Top Tips When Buying Investment Property in Portland
Investing in a rental property is an excellent way to build wealth and create a steady stream of income. Portland, Oregon, with its unique mix of urban charm, progressive values, and a growing population, has become an attractive market for real estate investors. Whether you’re a seasoned investor or just starting, knowing the local market…
Read MorePortland Real Estate Market Update September 2024
New ListingsNew listings in the Portland Real Estate Market (2,589) decreased 4.6% from the 2,713 listed in September 2023, and decreased 3.0% from the 2,669 listed in August 2024. Pending SalesPending sales (2,076) increased 14.8% from the 1,809 offers accepted in September 2023, and increased 1.2% from the 2,052 offers accepted in August 2024. Closed…
Read MoreTop 4 Bogus Fees Property Managers Charge You
Hello Folks, James White here from Blue Roof Property Management. I want to talk to you a minute about bogus fees. It’s a real pet peeve of mine, so let’s go ahead and dig into what other Property Managers are charging you. You know my father used to tell me all the time about nickel…
Read MoreEnding a Tenancy – What Oregon Landlords Need to Know
Ending a Tenancy – What Oregon Landlords Need to Know *not including the City of Portland, that is a discussion for another time First Year: Is the term or month to month occupancy inside the first year? You can issue a proper Notice of Termination without cause. Beyond First Year: After the first year of…
Read MoreSeasonal Maintenance – Furnace Filters – Smoke and Co2
The Rental Agreement requires all residents to complete the following furnace filter replacement and of course verify your detection equipment will function in the event of fire or presence of Co2. After all, we want all residents to be safe and comfortable in their home. At a minimum you must replace the furnace filters and…
Read MoreProperty Management Fees – The Real Cost in Oregon
Hello I’m James White here with Blue Roof Property Management. I’m here today to talk about the cost of doing business with a Property Management company in the Portland Oregon metro area. One of the first questions I get when a prospective property owner gives me a call, “How much do you charge?” Valid question,…
Read MoreFreezing Weather Event and Water Pipes in Oregon 01/12/2024
As you are likely aware, an Artic event is approaching with potential snow. Here are a few things to protect your water source from freezing, or worse burst pipes. We want to be sure you maintain water through this and other weather events. Below are some instructions and tips to keep your water flowing. Please…
Read MoreOregon Senate Bill 599 Family Child Care and Rental Homes
Oregon Senate Bill 599 takes affect on January 1, 2024. The bill makes an attempt to add additional child care options for Oregon families. With limited exceptions landlords will be required to allow child care in their rental properties. Oregon is experiencing a shortage of child care options available to families in need of before/after…
Read More7 Tips To Market and Rent Your Oregon Rental Property
1. Take Great Photos. Take photos of every room so prospective tenants can get an idea of the space and layout. In addition, take a quick video walking through the home as you would if you were giving an in-person tour. Pro Tip: Create a 360 degree walk through tour. Photo/prep tips: By giving people a…
Read MoreDO YOU INSPECT YOUR PROPERTIES?
Regular Interior Inspections are very important for many reasons. None more important than to find safety violations. Today during a yearly interior inspection our team member found a burnt GFI outlet. We questioned the resident and they didn’t know it was a problem. They just noticed some plugs didn’t work and they had to reset…
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