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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
  • Accounting
  • Customer Service
  • Rent Collection
  • Maintenance

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.

What Is Your Beaverton Home Worth In The Rental Market?

Are you thinking about renting your Beaverton Home but you’re not sure what it’s worth in the current rental market? If so, you’ve come to the right place.

There’s no denying that the rental market is even more competitive than ever before but, the good news is that you can determine what your property should rent for when you follow these tips.

beaverton rental home

Tip #1 – Review Your Property Age And Condition

Your home may be a much-loved family home but, if it’s not been painted or renovated in some time, the age and condition of the property will affect what you can rent that property for.

Take the time to think like a renter and critically analyze your property from the front door to the back door because, this will help you to determine if your Beaverton home is ready to be rented or not.

Does the property need?

  • New flooring
  • Paint
  • Furnishings
  • Light fixtures

If the property has been well-maintained over the years, you may be able to invest in minimal repairs/upgrades before listing it for rent but, if your Oregon property needs major repairs, like a new roof, you should commit to making those repairs now before renting it out.

Tip #2 – Do A Comparable Analysis

After getting your property ready for rent, you should do a comparable analysis to determine what other similar properties in the Beaverton area are renting for.

During your comparable analysis, you will also be able to determine if adding additional amenities like onsite storage, dog run, patio or an RV pad will help to improve the value of your property and help you to rent it for more money.

rental property

Tip #3 – Hire A Property Management Company

Even though you could manage your rental property yourself, hiring a property management company is the best way to earn the most ROI from your property possible.

A property management company will save you the time/money and hassle of managing that property yourself, so you can focus on enjoying your life while earning passive income from that rental.

Contact Rent Portland Homes – Professionals

At Rent Portland Homes – Professionals, we offer local property management services for both single-family and multifamily properties in the Beaverton area.

To learn more about the services that we can offer you, contact us today by clicking here or call us at (503) 447-7735.

Rental Property Upgrades That Are Not Worth The Money

Are you planning on making upgrades to your Beaverton rental property?

Upgrading your rental property will help increase the value of your property, and keep your tenant happy, but some upgrades are not worth the money.

In this article, we will break down upgrades that you should not make to your Beaverton rental property.

THINKING OF RENTING YOUR HOME

Upgrades That Are Not Worth The Money

Granite Counter Tops – Yes, even though granite countertops are a favorite feature that many home design show gurus add to their rental properties, the reality is that these countertops are not worth the best investment for a rental property.

Granite countertops are not worth the investment because they are more costly than other solid surface countertop types and they can also be difficult to keep clean.

Elaborate Landscaping – When it comes to your Oregon rental property landscaping, all you need is a clean look in the front yard and a suitable backyard that also offers room for play.

What you don’t want to do is get elaborate with landscaping and add plants that require more time and maintenance because most tenants don’t want to spend time maintaining landscaping.

Wood Flooring – Every landlord wants to add the best features to their homes but wood flooring isn’t always the best option because it can be hard to clean/maintain and many tenants won’t have the time to invest in keeping the flooring clean.

For best results, use carpeting in the bedroom and dining areas, then use laminate or another type of high-use flooring that can easily be cleaned when needed.

Contact Rent Portland Homes – Professionals

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

Our team can help with you our full suite of property management services which include rent collection, maintenance, customer service, accounting, and more

For a property management quote, contact us today by calling (503) 447-7735 or click here to connect with us online.

How To Future Proof Your Beaverton Rental Property

Are you planning on turning your single-family home into a Beaverton Rental property? If so, like most owners you’re probably concerned about wear and tear at your rental property.

Wear and tear are a fact of life when you own a rental propert, but the good news is that you can easily prepare that property for wear when you ‘future proof’ it by following these simple tips.

Tip #1 – Choose Durable Materials Vs. Trendy Materials

Even though you may be tempted to install granite countertops and a stylish backsplash in your kitchen, the reality is that those features will cost more than durable materials and they may not last as long.

