There’s no denying that record keeping is an essential part of owning profitable rental properties because having clear and concise records will help you to stay organized, maximize profitability and resolve problems quickly. Sadly, most landlords who are DIY property managers fail at record keeping and they are consistently behind when it comes to ensuring…
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As the fall season approaches, it’s time for landlords to take charge and prepare their rental properties. Proactive maintenance and strategic updates are not just tasks, but a demonstration of your responsibility and control. Here are seven things you can do to prepare your rental property for the fall. Inspect and Clean Gutters One of…
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As a landlord, renting out properties is generally a straightforward business transaction. However, it can sometimes lead to complex and dangerous situations, especially when a tenant becomes abusive or poses a risk to others. Handling an abusive or perilous tenant requires a careful balance of legal knowledge, practical steps, and, sometimes, personal safety measures. This…
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One of the most significant financial considerations for landlords and tenants when entering into a rental agreement is the security deposit. This upfront payment serves as a safety net for landlords while providing tenants with clear expectations. Understanding the appropriate amount for a security deposit and what it covers is essential for a smooth and…
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The relationship between landlords and tenants is a balancing act between the landlord’s ownership rights and the tenant’s right to privacy and peaceful enjoyment of their rented property. One key aspect of this relationship is the landlord’s right of entry—an issue that can sometimes lead to disputes if not adequately understood or handled. This article…
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Searching for more information on whether property management fees are tax deductible? This is a common question that many owners ask at some point. In most cases, the answer is yes property management fees are tax deductible. Knowing that these significant expenses can be offset can bring a profound sense of relief. Still, there are…
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While firing your property manager to save money may seem like a cost-effective decision, it’s vital to consider the long-term consequences of this move. These could include legal issues, tenant disputes, and property damage that may arise due to a lack of professional oversight. Here are several reasons why retaining your property manager can be…
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Managing rental properties can be a complex and time-consuming endeavor. While the allure of saving money by managing properties can be strong, DIY property management often presents challenges that can outweigh the perceived benefits. Here are several reasons why most property owners may choose professional property management over DIY property management. Time-Consuming Responsibilities Managing a…
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Whether a single-family home or a townhome is the best investment depends on various factors, including your financial goals, location, market conditions, and personal preferences. Here are some considerations for each: Single-Family Homes: Privacy: Single-family homes typically offer more privacy since they are standalone properties with no shared walls. Outdoor Space: They often come with…
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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…
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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…
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Are you thinking about investing in a rental property in Portland Oregon, or elsewhere across the United States? One of the most important questions to ask yourself after you purchase that rental property is: can I manage this property myself? Taking the time to really assess all your daily responsibilities, and then asking yourself if…
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Searching for rental property maintenance tips? Even though we’re still enjoying warm days, fall is around the corner, and with the start of fall, it’s important for every landlord to take steps to get their rental properties ready for the winter months because rain and snow are on the way. If you haven’t made improvements…
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Are you planning on making rental property improvements to your Portland Oregon rental? If so, you come to the right place! Making regular improvements to your rental property is important because, this shows your tenants that you care about them as individuals, and you’re not just focusing on earning income from them monthly. Studies have…
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Are you planning on renting your Portland OR home for the first time? If so, you come to the right place! As the real estate market in Portland Oregon cools, many homeowners are taking their properties off the market and choosing to rent them out instead. Hanging onto that Portland OR home is a smart…
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At some point, every owner must ask the question if it’s time for them to outsource the management of their local rental properties to a Portland property manager. Some owners may come to this point sooner, rather than later but, every owner needs to take the time to analyze their rental property and ask themselves…
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Are you searching for a rental home in Portland Oregon? If so, Portland continues to be an ideal place to live because it’s so close to many fun things to do in the area including great restaurants, schools, shops, stores, and more. In this article, we will share with you tips on how to choose…
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Airbnb and other short term occupancy rentals have boomed over the last 10 years, but as with anything, the party eventually ends. As of June 2022, the short-term rental market has seen its biggest decline ever, and it’s likely that the market has not hit bottom yet as more economic uncertainty is predicted to hit…
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Searching for information on how to care for your rental property? If so, you’ve come to the right place! Rental property is a smart investment that continues to offer excellent ROI, but few owners really know how to take care of their investment properties. In this article we will offer you our 2022 guide for…
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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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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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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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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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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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Owning rental properties in Portland Oregon is a great way to earn passive income, but the reality is that during the process of owning rentals you’re going to have good tenants who end up leaving. Sadly, even though a tenant may rent from you for more than 12 months the reality is that something was…
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Are you planning on investing in rental properties in Oregon? If so, there are a variety of late fees and grace period laws in Oregon that landlords must know. Before investing in your first rental property in Portland, or elsewhere in Oregon, here is a breakdown of the top late fees and grace period laws…
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Are you interested in learning more about how to buy property in the USA from India? The good news is that anyone can buy property in the United States, regardless of their citizenship; the United States of America currently has no laws and restrictions in place that prevent an individual from buying real estate here.…
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2020-2021 has been tough for landlords in Oregon for many reasons but illegal housing discrimination continues to be a top problem. As more cases are arising across the State of Oregon each year and all landlords must be knowledgeable about housing discrimination so they can protect their best interests. What Is Illegal Housing Discrimination? Discrimination…
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During the process of landlord-tenant relationship, and owning (or renting) a Portland Oregon Rental property, it’s not uncommon for the question to be asked if nail holes are a normal part of wear and tear? Even though it’s not uncommon for most tenants to hang artwork, posters, or pictures in their rental properties, that will…
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Make no mistake about it, owning rental properties is a great way to enjoy monthly cash flow while building wealth but if your tenants are not hands-off, and they require a lot of work, this can make being a landlord seem like it’s more work than what it’s worth. Thankfully, the good news is that…
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Rent Portland Homes Professionals 9725 SW Beaverton Hillsdale HWY Suite 120, Beaverton, OR, 97005
Contact@RentPortlandHomes.com
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