GET STARTED:-503-646-9664
Info@PortlandRentalManagement.com

Tag: investment property

Property Management and Tenant Placement

long term rental

The Advantages of Long-Term Rental Properties: Building Wealth and Stability

Investing in real estate offers various avenues for financial growth, and long-term rental properties stand out as a stable and lucrative option. While short-term rentals may promise quick returns, long-term rental properties provide a steady income stream and numerous other benefits that contribute to long-term wealth accumulation and financial security. One of the primary advantages…
Read more

drought resistant landscaping

What rental property landscaping is the most drought resistant?

Choosing drought-resistant landscaping for rental properties can help save water and reduce maintenance costs. Here are some drought-resistant landscaping options: Native Plants: Choose plants that are native to your region as they are well adapted to the local climate and soil conditions. They typically require less water and maintenance once established. Xeriscaping: This landscaping technique…
Read more

long term tenants

Tenant Retention Strategies: Building Stronger Relationships for Long-Term Success

Maintaining a high tenant retention rate is essential for property owners and managers seeking long-term success in the real estate market. While attracting new tenants is important, retaining existing ones can significantly reduce vacancies, turnover costs, and the associated administrative burden. In this blog post, we’ll explore effective tenant retention strategies that focus on building…
Read more

property upgrades

How to balance property upgrades and increase tenant satisfaction

One of the constant struggles that owners have is how to make regular upgrades to their rental properties while balancing tenant satisfaction. Thankfully, this process doesn’t have to be complicated, especially when you incorporate the following tips that will help you to accomplish your goal of making regular upgrades to your rental properties. Tips For…
Read more

EV charging station

Are EV charging stations a good investment for rental properties?

In 2024, it’s not uncommon to know at least one person who owns an electric vehicle and since more people are renting than ever, more tenants are asking their landlords each year for electric vehicle charging stations at their rental properties. Is an EV charging station a good investment? In this article we will provide…
Read more

Tips For Stopping Crime At Your Rental Property

Preventing and addressing crime at a rental property is crucial for the safety and well-being of tenants and the overall community. Here are some tips to help stop crime at a rental property: Screen Tenants Thoroughly: Conduct thorough background checks on potential tenants, including criminal history, credit checks, and rental history. Verify references to ensure…
Read more

tenant screening

Top Tenant Screening Questions To Ask Every Tenant

Searching for tenant screening questions? If so, the quality of the questions that you ask prospective tenants is the best way to ensure that you’re going to rent to people who will be able to successfully live in your property for 12 months or longer. In this article we will offer you several tenant screening…
Read more

Rental Listing Scams

How Landlords Can Protect Themselves From Rental Listing Scams in 2024?

If you’ve owned rental properties in Portland Oregon for some time, you know that rental listing scams are always a possibility because criminals are constantly looking for ways to break the law. Thankfully, rental listing scams can be avoided, especially if a landlord knows what steps to take during the tenant screening process. In this…
Read more

How does inflation affect the rental market?

Inflation can have various effects on the rental market, influencing both landlords and tenants. Here are some ways in which inflation can impact the rental market: Rising Costs for Landlords: Inflation can lead to an increase in the cost of living, which includes property maintenance, repairs, and utilities. As these costs rise, landlords may be…
Read more

What forces will shape the rental market in 2024?

Are you planing on investing in rental properties in 2024? If so, like most investors, you’re probably wondering what forces may shape the rental market, especially considering that it’s going to be an election year. In this article, we will answer this question by providing you insight into what forces will have the most impact…
Read more

landlord-tenant disputes

Tips for handling landlord-tenant disputes in 2024

Dealing with landlord-tenant disputes can be challenging, but effective communication and a proactive approach can often help resolve issues amicably. Here are some tips for managing landlord-tenant disputes: Understand the Lease Agreement: Review the lease agreement thoroughly to understand the rights and responsibilities of both parties. This document serves as the foundation for resolving disputes.…
Read more

corporate market research

Can you use corporate market research to find the right rental markets? Yes!

If you are new to real estate investing, one of the most common buzz words in real estate is the “Starbucks Effect”. This phrase has become well-known over the years as studies have shown that properties located near Starbucks locations often increase in value when compared to areas where a Starbucks hasn’t been placed yet.…
Read more

rental property

Location Matters: How to Make the Right Choice for Your Rental Property

As a property investor, one of the most crucial decisions you will make is choosing the right location for your rental property. The location plays a significant role in determining the success and profitability of your investment. Whether you are a seasoned investor or a beginner, understanding the importance of location and considering several factors…
Read more

rental property

Mastering the Art of Setting the Perfect Rental Rate for Your Rental Property

Setting the perfect rental rate for your rental property is a crucial aspect of being a successful landlord. It can make or break your investment property. If you set the rent too high, you may struggle to find tenants, resulting in longer vacancies and lost income. On the other hand, if you set the rent…
Read more

portland property management

The Key Role of Service in Property Management: Why it Matters for Success

Property management plays a crucial role in the real estate industry, serving as the bridge between property owners and tenants. Whether it’s residential, commercial, or industrial properties, effective property management ensures the smooth operation, maintenance, and profitability of real estate assets. From screening tenants and collecting rent to resolving maintenance issues and enforcing lease agreements,…
Read more

rental properties

Unveiling the Top 5 Reasons Why Renters Choose to Stay in a Rental Properties

Are you planning on investing in rental properties in Portland Oregon but you’re not sure if owning rental property is a smart, long term investment?  Unlike stocks, or other traditional investments, rental-properties continue to be in demand because of one simple reason, everyone needs a place to live and there’s no better position for an…
Read more

rental properties

The Ultimate Guide to Generating Passive Income: Strategies for Success with Rental Properties