Focus on choosing durable materials each time you plan on investing in upgrades for your property and you will find that those materials cost less and last longer than trendy materials.

Tip #2 – Choose Neutral Floor And Wall Colors

Another way to ‘future proof’ your Beaverton rental property is to choose neutral floor and wall colors.

This tip is effective because it will save you the hassle of having to search for specific custom colors each time you have to repaint and most of all, your rental property will have a timeless appeal.

Also, when it comes to installing flooring, you should install hard surfaces next to entryways on the property. Doing this will help your tenants to keep the carpet clean and ensure that it will last longer.

Tip #3 – Choose Quality Light Fixtures And Bulbs

Last of all, but most important, another effective way to ‘future proof’ your property is to choose good quality light fixtures and bulbs.

Light fixtures can easily last 10-20 years so it’s best to invest in good quality fixtures that will last.

When choosing light fixtures for the bedrooms in your property, consider adding ceiling fans. Doing this will make it easy for your tenants to cool the rooms in the rental property without having to run the air conditioner.

Contact Rent Portland Homes – Professionals

At Rent Portland Homes – Professionals, we specialize in property management for single-family and multifamily properties in Beaverton and across Portland.

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.

Solutions For Dealing With Terrible Tenants

Life as a landlord can certainly be interesting and one thing that every landlord has to expect sooner rather than later is having a terrible tenant.

Thankfully, dealing with terrible tenants can be easy, especially if you follow these simple tips.

Tip #1 – Stay Calm And Objective

The most important thing to do when communicating with a terrible tenant is to stay calm, rational, and objective because if you let your emotions get in the way, that will only make the problem worse.

Besides approaching the situation calmly, you should also be willing to listen to all sides of the story because the tenant may not be as bad as you initially thought.

MAXIMIZE YOUR RENTAL INCOME

Tip #2 – Keep Records Of Everything In Writing

Once you first reach out to the tenant, the next thing that you must do is keep records of everything that was said between you and the tenant in writing.

Having written records of everything is essential because this will eliminate any questions about what was said in your communication with the tenant and those records will help should you need to evict your tenant as well.

Tip #3 – Teach Them How They Should Communicate With You

Last of all, but most important, if the main issue with the terrible tenant is poor communication, you should teach them how they should treat you and eliminate any issues with communication in the future.

This also means offering your tenant multiple ways to reach you should they need to contact you shortly.

Contact Rent Portland Homes – Professionals

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

Our team of property management also consists of professionals that are experts in the landlord-tenant relationship.

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

Tips For Preventing Crime At Your Rental Property

Are you searching for tips on how to prevent crime at your rental property? If so, you’ve come to the right place.

There’s no denying that crime has been a major concern for landlords nationwide as it’s continued to increase in many areas.

Thankfully, landlords can do their part to prevent crime at their rental properties by following these basic tips:

Tip #1 – Improve The Curb Appeal Of Your Rental Property

One of the key things that criminals look for is a home that has overgrown trees or bushes because overgrown vegetation creates ideal hiding places for criminals to break into homes or rob tenants when they are entering those properties.

Tip #2 – Invest In Security Lighting

After cleaning up the exterior of the property, another convenient way to improve the security of your rental is to invest in security lighting.

Ideally, you should have lights leading from the parking area, or driveway, to the tenant’s front door because if the path is unlit, this creates more spaces for criminals to hide and target unsuspecting tenants.

Tip #3 – Consider Smart Security Upgrades

Another ideal way to make your property safer for your tenants is to invest in smart security upgrades like an alarm system or at the very least, a video doorbell that the tenant can use to see who is actually at the door before they open it.

Contact Rent Portland Homes – Professionals

At Rent Portland Homes – Professionals, we offer the property management services that you need to succeed as a landlord in today’s changing rental market.

Our team provides all of the property management services that you need so that you can enjoy the passive income that comes from owning rental properties.

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.

What Are The Intangible Features That You Need To Attract New Tenants?

