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...

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...

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...

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...

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...

How to Manage the Stress of Being a Landlord

By Sean Kerr | MPM RPM Sunday, July 23, 2023

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...

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...

How Do You Calculate Prorated Rent?

By Sean Kerr | MPM RPM Sunday, July 9, 2023

As a dedicated landlord or property owner, ensuring a smooth and equitable rental process is a top priority. Among the many aspects to consider, calculating prorated rent holds great significance.At Kerr Properties, we understand the importance of fair rent distribution and striv...

How Should a Landlord Handle Noise Complaints?

By Sean Kerr | MPM RPM Monday, June 26, 2023

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...

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...

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