Responsibilities of Property Managers before Turning the Property Back Over to the Owner

By Michelle Wrege Friday, December 25, 2020

When you are ready to cancel your management agreement and take possession of your rental property back from your property manager, you can expect a few things to happen.First, make sure communication is open, transparent, and responsive. There’s likely to be a lot of back...

Terminating a Management Agreement Explained by a Portland Property Manager

By Michelle Wrege Friday, December 18, 2020

There are many reasons that you may decide to terminate a management agreement with your property management team at PropM, Inc. We hate to lose you as a client, but we understand that things happen.Maybe you are selling your Portland rental property or maybe you are moving back ...

Simple Rental Property Upgrades to Maximize Rent Rates

By Michelle Wrege Friday, December 11, 2020

When we talk about maximizing your rental rates and getting your Portland rental property leased quickly to a well-qualified tenant, it’s impossible not to mention upgrades and updates. Modern, well-maintained homes will earn more rent than those that are older, deteriorati...

How Your Property Manager Can Help Determine the Rent Price for Your Investment Property

By Michelle Wrege Friday, December 4, 2020

Working with a Portland property management company can have a big impact on how quickly you rent out your property and how much you earn on it. Smart investors know that trying to gather good data on their own is nearly impossible. You can go on sites like Zillow and Zumper to g...

Tips on How to Set Achievable Rental Property Goals

By Michelle Wrege Friday, November 27, 2020

Real estate investors have specific goals and they often set precise targets for what will look like success. Whether you’re a new landlord or an experienced property owner, those investment goals are critical to the way you acquire, lease, and manage homes. However, the go...

Renting Out My Portland Residential Property at the Right Price

By Michelle Wrege Friday, November 20, 2020

There are two questions that most rental property owners have at the beginning of the leasing process:How much can I rent my home for?How long will it take to rent out my property?These are common questions, and they’re also important questions. The amount you charge and th...

How to Bypass Lease Breaking Costs: Portland Property Management

By Michelle Wrege Friday, October 23, 2020

As you know, breaking your lease will cost you money. When you signed your lease agreement, you agreed to pay your rent for the full term. We understand that sometimes good tenants have to leave their homes. Maybe you’re moving out of state for a job or school. Perhaps you&...

Finding Another Tenant to Take On Your Lease: Portland Property Management

By Michelle Wrege Friday, October 16, 2020

When you have to break your lease, you might have someone in mind to take over the lease and move into your property.This can be beneficial to both landlords and tenants, and under the right circumstances, it can work out very well. Not only will you save some money on lease brea...

Understanding the Costs that Come with Breaking a Lease

By Michelle Wrege Friday, October 9, 2020

Breaking a lease is difficult and in many cases, expensive. When you enter into a lease agreement, you’re promising to pay the rent for the entirety of the lease period. That means if you move out of your home in month seven of a one-year lease, you’re technically sti...

Breaking a Lease Doesn’t Have to Be Scary for Residents Living in Portland

By Michelle Wrege Friday, October 2, 2020

Breaking a lease is unfortunate, and many tenants worry about what that will mean for their contractual obligations. While we don’t encourage lease breaks, we don’t want you to be afraid of them, either.We always expect our residents to fulfill the term and the requir...