rental property
How To Price Your Rental Property In A Competitive Market

Are you planning on listing your Beaverton home as a rental property for the first time but you don’t know what to rent it for?

One of the keys to success with owning a rental property is setting the correct rent because you can miss out on profits if you set it too low and you may have a difficult time keeping tenants if you set the rent too high.

In this article, we will offer you several tips on how to price your rental property correctly.

Comparable Research

The first thing to do when determining the correct rent for your Beaverton rental property is comparable research.

This means investigating similar rental properties in Beaverton Oregon to determine what stand-out features those properties have and desirable amenities that your property may not have.

Some of the most desirable amenities tenants are searching for include a washer/dryer, upgraded appliances, good parking, a finished basement, and an excellent location.

If your home doesn’t compare to similar properties in the area, consider investing in curb appeal upgrades, adding smart appliances, and allowing pets.

image credit beavertonoregon.gov

Learn More About The Rental Market

Another thing to do that will help you determine the correct rent for your property is to learn more about the local rental market.

Keep in mind that if demand is high, and supply is low, prices will typically increase but if demand is low and supply is high, landlords will start lowering their rents while in some cases offering concessions to tenants.

Do The Numbers

Once you learn more about the local rental market, the next thing to do is the numbers; this means coming up with the exact number that you should ask for your property every month.

How do you do this? Ideally, the amount of rent that you charge should be up to 1.1% of your home’s value.

Example: Let’s say that your home is valued at $400,000, this would mean that you should charge between $3,500 and $4,000 per month for rent.

Remember to set the correct rent based on what similar properties in the Beaverton area are renting for because if you set it too high, your property may be unaffordable for most renters.

Contact Rent Portland Homes – Professionals

At Rent Portland Homes – Professionals, we specialize in local property management for single-family and multifamily properties in the PDX area.

To learn more about the property management services that we can offer you, contact us today by calling (503) 447-7735 or click here to connect with us online.

Rent Portland Home Professionals
Beaverton Oregon Property Management – The Best Way To Earn Passive Income From Your Rental Property In Beaverton Oregon

Are you searching for more information on the best way to earn passive income from your rental property in 2022? If so, the solution is to hire a Beaverton Oregon Property Management company.

Once you hire a property manager to professionally manage your rental property, you will have confidence and peace of mind in knowing that every aspect of property management will be professionally managed for you.

THINKING OF RENTING YOUR HOME

What Will A Beaverton Oregon Property Management Company Do For You?

Tenant Screening – A property manager in Beaverton Oregon will screen and place the most qualified tenants in your rental property.

Our team won’t hesitate to use the most comprehensive Washington County Property Management services and solutions so that the very best tenants will be chosen for your rental.

Maintenance – When it comes time to do everything from basic maintenance like landscaping to more common maintenance projects, our Hillsboro Property Management team can handle it all, giving you peace of mind in knowing that should your property need maintenance, it will be handled immediately.

Accounting – One of the most complicated parts of owning a Oregon rental property is accounting. Thankfully, you can also count on us to take care of all your accounting needs with our Vancouver Washington Property Management services so that your books will always be well managed and you can rely on us for accurate reporting at all times.

Property Marketing – When it comes time to market your rental property, you can also rely on our Holland Rental Properties property management services to market your property for rent on all of the top rental property websites so that it will attract interest from the most tenants possible.

When people search for group homes for rent or single-family homes for rent Portland Oregon homes, they find your rental properties and our company will provide you with comprehensive property management services from the start to the finish.

Comparable to property management companies in Washington County, Rent Portland Homes – Professionals, is a long-time property management company in Beaverton Oregon.

Owned by Fred Marlow, a long time Beaverton area property manager, our company has the skills and experience that you need to effectively manage your investment property.

Contact Rent Portland Homes – Professionals

To learn more about our Beaverton Oregon Property Management services that we can offer you, contact us today by calling (503) 646-9664 or click here to connect with us online.

Rent Portland Home Professionals
beaverton oregon property management
Should You Rent Your Single-Family Beaverton Home?

Are you thinking about renting your single-family Beaverton home, but you’re not sure if that’s the right decision for you to make or not? If so, you’ve come to the right place.

Rental income is a great way to generate steady and consistent cash flow in the 2020s, but the reality is that there are several things that you have to do first to ensure that you can earn a consistent income from your property.

#1 – Screen And Place The Most Qualified Tenants

The key to success when it comes to renting your single-family Beaverton Home is to screen and place the most qualified tenants.

To do this, you will need to do a complete background check on applicants, be willing to call their references, and pull their credit reports, to ensure that they are working full time and earning at least three times the rent that you’re charging for your property.

#2 – Develop Standards And Stick With Them

Besides screening and placing the most qualified tenants, you also must be willing to develop standards/rules and stick with them.

This means that you will have rules that your tenants must know that they have to follow or they will face fines and possible eviction from the property, if broken,

Victoria Haffner

#3 – Create A Vendor Matrix

Once you’ve rented your Beaverton home, the next thing you must do is create a vendor matrix of trusted companies that you can call at a moment’s notice to assist you with things like plumbing and routine maintenance, to more advanced maintenance issues.

Having a vendor matric is essential because the last thing that you want to do is to perform maintenance on your property yourself because at that point, the income stream becomes an active income stream, instead of a passive income stream.

Contact Rent Portland Homes – Professionals

At Rent Portland Homes – Professionals, we specialize in local property management for the PDX area.

Our team will save you the time, money, and hassle of managing your Beaverton home yourself, so that you can enjoy passive income that comes from your property.]

To learn more about the property management services that we can offer you, contact us today by calling (503) 447-7735 or click here.

Beaverton Rental Properties
Beaverton Rental Properties – Learn More Here!
THINKING OF RENTING YOUR HOME

Do you own Beaverton Rental Properties? If so, owning rental properties is one of the best ways to build wealth while earning passive cash flow but the reality is that they can also be a lot of work, especially if you manage them yourself.

Thankfully, you can eliminate the hassle that comes from owning single family and multifamily properties in Beaverton Oregon when your hire a property manager.

Reasons To Hire A Property Manager For Your Beaverton Rental Properties

#1 – Passive Income – Once you hire a property manager for your Beaverton Rental Properties, you will be able to finally earn passive income from those properties because you won’t be doing any of the day-to-day management yourself.

#2 – Tenant Placement – A Beaverton Property Management will screen and place the most qualified tenants in your property possible.

#3 – Accounting – Your Beaverton Property Management team will handle every aspect of property management for you including accounting, so you don’t have to worry about crunching numbers or balancing the books for your rental yourself.

#4 – Maintenance – As the owner of Beaverton Rental Properties, you know that maintenance is one of the most time-consuming aspects of owning and managing rentals. Thankfully, your property manager in Beaverton OR will also handle every maintenance request so that you won’t have to change a toilet or take care of routine maintenance tasks again.

#5 – Customer Service – Let’s face it, your time is valuable! Thankfully, when you hire a property manager in Beaverton, you won’t have to take customer service calls again because your property management team will take care of all of those issues for you.

Contact Rent Beaverton Homes

At Rent Beaverton Homes, we specialize in Beaverton Property Management and with our local property management team you will save you the time, money and hassle of managing your rental properties yourself. For more information about the property management services that we can offer you, contact us today by calling (503) 646-9664 or click here.

RBH