How hard is it really to manage your own rental property? Find a nice renter who will take care of the place as if it were their own and collect a rent check every month. Maybe send someone over to do yard work every once in a while. While it sounds easy enough, the perfect tenant/owner relationship does not come around very often.
Last month we had the pleasure of hosting our vendors for lunch as a small way to say thank you! It takes a village to manage and care for all our rental properties and we would not be able to do it without them. We have curated our list of vendors over the last 35+ years so we are confident that we have the best in Portland working on your home.
Mainlander Property Management is always on the lookout for home owners that need property management services. Managing a rental property can be overwhelming and time consuming which is why we are here to help! With nearly 40 years of property management experience, Mainlander is the obvious choice for a Portland property manager.
Building a great owner-tenant relationship can be very tricky. At the end of the day the owner wants to make money off their investment property, and the tenant wants a great place to live for as little rent or hassle as possible. The best way to ensure that everyone gets what they want is to set realistic expectations for both parties at the beginning and continue to communicate throughout the process.
The Fair Housing Act (FHA) is a federal law that was passed in 1968. It offers protections against discrimination to seven federally protected classes: race, color, religion, national origin, sex, familial status, or disability status. These protections have evolved and expanded over the past 48 years. Three specific changes have recently come into play.
Looking to rent out your home buy not sure where to start? It can be a daunting process if you are new to property management. Here are the first 6 steps you need to get started
Getting your property ready to rent is one thing, and protecting that property, and yourself, is another. Property management companies do a lot more than taking rent payments. Navigating the world of rental property liability is murky at best, and a complicated area without professional help if an issue arises, or to help ensure you are getting the best quality tenants. There are some instances where a landlord may be held responsible and are good cause for a very thorough tenant screening process.
As an investment property owner, it’s tempting to go it alone when renting out your property to avoid extra financial outlay. You’re already working hard to get the home ready to rent, paying for upgrades, repairs, insurance, and more. Especially in Portland, where right now the rental market is super red hot, it’s easy to think that with so many tenants to choose from, it will be a breeze to find good ones.
Tenant eviction is an unfortunate, but sometimes necessary fact of investment property management. The process of evicting a tenant can fire up emotions for both the tenant and the landlord, assuredly causing stress and potentially bad feelings on both sides.