Oregon Update Governor Kate Brown issues a 90 day moratorium on residential evictions. Details will be provided as the executive order becomes available. Forbearance for Multi-Family Mortgages The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac, the Enterprises will offer mortgage forbearance for multifamily property owners, under the condition that…

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State of Oregon On March 8, 2020 Governor Brown declared a state of emergency due to COVID-19 The Oregon Judicial Department issued an order imposing “Level 3” restrictions on all court operations through March 27, 2020 with the possibility of extensions. The order addresses all FED proceedings in the following ways: All first appearances for…

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Blue Roof Property Management We have initiated protocols to protect our residents, our vendors and ourselves from exposure. Our office is virtually capable and we are operating with limited disruption to service. With guidance from the CDC, Oregon Health Authority, our Housing Associations and peers should help to alleviate exposure and the spread of COVID-19.…

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A Better Way … For 2020 we have simplified the amount and the way we pay our Realtor partners for their Property Management Referrals. Previously, we had a complex formula that was hard to calculate, track and pay out. Sure it resulted in a nice sum of cash, but it was paid out over time.…

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It’s hard to listen to today’s news without hearing about the uncertainty surrounding global markets, the spread of the coronavirus, and tensions in the Middle East, just to name a few. These concerns have caused some to question their investment plans going forward. As an example, in Vanguard’s Global Outlook for 2020, the fund explains,…

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Begin with a positive experience. Start out on a positive note by making sure everything is transparent and communicated to all new tenants. Encourage tenants to communicate with you and your and staff. Make sure the tenant has all the appropriate contact information and knows to contact you with any problems or concerns. Complete maintenance…

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You’ll find detailed information in this video about Federal and State Opportunity Zone investing. On May 17, 2019, at the REALTORS Legislative Meetings & Trade Expo, NAR hosted a discussion on planning for opportunity zone (OZs) investments. The focus of the discussion centered around the question of how the REALTOR® community can engage in efforts…

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Springtime is here and there is no better time to get your investment property in shape for better weather, and the Spring/Summer leasing season. These ten tips range from general maintenance, clean up and deferred maintenance. One aspect hard to ignore addresses tenant satisfaction. When tenants know there’s a responsive owner or property manager they…

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