Top Tips and Strategies for Smooth Lease Renewals in Portland, OR

By Michelle Wrege Friday, June 14, 2024

We all hear horror stories in the news about bad tenants wrecking properties and disappearing with unpaid rent.But there is another side to this story, and that's the model tenant: the one who looks after your property, pays reliably, and makes property management a breeze.If...

5 Essential Things to Know About Security Deposits in Portland, OR

By Michelle Wrege Friday, June 7, 2024

When landlords finalize the interior of a rental, there is often a moment of hesitation before buying furnishings. Is it wise to get a matching pair of lamps if one breaks? Is this sofa robust enough for a rental?There is always that underlying worry that you'll face damage o...

Eviction Protection Plans for Your Rental Properties in Portland, OR

By Michelle Wrege Tuesday, May 28, 2024

Evictions are never a pleasant topic, but as a rental property owner, you sometimes have to consider them. If you rent out property in Portland, Oregon, you need to know about eviction protection plans. These plans can help you avoid trouble if you need to evict a tenant.In this ...

Maintenance Coordination: Who Pays for Rental Maintenance in Portland, OR?

By Michelle Wrege Tuesday, May 21, 2024

If you are a landlord or tenant in Portland, Oregon, have you ever wondered about rental property maintenance costs? From plumbing repairs to landscaping, understanding who bears the responsibility for these expenses is crucial for a hassle-free rental experience.In this article,...

Tips for Rental Property Accounting Records in Portland, OR

By Michelle Wrege Tuesday, May 14, 2024

Owning rental property in Portland, Oregon, can be a great way to invest and generate passive income, but it comes with responsibilities, especially when it comes to keeping accounting records.As a landlord, you need to track income, expenses, and other financial details to manag...

How Often Should a Landlord Inspect Rental Property in Portland, OR?

By Michelle Wrege Tuesday, May 7, 2024

When people say homeownership is expensive these days, they aren't kidding. In addition to property taxes, a mortgage, and renovations, people on average spend about $6,000 each year on maintenance.Rental property inspections are a critical means of keeping on top of that mai...

Innovative Technology Solutions for Property Management: Streamlining Operations in Portland

By Michelle Wrege Thursday, May 2, 2024

Investing in Portland real estate or thinking about buying a property? Great idea, but you’ll find that this is an increasingly complex business. Rental prices, tenant selection processes, and legal requirements are always changing, making it difficult to stay on top o...

Leveraging Rental Valuation Data in Your Pricing Strategy

By Michelle Wrege Sunday, April 28, 2024

One of the biggest mistakes you can make in real estate investing is pricing your properties too high or too low. Another problem is not knowing when you're dealing with a landlord's market or a renter's market.The above points are critical for crafting the perfect pr...

The Rise of Mixed-Use Developments in Portland: A Lucrative Investment Strategy

By Michelle Wrege Thursday, April 25, 2024

Mixed use zoning in Portland means that areas and neighborhoods are zoned for both residential and commercial use. This is a trend that’s not unique to Portland; cities across the country are adopting spaces that accommodate residential homes such as apartment, condos, and ...

Common Rental Leasing Problems and How to Avoid Them in Portland OR

By Michelle Wrege Sunday, April 21, 2024

Rental leasing is when one party presents a contractual agreement where another party agrees to rent a property. Leasing is only one aspect of tenant relations, or when landlords sustain a positive relationship with renters.Tenant relations involve all aspects of the landlording ...