In Your Tenant Welcome Packet?

The tenant welcome packet is one of the most important things to have ready for a tenant when they first move in because it gives you the ability to offer them valuable information while also offering them something that shows their business means something to you. If you’ve never given a welcome packet to your…
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rental

How To Get The Most ROI From Your Single Family Rental In 2022

Are you searching for tips on how to get the most ROI from your rental property in 2022? If so, you’ve come to the right place! Focusing on return on investment is one of the keys to success with owning rental properties and you can get more ROI from your single family rentals by following…
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inflation

How Will Inflation Affect The Cost Of Maintenance For Rental Property Owners

Inflation is here and although many economists say that it’s currently at 7.5 percent, the reality is that in some cases, inflation seems to be much higher. The big question is how will inflation affect rental property owners in Portland Oregon and the United States? In this article, we will answer this question and offer…
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tenant background check

How To Have An Efficient Tenant Screening Process

Tenant screening is an essential part of owning rental properties because this means that the landlord is one step closer to filling a vacancy. Even though tenant screening is important, the reality is that many landlords have a difficult time with it, and this can lead to problems in their businesses, especially if they don’t…
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Fair Housing 2022 – Best Practices For Staying Compliant

Fair Housing Laws are important for tenants because they ensure that each tenant is treated fairly by landlords regardless of their national origin, religion, race, color, or gender. Even though these laws are important, it is easy for some landlords to violate fair housing laws because they get too busy and place less importance on…
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payment

Online Rent Payments Continue To Dominate After The Pandemic

As the country continues to return to normal following the Pandemic, one thing that will remain long after the days of face masks and lockdowns is online rent payments. Online rent payments continue to be the preferred method of paying rent for tenants of all ages because of the simple fact that it’s easier for…
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contractor

Tips For Choosing The Best Contractors For Your Rental Property

Are you thinking about making some improvements to your Portland Oregon Rental Property? If so, unless you are intent on doing the work yourself, you’re going to have to hire a contractor. In today’s world, hiring a contractor can be tricky, especially since there are a lot of ‘fake reviews online, and it can be…
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