By Sean Kerr | MPM RPM Thursday, September 21, 2023
A recent report shows that the Portland rental rate is slowing, with a current vacancy rate of 5.09%. Lower demand makes it even harder for landlords to find good tenants for their investment properties.Are you among those landlords looking for ideas to help your properties stand...
Read More
The Importance of Regular Rental Property Inspections in Portland, OR
By Sean Kerr | MPM RPM Thursday, September 14, 2023
At the pandemic's start, almost 37% of US households rented their home. This number shows that many Americans choose to rent rather than buy their own homes.This means owning an investment property can be an excellent way to bring in extra income. If the property is in good c...
Read More
The Portland, OR, Eviction Process: A Complete Guide
By Sean Kerr | MPM RPM Thursday, September 7, 2023
If you own investment properties, there's a high chance you'll need to evict a tenant eventually. In the United States, 16% of renters report being "very likely" to undergo eviction within the next month or two.Evicting tenants can become a nasty battle, so bein...
Read More
How to Run a Background Check for Apartment Rentals in Portland, OR
By Sean Kerr | MPM RPM Sunday, August 27, 2023
Have you heard that the background check services industry is worth $4.3 billion?Landlords need to conduct a thorough background check on potential tenants. This helps them choose responsible and reliable renters.Are you new to the screening process? Read on for a breakdown of ho...
Read More
Tracking KPIs on Your Rental Property Income Statement
By Sean Kerr | MPM RPM Sunday, August 20, 2023
Investing in rental properties can be a lucrative enterprise. To ensure long-term success, you must manage your investments using a data-driven approach.Monitoring key performance indicators (KPIs) in your rental property income statement can help you track the financial health o...
Read More
Staying Ahead of Your Competitors Creative Real Estate Ads
By Sean Kerr | MPM RPM Sunday, August 13, 2023
The real estate market is very competitive and producing creative real estate ads is one of the best ways to stay ahead of your competition.Potential buyers and renters use their mobile devices all the time to find online listings. They are constantly bombarded with property list...
Read More
What to Look For in Great Building Maintenance Services
By Sean Kerr | MPM RPM Sunday, August 6, 2023
The inflation rate in June 2023 slowed to 3%. But even with inflation slowing somewhat, rental property prices continue to rise. Rising rent is good for landlords, but inflation also affects your costs.Even though costs are going up, caring for your properties is vital. If you...
Read More
Legal and Option Tenant Maintenance Responsibilities
By Sean Kerr | MPM RPM Sunday, July 30, 2023
Property investment owners around the country have enjoyed increased rental rates. That's in part because more people are getting priced out of the home-buying market.Landlord duties require them to stay on top of rental property maintenance. Many owners rely on property mana...
Read More
Being a landlord can be a lot of responsibility. You are responsible for all of the issues in your rental building on top of all the tenants in that building.Nevertheless, individual investors own nearly 20 million rental units in this country.However, that does not mean that the...
Read More
What Are Typical Rental Property Application Fees in Portland, OR?
By Sean Kerr | MPM RPM Sunday, July 16, 2023
Did you know that the average Portlander must earn over $101,000 yearly to afford rent?Aside from rent, rental property application fees in Portland, Oregon, vary depending on diverse factors.A few things are worth considering when charging tenants for rental property application...
Read More