If you’ve owned rental properties in Beaverton Oregon for some time, you know that the job of being a landlord is getting more difficult each year because the rental market is 24-7-365 and landlords need to do more than just put up a ‘for rent sign.

In this article, we will share with you some of the ‘intangible features’ that you can use to make your rental property stand out from other comparable properties and attract more qualified tenants.

Your Property Must Be Well Represented Online

The first intangible feature that your rental property must-have is a presence that’s well represented online. This means that you must do more than just list the property on Craigslist, or Facebook Groups, you must have a website where you can showcase that property in greater detail.

A Helpful And Professional Landlord

Besides having a great presence for your property, you also must have a helpful and professional landlord who is available to engage with tenants, answer their questions and screen them to see if they will be a good fit for your rental property.

Excellent Communication

Another important feature that you must offer tenants is excellent communication, this means that they should be able to make contact by telephone, text, or email and you should be able to respond to them promptly.

Quality Maintenance And Well-Timed Upgrades

Last of all, but most important, maintenance is also another essential feature that tenants are looking for in a rental property because the average renter doesn’t want to feel like their property is falling around them.

Your goal should be to perform quality maintenance at your property on a quarterly or annual basis as well as well-timed upgrades that add value to the property while showing your tenants that you want to continue keeping the property as nice as possible for them.

Contact Rent Beaverton Homes

At Rent Beaverton Homes, we specialize in local property management for single-family and multifamily properties in Beaverton and the surrounding areas.

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.

Can You Avoid Eviction While Still Getting A Tenant To Move Out? Yes

Do you have a tenant living in your Beaverton rental property that you want to evict but you’re wondering if there are other alternatives to eviction that will get them out? If so, you’ve come to the right place.

Let’s face it, no landlord (or tenant) likes eviction because an average eviction can between 1-2 months and be very costly.

Thankfully, landlords don’t always have to choose eviction as their only alternative for getting a problem tenant out, especially if they follow these tips.

THINKING OF RENTING YOUR HOME

Offer Cash For Keys

Cash for keys is one of the oldest eviction alternatives out there today because there’s nothing simpler than offering your tenant a certain amount of cash if, they are willing to move out by a set date.

The key to success with a cash-for keys agreement is to make sure that you’re in full agreement with your tenant on the money that they are willing to accept and the terms of the agreement then it must be in writing.

Once the agreement is signed, you should do everything possible to make the situation work for your tenant, even renting them a U-Haul for the day, so they can move out with as little hassle to you as possible.

Talk With The Tenant

Many times, simple communication with a tenant is the key to success when it comes to turning a problem tenant into a good paying tenant once again.

If your tenant is behind on their rent, it’s best to reach out to them and find out what you can about their situation then do everything possible to resolve it.

They may be able to catch up on the back rent, if you agree to a payment arrangement, then once paid your tenant could likely return to the same attitude and responsible behavior that they had before.

Avoid These Mistakes When Trying to Get Tenants to Move Out

When you find yourself desperate to remove tenants from your properties, you may consider some more extreme measures. Some landlords make the mistake of attempting to rid themselves of their tenants without respecting lease agreements. Others use self-help eviction methods where they retake possession of a property without using the eviction process. Avoid using any of the following methods to force a tenant to leave your rental property:

Example of Illegal Self-help Evictions

  • Changing the locks while the tenant still lives on the property
  • Removing the tenant’s property
  • Failing to pay included utilities like water, cutting them off
  • Threats of any kind
  • Direct orders to leave

Landlord Consequences of a “Self-help” Eviction

If you do use any of these methods above, you could easily find yourself in hot water. A lawsuit is the last thing anyone in business should want to deal with, and any of these could be offenses that could lead to your tenant rightfully suing you and damaging your business.

Every state has rules that all landlords must follow when removing a tenant from their property. Below we compare four different areas to demonstrate the potential consequences landlords face for taking the law into their own hands.

More

Contact Rent Portland Homes – Professionals

At Rent Portland Homes Professionals, we have decades of experience managing local rental properties.

