The Pros and Cons of a 12 Month Lease

By Michelle Wrege Friday, April 30, 2021

Most Portland lease agreements are 12 months long. This is standard throughout the country; tenants and landlords agree to the terms of the rental contract for a full year. At the end of the year, there may be a lease renewal of the same term, the tenants may decide to move out, ...

How to Handle a Lease Renewal for Your Portland Rental Property

By Michelle Wrege Friday, April 23, 2021

Most Portland lease agreements last for a term of 12 months. They’re pretty straightforward. Our tenants have lived in the property for almost a year or maybe more, and when the lease expires we talk to the property owner, notify the tenant that the end of the lease is comi...

How Long Will Tenant Turnover Take For My Portland Rental Property?

By Michelle Wrege Friday, February 26, 2021

Tenant turnovers have a bad reputation. This is understandable; unless you have other plans for the home, most Portland rental property owners would rather keep a tenant in place and not disrupt the consistent rental income they’ve enjoyed throughout the lease period. ...

How Much Does Tenant Turnover Really Cost? Answered By Portland Property Managers

By Michelle Wrege Friday, February 19, 2021

Like vacancy, many rental property owners in Portland want to avoid tenant turnover whenever they can. They know it will come with some disruption to their rental income, and it will also include costs for maintenance, repairs, potential upgrades, and possibly cleaning and landsc...

Moving Out: Why You Should Hire a Professional Cleaner For Your Portland Rental Property

By Michelle Wrege Friday, February 12, 2021

Moving can be a stressful time for anyone. As tenants are leaving the Portland home they’ve been renting with us, they have a lot of personal details to attend to. We understand that, and we also expect our residents to review and comply with the requirements of our lease a...

How the Turnkey Process Works for Your Portland Rental Property

By Michelle Wrege Friday, February 5, 2021

When your existing tenant provides you with notice that they’ll be vacating the unit instead of renewing their lease agreement, you have some immediate preparations to make. The turnover process allows us to transition between one tenant and another. It’s the period w...

How to Find Qualified Vendors for Your Rental Property

By Michelle Wrege Friday, January 8, 2021

When you work with a professional Portland property management company like our team at PropM, it’s easy to not think much about maintenance. You can relax, knowing that your property managers are taking care of all routine and emergency repairs that may be necessary. We&r...

How to Get Your Investment Property Rent Ready

By Michelle Wrege Friday, January 1, 2021

We love managing rental properties for our investors, but we’re always excited for them when they decide to do something else with the investment. It means you’re thinking strategically about your investment options and goals, and that’s a good thing. If yo...

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 ...