Landlords

With the passage of SB 599, effective January 1, 2024, landlords are now required to allow child care in their rental homes: https://olis.oregonlegislature.gov/liz/2023R1/Downloads/MeasureDocument/SB599/Enrolled What I hope you may find reassuring is that your tenant can’t just open their door and watch however many children or babies they want under any circumstances. There are strict state…

The process of renting out a property involves more than just finding a tenant willing to pay the rent. It requires careful consideration and thorough assessment to ensure a mutually beneficial and secure landlord-tenant relationship. One of the key elements in this process is proper tenant screening. This crucial step plays a pivotal role in…

Owning and managing rental properties can be a rewarding venture, providing a steady income stream and potential long-term investment growth. However, with this opportunity comes the responsibility of maintaining the property and ensuring a safe and habitable living environment for tenants. One crucial aspect of effective property management is the regular inspection of rental units.…

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…

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…

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.…

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…

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…