Our team is experienced at all aspects of property management so you can move on from DIY property management and enjoy the passive income from your rental property.

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.

How Your Tenants Can Decorate Their Rental Properties Without Damaging Them  

In today’s world, most tenants want to decorate their rental properties because they want to personalize those properties and make them feel like they are their own.

Sadly, when it comes to decorating, this often involves damage because some tenants may use screws and nails while other tenants go a little too far when it comes to personalizing their properties.

RENT BEAVERTON HOMES

What Are The Do’s Of Decorating A Rental Property

The new time you rent to a new tenant, make sure that they are aware of the following do’s and don’t of decorating a rental property.

Do use command hooks – Thanks to command hooks, or similar products, it’s possible for tenants to decorate their rental properties without using nails or screws.

Do use area rugs – Using a few area rugs in a rental property can effectively personalize the floors of that property, make it feel more like a home, and also insulate the floors to limit heat loss during the winter.

Do use peel and stick wall coverings – Tenants who want to paint, or personalize the walls inside a property should be encouraged to use peel and stick wall coverings instead because these wall coverings offer a wide variety of patterns and are very easy to use.

Do invest in additional lighting – Another great way to personalize a rental property is lighting because adding more light can easily brighten up any dark space and make a rental property feel like home.

What Are The Don’t Of Decorating A Rental Property?

Don’t use nails or screws in walls – As we mentioned above, screws and nails are unnecessary in today’s world simply because command strips offer the same functionality and cause no damage to walls.

Don’t allow permanent fixtures without permission – If your tenant is thinking about adding a permanent fixture to the rental Oregon property, they must get your permission first. This is important because that fixture must complement the design/look of the property and be easy to remove (if needed) once the tenant moves out.

Don’t allow paint without permission – Tenants who want to paint their rental properties should be made aware that they can paint them only with your permission first.

This is important because if the tenant paints the property, they must be made aware that the property must be repainted a neutral color once they move out.

Some tenants will balk at repainting the property themselves before moving out, leaving this job to their landlords, so it’s best to make sure that they know they will be required to repaint or risk losing a portion of their security deposit due to this cost that you may incur.

Contact Rent Portland Homes – Professionals

At Rent Portland Homes – Professionals, we’re experts at local property management and our team can assist you with managing your single-family, or multifamily rental properties.

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

Property Management – The Secret To Long-Distance Real Estate Investing

Are you interested in investing in rental properties in Beaverton Oregon but you live in Washington, California, or elsewhere in the United States?

Even though long-distance real estate investing may seem difficult, the reality is that it’s easier than you think, especially when you hire a property management company.

Beaverton Property Management

Why Property Management?

Let’s face it, long-distance real estate investing will only work if you can catch a flight, or drive to your rental property at a moment’s notice.

If you can’t just get up and go, the reality is that you need a property management company in Beaverton to manage those rental properties for you.

When you hire a property manager, you can rest easy in knowing that all of the day-to-day property management tasks will be handled by professionals, so you can focus on enjoying the passive income that comes from owning rental properties.

What Services Can A Property Manager Offer You?

At Rent Portland Homes – Professionals, we specialize in offering A to Z property management services. This means that you can rely on us to provide you with all of the property management services that your rental needs including:

  • Property marketing
  • Tenant selection
  • Tenant Placement
  • Rent Collection
  • Maintenance
  • Collections
  • Customer Service
  • And More!

Property management makes it possible for you to build a portfolio of investment properties without having to do all of the work yourself.

Contact Rent Portland Homes – Professionals

 Rent Portland Homes Professionals manages hundreds of rental properties with a professional, well-trained staff of property managers, accounting and maintenance personnel.

We take pride in being experts on the local Beaverton and Westside rental markets and being based in Beaverton for over 15 years! Our main office is located at – 9725 SW Beaverton Hillsdale HWY, Suite 120, Beaverton, Oregon, 97005.

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.