How Do Oregon Real Estate Investors Benefit From Property Management?
One of the most common questions that Oregon Real Estate Investors have is how will they benefit from property management, when they can easily manage their rental properties themselves?
This is understandable, especially since the consensus among many investors is that DIY management is a ‘good thing’ for newbie real estate investors when in reality, property management is always better.
Why Do Oregon Real Estate Investors Need Property Management?
Let’s face it, time is money, and when an Oregon Real Estate investor hires a property manager, they will save the time, money, and hassle of managing their rental properties themselves.
Yes, an investor can manage their rental property but, the reality is that it’s always better to hire a property manager because an investor must be prepared to do everything including:
- Property Marketing
- Tenant Selection and Placement
- Customer Service
- Rent Collection
Besides all of these individual aspects of property management, Oregon Real Estate Investors must be prepared to give up their time to manage their property and most investors don’t want to do that.
Thankfully, a property frees up an investor’s time so they can focus on growing their portfolio of investment properties in Oregon while also enjoying passive income from their property.
Benefits Of Hiring An Oregon Property Manager
Hiring a property manager in Beaverton Oregon will save an investor time and money but what are the other benefits that bring ROI?
- Better ROI from rental property – A property manager will professionally manage an investor’s rental property so that they get the most ROI possible.
- Increased property value – Investors who have to hire professional property managers often experience increased property value because the property has been professionally managed.
- Improved tenant retention – Last of all, a property management company will also ensure that tenants stay longer than 12 months and tenant retention is a good thing because it means more long-term ROI from the property.
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 we can offer you, contact us today by calling (503) 447-7735 or click here to connect with us online.