Owning rental properties is certainly a great way to earn passive income and enjoy financial freedom. Imagine earning money while you sleep, without having to trade your time for a paycheck. One of the most effective ways to achieve passive income is through rental properties. In this ultimate guide, we will explore the strategies for…
Read more

rental property marketing

Stay Ahead of the Competition: Innovative Rental Property Marketing Strategies Revealed

Searching for rental property marketing tips? If so, you’ve come to the right place! As the rental property industry becomes increasingly competitive, it is crucial for property owners and managers to employ innovative marketing strategies to stay ahead of the game. In this article, we will explore the importance of these strategies and reveal effective…
Read more

rental properties

Unlocking the Secrets to a Profitable Investment Property: A Step-by-Step Guide

Owing a profitable investment property has always been an attractive option for those seeking financial stability and long-term wealth. The good news is that owning rental properties doesn’t have to be difficult, especially if you follow a proven plan that you can use for investing in investment properties. In this comprehensive guide, we will explore…
Read more

Rental Property Bathroom Renovation

Rental Property Bathroom Renovation: A Comprehensive Guide

As a landlord, it’s important to keep your rental property in a good condition to attract good tenants. One area that can easily become outdated and unappealing is the bathroom. A bathroom renovation can be a daunting task, but with proper planning and execution, it can significantly increase the value of your property. In this…
Read more

rental property kitchen renovation

Rental Property Kitchen Renovation – Is It Worth The Investment?

As a landlord, one of your top priorities is maximizing the value of your rental property and one of the best ways to do that is a rental property kitchen renovation. If you’re on the fence about renovating the kitchen in your rental property, this article will offer you tips on if you should renovate…
Read more

tenant screening

Building Stronger Bonds: How to Boost Tenant Retention in Your Rental Property

As a property owner, one of your primary goals is to ensure that your rental property remains occupied and using tenant retention strategies can help you with this. In this article, we will share with you tenant retention tips that you can use to keep the most qualified tenants living in your PDX area rental…
Read more

amenities

The Must-Have Amenities to Attract and Retain Tenants in Your Rental Property

When it comes to rental properties, amenities play a crucial role in attracting and retaining tenants. In today’s competitive market, tenants are not just looking for a roof over their heads; they want a place that offers convenience, comfort, and a high quality of life. This is where amenities come into play. By providing desirable…
Read more

rental property ROI

Rental Property ROI: How to Calculate and Boost Your Investment Returns

  As a rental property investor, one of the most important things you need to understand is your return on investment (ROI). This metric measures how much profit you’re making on your investment relative to the amount of money you’ve put in. Calculating ROI is crucial for evaluating the performance of your rental properties and…
Read more

property management

The Future of Property Management: Exploring the Hottest Trends

As the world evolves, so does the property management industry. In recent years, we have witnessed significant changes in the way properties are managed, thanks to technology and innovation. The future of property management is an exciting topic that is gaining more attention every day. Property managers are always on the lookout for the latest…
Read more

eviction

Proven strategies that help landlords avoid evictions

Eviction is one of the one thing that every landlord wants to avoid but the sad thing is that in the 2020’s, more landlords are having to deal with evictions than ever before, especially since Covid-19 and the end of eviction protections in Oregon. Thankfully, despite the challenges in the rental market, eviction can be…
Read more

tenant move out process

Streamline Your Tenant Move Out Process: Essential Tips for Landlords

Being a landlord is no easy feat, especially when it comes time to handle the tenant move-out process.  The dreaded move-out process can quickly become a nightmare if not handled properly and can cost landlords precious time and money. That’s why it’s essential to streamline the process as much as possible so that it runs…
Read more

investing in Condominiums

A Beginner’s Guide to Investing in Condominiums: Understanding the Basics

If you’ve been considering investing in condominiums but have no idea where to begin, you’ve come to the right place. Investing in condominiums can be a great way to build wealth and create a steady stream of income, but it can also be overwhelming for the uninitiated. This beginner’s guide to investing in condominiums will…
Read more

The Top 10 Rental Property Amenities That Tenants Look For

Having trouble filling your rental property? It could be that you’re not providing enough of the amenities that tenants are looking for. Tenants have different needs and preferences when it comes to rental properties, so it’s important to know what they consider important. From pet-friendly features to energy-efficient appliances, here are the top 10 rental…
Read more

application fee

How Much Should Landlords Charge for Rental Property Application Fee – A Comprehensive Guide

When it comes to renting out a property, landlords face a variety of questions, one of which is how much should they charge for a rental application fee? This is an important decision, which can have a major impact on the financial health of a landlord’s rental business. After all, if the fee is too…
Read more