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Tag: property management

Property Management and Tenant Placement

Reasons Why Every Portland Oregon Landlord Should Charge Late Fees

In 2022, the rental market is more difficult than ever before, and many people have been paying their rent late due to Covid-19, job losses, and the recession and it’s not uncommon to hear of landlords charging late fees. Sadly, some landlords in Portland don’t like to charge late fees because of the simple fact…
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Helpful Tips for Accidental Landlords

With an aging Baby Boomer population, more family members than ever before are becoming accidental landlords. An accidental landlord is anyone who unintentionally became the owner of rental property, and they are not sure how to proceed. Thankfully, being an accidental landlord is not the end of the world, it’s quite easy to learn what…
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portland rental property

5 Roof Maintenance Tips for Portland Rental Property Owners

Are you searching for roof maintenance tips for your Portland OR rental property? If so, you’ve come to the right place! Roof maintenance is important for every Portland Oregon rental property because, within the next 30 days, the weather is going to change, and we’re going to have a couple of months of rain followed…
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rental agreement laws

5 Simple Tips to Get Your Portland Oregon Home in Rent-Ready Shape

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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portland oregon property management company

Things To Expect from A Portland Oregon Property Management Company

Are you planning on hiring a Portland Oregon property management company? If so, you’ve come to the right place. Like some landlords, you’re probably on the fence about hiring a property manager because, some landlords within the industry encourage other new landlords to manage their properties themselves DIY management is is the wrong thing to…
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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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rental home in portland oregon

How to choose the right rental home in Portland Oregon

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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rental agreement laws

Is Rental Real Estate Still a Good Investment During a Recession?

If you ask most economic analysts if we’re in a recession, the average answer will be either a yes, no, or maybe, but the reality is that in the past, recessions have been typically defined as two consecutive quarters of negative growth in a row. As of June 2022, the country has reached that economic…
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5 Ways Beaverton Oregon Rental Properties Make Money

Are you planning on investing in Beaverton Oregon Rental Properties? If so, you come to the right place. Rental properties continue to be an excellent hedge against inflation, especially in 2022 as the stock market has had its ups and downs. Most investors are eager to preserve the wealth that they have left, and investment…
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What Are the Reasons Why You Should Invest in Rental Real Estate During a Recession?

Are you thinking of investing in rental real estate but you’re not sure if you should invest during a recession? The good news is that now is a great time to invest in rental real estate, especially for these reasons. Reason #1 – Predictable Cash Flow In times of economic uncertainty, it’s always nice to…
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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 application

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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security deposit

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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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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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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security deposit

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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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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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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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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