3 Benefits of Hiring a Full Service Property Management Company
By Sean Kerr | MPM RPM Monday, May 22, 2023
Are you among the 10.6 million American investors who earn income from a rental property? If so, you know the complexities that come with the job.From advertising and tenant screening to maintenance coordination and rent collection, managing a property can be time-consuming and o...
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3 Things to Know About Rental Valuation in Portland, OR
By Sean Kerr | MPM RPM Monday, May 15, 2023
Did you know that rent should typically be set at around 0.8%-1.1% of the property's sale price?Sadly, in some cities, tenants are charged based on the square footage of the rental property? This practice has led to the rise of micro apartments where people live in small spac...
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3 Things to Know About Leasing Management in Portland, OR
By Sean Kerr | MPM RPM Monday, May 8, 2023
Demand for rentals in Portland continues to climb. The rental vacancy rate decreased to 6% in 2022. With high demand comes higher rent prices.These factors put you in a good position as a landlord. However, managing your rentals is complicated and time-consuming.Good leasing mana...
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Property Managers: 3 Tips for Choosing the Best Option in Portland
By Sean Kerr | MPM RPM Tuesday, April 25, 2023
Did you know the property management industry has grown steadily over the last five years, with over 296,000 active property management agencies registered in the US today? The industry is a booming success, even as housing prices fall, thanks to the value property managers bring...
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Homes for Rent in Portland: 3 Things You Should Know
By Sean Kerr | MPM RPM Tuesday, April 18, 2023
The rental market in Portland, Oregon has been consistently tight, making it challenging for tenants to find affordable and comfortable living spaces.According to a report by the Portland Housing Bureau, the city's vacancy rate for rental homes is at a low of 4.5%, which is b...
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Portland Real Estate Investing: How to Get Started
By Sean Kerr | MPM RPM Tuesday, April 11, 2023
Were you aware that close to 700,000 people live in Portland, Oregon?Portland is the perfect combination of being a vibrant city and a nature lover's haven. As more people discover the beauty of the Rose City, the population will keep on booming. If you've been thinking a...
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3 Tips for Choosing the Right Property Management Company in Portland
By Sean Kerr | MPM RPM Tuesday, April 4, 2023
On average, renters in the US pay $1,326 a month.Owning a rental property is a great way to generate income, but it can often involve a lot more work than people expect. Working with a property management company is an effective way to ensure you're getting a good income from...
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Your Guide to Lease Renewals: The Legal Mistakes You Need to Avoid
By Sean Kerr | MPM RPM Thursday, March 23, 2023
Earning income from a rental property is an exciting opportunity for an investor. After all, over 44 million Americans currently rent their homes. But it's not without problems once you're a landlord.However, there are plenty of ways you can protect your investment. One w...
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What Great Property Managers Do to Protect Their Client’s Money
By Sean Kerr | MPM RPM Thursday, March 16, 2023
Rental prices in Oregon rank ninth in the country, with an average monthly rental rate of $1,284. This presents a unique opportunity for those owning a rental property. However, they need to make smart financial decisions to make the most of their investment.Working with an exper...
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Finance First: Tips for Rental Property Accounting Records
By Sean Kerr | MPM RPM Thursday, March 9, 2023
Rental rates in Portland, OR, are up about 40% from 2021. This increase in rental rates could mean an increased income for rental property owners in Portland, OR. However, you won't know if you have an increased ROI without proper rental property accounting practices.These ti...
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