The average monthly rent of a rental property in Oregon is $1,284. Yet, finding tenants is never an issue for landlords.Keeping your units occupied is important for your business budget. But you can end up with some bad tenants.Bad tenants might not pay their rent. They might als...
Read More
How Much Money Do You Need to Invest in Portland Real Estate?
By Sean Kerr | MPM RPM Monday, June 19, 2023
Did you know house flipping across the U.S. accounts for 8% of home sales? While that may not seem significant, it equates to over 400,000 homes.Have you ever wondered how much money you would need to start investing in Portland real estate? This is a common question, and the ans...
Read More
As of 2022, the vacancy rate of rental properties in Oregon was 4.1%, which is low. This means that landlords can easily find tenants for their rental units.Finding tenants is a critical part of owning rental properties. But learning how to be a good landlord is also important.Be...
Read More
Did you know that in 25 states, including ones like Florida and Texas, there are no limits on security deposits? As a savvy landlord, understanding the ins and outs of handling a rental security deposit is the key to smoothly managing your rental business.This guide will equip yo...
Read More
Are you considering renting out your Portland real estate? Knowing where to begin with this process can feel overwhelming, especially when you hear terms such as 'owner disbursements.' So, what's the secret to mastering these details fast?There are over 20 million ren...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More