Are You an Interested Party?
One of the simplest, yet most effective ways for landlords to protect their assets is to require their tenants to hold liability insurance. When a tenant buys a renter’s insurance policy, there are typically two aspects to the policy. Within certain limits set forth in the policy, tenants can have their contents covered against fire…Read More
Oregon Rent Cap for 2021
Every year in September Oregon sets the rent cap for the following year. Senate Bill 608 (2019) tasked the Oregon Office of Economic Analysis to set and publish the Oregon rent cap which is based upon 7% plus Consumer Price Index (CPI). Earlier in the week, the Oregon Office of Economic Analysis at 9.2% for…Read More
Why Real Estate is a Fantastic Investment
If you’ve found yourself on this site, you’re likely probably already convinced of the value of real estate investing, but perhaps you’re still learning why real estate over other investment vehicles. I’m anxious to relay to you an article written by Brandon Turner, founder of Bigger Pockets, entitled 12 Reasons Rentals Are Simply the Best…Read More
COVID-19 Evictions Could Lead to Real Estate Market Fallout
Found this article by Tamar Hermes over at Bigger Pockets. I think Tamar does a good job at point to some of the factors investors ought to be keeping an eye on. Give it a read and see if you find it useful: Whether you have one or 1,000 doors, every property owner has been…Read More
When It’s Time to Hire a Property Manager
I came across this article recently by Sabine Ghali titled 6 Signs It’s Time To Hire A Property Management Company, I think it’s worth your time to read. I’ve always been a proponent of people managing their own properties. However, you have to see your rental as a business, because that is what it is.…Read More
Finding a Great Home Inspector
Many thanks to Whitey Hutten over at Bigger Pockets for this article on how to find a Great Home Inspector. Check out the full article here. Here is a portion of the article that’s helpful… How to Vet a Home Inspector There isn’t a national certification to be a home inspector, and requirements vary state…Read More
What Should I Do If My Tenant Can’t Pay Rent?
The COVID-19 pandemic and the resulting government-mandated shelter-in-place orders have caused approximately 30 million people in the United States to become unemployed. Unemployment is difficult at anytime, but the pandemic complicated things even more with states unemployment offices being overwhelmed by the influx of unemployment claims. In the end, it leaves many people out of…Read More
The Value of Hiring a Property Manager
I came across this really well written article over at roofstock that is worth your read. Many landlords self-manage their own rental properties. We think this is great we are here to help self-managing landlords. If the landlord has the time and the attention to detail to manage their own rentals in a legal, effective…Read More
Should You Use a Property Management Company for Your Rental Property?
This article over on the QuickenLoans site has some great items to consider when deciding whether to use a Property Management Company or self-managing your rental property. The key is to remember that having a rental property is like having a business. You wouldn’t buy a business and expect it to preform well unless you…Read More
Best Practices in Leasing under Oregon Rent Control Laws
Recent law changes in Oregon have given tenants certain rights they did not previously have. The disruption to landlord practices is not the rent cap laws, but the restrictions to no-cause evictions. These laws have necessitated that landlords conform their practices to position themselves in the best possible position in dealing with tenants in…Read More