Effective property management is crucial for landlords and managers who aim to maximize their investment returns, maintain property value, and ensure tenant satisfaction. Whether you are managing residential or commercial properties, here are the top 10 tips to help you manage your properties effectively. Screen Tenants Thoroughly The foundation of effective property management starts with…
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As the world rapidly evolves, so does the property management landscape in Portland, Oregon. One of the most significant advancements benefiting both property managers and tenants is the advent of smart home technology. Once considered a luxury, smart home devices have now become increasingly affordable and accessible, making them a practical and feasible investment for…
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Winter can be harsh on rental properties, and proper maintenance is essential to ensure the safety, comfort, and longevity of the property. Here are some winter rental property maintenance tips: Inspect Heating Systems: Ensure that the heating system is in good working condition. Schedule a professional inspection and cleaning of the furnace or heating system…
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2023 has been a tough year for Oregon tenants as rents continue to increase statewide. In a move to curb rising rental costs and protect the rights of tenants, Governor Kotek has signed Senate Bill 611. This bill introduces significant changes to how the maximum allowable annual rent increase percentage is calculated for residential tenancies…
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As the United States enters a recession, the U.S. housing market is officially in a downturn that could potentially last for 12 months or longer. The big question that most investors want to know is if a housing market downturn will help the rental market, or hurt it. Thankfully, whenever the housing market faces a…
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