Is Renting to Your Relatives A Good Idea? | Professional Portland Property Management Advice

By Michelle Wrege Friday, August 18, 2023

Thinking about renting a place to your cousin Bobby or your Aunt Sally? Not a great idea.Renting out a property to a family member or a friend can be a risky business. That’s our professional opinion. We’ve seen what can happen, and it isn’t pretty. Usually...

Building Wealth with Property Investments in Portland | Real Estate Investor Expertise

By Michelle Wrege Friday, August 11, 2023

Building wealth is a common long-term goal for real estate investors. It’s easy to get frustrated when you buy a property and it doesn’t seem to make you money in the first year or two. This is normal, and even though you cannot necessarily see the immediate cash flow...

Unexpected Costs of Owning Rental Property in Portland

By Michelle Wrege Friday, August 4, 2023

When you are working hard to effectively rent out a Portland investment property, you know that you have to budget for all the costs you expect, such as routine repairs and property taxes. Those fixed and variable costs during the leasing period and the tenancy can be planned bec...

How to Avoid Security Deposit Disputes with Your Tenants in Portland?

By Michelle Wrege Friday, July 28, 2023

Security deposits are tricky, especially in Portland, where there are several state and local laws surrounding these deposits that you need to follow. How can you be sure you won’t find yourself embroiled in a security deposit dispute with your Portland tenants who have mov...

Dangers of a Vacant Property in Portland

By Michelle Wrege Friday, July 21, 2023

What worries you most about your Portland rental property being vacant? If you’re like most property owners, you’re thinking about the loss of rent. That’s a tough consequence to deal with when it comes to an unoccupied property. There’s no money comi...

When Can You Expect to Break Even or See ROI for Your Portland Real Estate Investment?

By Michelle Wrege Friday, July 14, 2023

Are you earning money - or even breaking even on your Portland investment property? It doesn’t happen right away. Earning a profitable return on investment is important to all real estate investors, whether you’re renting out a single property or an entire p...

Will Charging a Higher Monthly Rent Mean More Income for You? | Portland Property Management

By Michelle Wrege Friday, July 7, 2023

Most real estate investors look for ways to earn the highest possible monthly rents. It makes sense. This is one of the main reasons you invest in rental property; to ensure your consistent and recurring monthly income is as much as you can earn. Maximizing what you earn in ...

Warning Signs that a Rental is Not a Good Portland Property Investment

By Michelle Wrege Friday, June 30, 2023

To invest successfully in Portland real estate, you have to buy the right property. How do you know that the rental home you’re buying will be a good investment? Typically, a good investment property is located in a desirable neighborhood, well-maintained and in good c...

What to Do If the Security Deposit Doesn’t Cover Tenant Damage? | Portland Property Management

By Michelle Wrege Friday, June 23, 2023

As a landlord in Portland, maintaining your property and providing a safe environment for the residents who rent your home is one of your top priorities. Even if you’ve screened your residents carefully and even if you have a respectful, professional relationship in place w...

Is Landlord Insurance All You Need to Fully Cover Your Portland Rental Property?

By Michelle Wrege Friday, June 16, 2023

When it’s time to think about protecting your Portland rental property, it is important that you do more than the bare minimum. The value of protecting your rental property cannot be overstated. Not only is it essential to maintain the integrity and condition of your i...