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Tag: property management tips

Property Management and Tenant Placement

nightmare tenants

How to avoid renting to nightmare tenants

Nightmare tenants can be the worst possible headache to deal with when you own rental properties but the reality is that they can be avoided! To mitigate these risks, landlords must take proactive steps during tenant screening. Here are some essential tips to help landlords avoid renting to problematic tenants. Conduct Thorough Background Checks A…
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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…
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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…
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rental properties

Are rental properties still a smart investment?

Are you thinking about buying rental properties in Portland, or the surrounding area but you’re also wondering if they still are a smart investment? If so, you’ve come to the right place! With a changing economy it’s easy to see why investors are wondering if they should consider investing in rental properties or other assets…
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Tips for getting your rental property ready for 2024

As 2024 approaches, it’s essential to proactively prepare your rental property to meet the evolving needs and expectations of tenants. Conduct a comprehensive property inspection to identify any maintenance or upgrade needs. Enhancing the property’s curb appeal, modernizing interior features, and incorporating energy-efficient elements can significantly enhance its desirability and value. Consider incorporating smart home…
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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…
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high quality tenants

Unlocking the Secret to Attracting High Quality Tenants for Your Rental Property

As a landlord, one of the most vital aspects of managing your rental property is attracting high-quality tenants. These tenants not only pay their rent on time but also take care of the property and can potentially become long-term occupants. The benefits of having high-quality tenants are numerous, including reduced turnover rates, less property damage,…
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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…
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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…
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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…
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long term tenants

Retaining Long Term Tenants – Tips For Successful Long Term Rental Strategy

One of the keys to success with owning rental properties in Portland Oregon, or elsewhere nationwide is acquiring and retaining long term tenants. Having a long term tenant saves the owner time, money and the hassle of looking for a new tenant every 12 months and they are worth their weight in gold, especially in…
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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…
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jobs in oregon

What Are the Most in Demand Jobs in Oregon?

Are you searching for information on the most in-demand jobs in Oregon? If so, you’re not alone. In 2022, Oregon continues to be one of the top relocation destinations in the United States and that trend doesn’t show any sign of declining in 2023 as more people continue to relocate to Oregon in search of…
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portland

Portland Named One of The Top 20 Family-Friendly Cities in the United States

Are you planning on relocating to Portland Oregon, if so, you’re in the right place! Portland was recently named one of the top 20 family-friendly cities in the United States. This is good news for Portland because Oregon continues to be one of the top relocation states, and Portland has never stopped being a popular…
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rental application

Property Management Tips: Rental Application Mistakes to Avoid

The rental application is one of the most important parts of a landlord’s business because it makes it possible for landlords to screen and place the most qualified tenants in their rental properties. Sadly, it’s possible for some landlords to make common mistakes with rental applications that could be very costly. Thankfully, landlords everywhere can…
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cash for keys

Cash for Keys – Is It the Best Eviction Alternative?

Are you searching for information on cash for keys and wondering if it’s the best eviction alternative? If so, you’ve come to the right place. This article will break down cash for keys and offer you tips on how to move forward with utilizing this eviction alternative. What Is Cash for Keys? Cash for keys…
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multifamily

Common Multifamily Rental Repairs That Every Landlord Should Be Prepared For

Multifamily properties continue to be an excellent investment because they produce consistent passive income for owners but, as with single-family properties, there will be common repairs that every owner should be prepared for. In this article, we’ll list some of the most common repairs at multifamily properties, and what landlords should do to prepare for…
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tenant

How To Know When a Guest Has Become a Tenant

During the last two years, the rental market has changed, and many people who were previously housed no longer have a place to live, in some cases, this led the average tenant to invite a friend, family member or relative to live with them. Sadly, most landlords are typically unaware that their tenants have a…
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Care for Your Rental Property

How To Care for Your Rental Property – 2022 Guide

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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landlord

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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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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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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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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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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landlord

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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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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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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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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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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