Pets Should Landlords Allow or Not Allow Them
“Do you accept pets?” is one of the most common questions a landlord will face. These four little words can instill fear in the hearts and minds of most landlords. Pets can cause damage to your rental property that most tenants would never be able to do on their own. We’re not talking about a…
Read MoreReady to Show your Oregon Rental Property to Prospective Tenants?
Exciting news! It’s time to show your Oregon rental property and find a tenant to move in and pay rent. You’re about ready to start making money on your investment and if you’ve spent weeks or even months preparing your home to rent, you should be really excited you’ve made it to this point. While…
Read MoreBackground Screening Potential Tenants For Your Oregon Rental Property
Looks Can Be Deceiving – The Importance of Applicant Background Screening If you own a rental property, chances are you fall into one of two groups – experienced investor or “unexpected landlord”. Right now, let’s focus on the latter – the “unexpected landlord.” What exactly does that mean? Unexpected landlords are those who aren’t in…
Read MoreFailure to Pay Rent on Time– Eviction Isn’t Always the First Answer
As a landlord you count on your tenants to pay rent on time. Many landlords count on rent to pay mortgages or bills. It is all part of their cash flow. But what happens when a tenant fails to pay rent? Not all failure to pay rent situations are malicious. There are several legitimate reasons…
Read MoreOregon Security Deposits 101 – What You Need to Know
If you are a first-time renter, you may be scratching your head and wondering what in the world is a security deposit. Most (if not all) leases require a tenant to pay a security deposit at the time of signing. It is important that you understand what a security deposit is, your rights when it…
Read MoreHigh Tenant Turnover and How to Avoid it
The return on investment, or ROI on a vacant rental is less than nothing. That is not exactly good news. High tenant turnover can be costly and time consuming. Not only do you probably count on rent payments to pay your own mortgage or bills, you also will find yourself in the position of frequent…
Read MoreEverything You Need to Know When a Tenant Requests an Early Termination in Oregon
You have a great tenant who pays rent on time. They take care of your property as if it were their own. Everything is going along fine and then boom! They request an early termination. “They can’t do that,” you say. “They’ve signed a legal document binding them to the terms!” While leases serve to…
Read MoreAmericans with Disabilities Act (ADA)and Rental Property What you need to know
In 1990, Congress passed The Americans with Disabilities Act (ADA). This legislation “prohibits discrimination against individuals with disabilities in all areas of public life, including jobs, schools, transportation and all public and private places that are open to the general public.” Housing is also included under the ADA, so as a landlord you need to…
Read More6 Reasons You Need A Property Manager To Maximize Your ROI In Oregon
If you have a property that generates income, you probably want to maximize your profits without too much wear and tear on the property itself. Finding the right tenants and keeping the property occupied and well-maintained can help you produce more income over a longer period of time.However, if you have a full-time day job,…
Read MoreIt’s Hot Out There Here Is a DIY Air Conditioner Hack
With the the heat expected to reach 110 degrees or more in the Portland area this weekend, this Air Conditioner hack could help make a room bearable for you. Watch this video all the way through as TKOR tests different design improvements. His final design around the nine minute mark results in a cooling temperature…
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