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Category: Portland Rental News and Tips

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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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portland oregon property management company

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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tenant

Long Term Guests Vs Tenants – What’s The Difference?

The rental market is constantly changing, especially since COVID-19, and the average tenant is welcoming family members, relatives, or close friends to stay with them in their rental properties. Everyone wants to help out a loved one or friend who may be in need but when someone stays in a rental property for longer than…
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rental property

7 Ideas To Boost The Curb Appeal Of Your Portland Rental Property

Curb appeal is one of the most important aspects of a rental property because of the simple fact that if a rental property looks ‘scary’ on the outside, it’s going to attract fewer tenants and this means you will have a smaller pool of applicants to choose from. Besides attracting a smaller pool of applicants…
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Rent Portland Home Professionals

What To Look For In A Property Manager In 2022

Are you thinking about hiring a Portland Oregon property manager in 2022? If so, you’ve come to the right place! Before hiring a company to manage your property, or portfolio of investment properties, make sure that you know what to look for in a property management company. In this article, we will offer you several…
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multifamily

Multifamily News – More Residents Continue To Work From Home Following Pandemic

If you lived in Portland or another big city in the United States, it wasn’t uncommon for residents who lived in the city to work in the city as well. Following the pandemic, many PDX residents transitioned from working out of the office to working from home in their apartments. For multifamily owners, this presented…
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rental property

Should You Buy Rental Property Next To A School?

Rental property is an excellent way to build wealth during unsteady economic times but what if the rental property that you want to buy is located next to a school? In this article, we will offer you several pros and cons about buying rental property next to a school so that you will know if…
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Beaverton Property Management Company

Property Management Tips – What To Do If Your Tenant Left Bad Smells Behind

Did your tenant recently move out of your Portland rental property and you noticed that they left bad smells behind? Although this problem is not uncommon, it can be difficult to deal with. Removing smells from rental properties is important because if those smells are still lingering when you show the property to the next…
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condo management

Condo Management – Learn How It Improves Your Rental Property ROI

Are you searching for condo management in Portland Oregon? If so, you’ve come to the right place! Condo management is the key to success with getting more ROI from your rental property because professional management saves you the hassle of managing your property yourself so you can focus on doing other things. About Condo Management…
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tenant

Tips For Handling A Tenant Death And Deceased Tenants Belongings

One of the most difficult situations that a landlord can encounter is the death of a tenant because it’s the landlord’s responsibility to make sure that the rental is secure, the belongings are sent to the tenants surviving relatives and the property is made rent-ready for the next tenant. Thankfully, landlords can prepare for this…
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Homes For Rent - Portland

Average Rent Portland Oregon – February 2022

Thanks to recent data from Rent Café, we know that the average rent for Portland Oregon is $1,667 per month for an apartment that offers 755 square feet of space. Rents in Portland closely mirror the rest of the country as they continue to climb due to a surging economy and more people going back…
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beaverton landlords

Common Plumbing Issues That Beaverton Landlords Must Be Aware Of

Plumbing is one of the biggest maintenance problems that Beaverton landlords face and these problems can range from mild to extreme. Thankfully, landlords in Beaverton can be prepared for plumbing issues before they arise by preparing in advance for those issues before they occur. Common Plumbing Issues Beaverton Landlords Should Watch For Clogged Drains –…
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appliances

What Are The Top 5 Rental Property Appliances For 2022?

Are you planning on updating your Portland Oregon rental property in 2022? If so, there are several key appliances that you should purchase that will add value to your property while attracting great tenants. In this article, we will break down what those appliances are and offer you tips on some of the other things…
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roommate

What To Do When Your Tenant Wants A Roommate

One common thing that you can expect to encounter while you own rental properties in Portland is a tenant who wants to have a roommate. Roommates are becoming more common since the Pandemic because many tenants have been unable to pay their rent due to Covid-19, lockdowns, or job losses and have found that having…
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Landlords, what’s your maintenance strategy?

Maintenance is one of the keys to success with owning successful rental properties in Portland, or elsewhere in the United States because if you keep your properties in great shape, they will continue to produce ROI for years to come. Sadly, many landlords fail at maintenance because they lack one thing, a maintenance strategy. Thankfully,…
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pet owner

What Are The Pros And Cons Of Renting Your Property To Pet Owners?

Are you planning on renting your property but you’re not sure if you should rent to pet owners? This is understandable because many landlords have had negative experiences renting to pet owners and this is why some owners will say no to all pets, while some will approve pets but with specific conditions. In this…
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rentals

Should You Let Your Tenants Make Improvements To Your Rental Properties?

One of the best ways to keep tenants happy is to let them make improvements to your rentals because this helps tenants to personalize the rental property and make it their home. Before allowing your tenants to make changes to your rental property, it’s best to make sure that you consider the following tips. Tip…
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smart home tech

Best Smart Home Tech For Single-Family Rental Properties

2022 is going to be another great year for owning single-family rental properties in Portland, and across the United States because SFR rentals continue to remain a hot commodity that investors can earn consistent cash flow from every month. If you’re thinking about making improvements to your single-family rental properties, you should make smart home…
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mold

Winter Property Maintenance – How To Remove Mold From A Rental Property

During the process of owning rental properties in Portland, or the surrounding area, you know that winters in the area can be cold, and mold easily grows easily. Sadly, most tenants reach out to the landlord expecting them to clean it for them.The reality is that most mold that’s found inside a rental property is…
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