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Property Management Blog

Friday, December 25, 2020

Responsibilities of Property Managers before Turning the Property Back Over to the Owner
Property Management Blog
When you are ready to cancel your management agreement and take possession of your rental property back from your property manager, you can expect a few things to happen.First, make sure communication is open, transparent, and responsive. There’s likely to be a lot of back and forth between you and your management company. In order...

Friday, December 18, 2020

Terminating a Management Agreement Explained by a Portland Property Manager
Property Management Blog
There are many reasons that you may decide to terminate a management agreement with your property management team at PropM, Inc. We hate to lose you as a client, but we understand that things happen.Maybe you are selling your Portland rental property or maybe you are moving back into your house and you won’t need to have it leased o...

Friday, December 11, 2020

Simple Rental Property Upgrades to Maximize Rent Rates
Property Management Blog
When we talk about maximizing your rental rates and getting your Portland rental property leased quickly to a well-qualified tenant, it’s impossible not to mention upgrades and updates. Modern, well-maintained homes will earn more rent than those that are older, deteriorating, and full of deferred maintenance issues.If you want to m...

Friday, December 4, 2020

How Your Property Manager Can Help Determine the Rent Price for Your Investment Property
Property Management Blog
Working with a Portland property management company can have a big impact on how quickly you rent out your property and how much you earn on it. Smart investors know that trying to gather good data on their own is nearly impossible. You can go on sites like Zillow and Zumper to get an idea of what homes in the local market are listed for,...

Friday, November 27, 2020

Tips on How to Set Achievable Rental Property Goals
Property Management Blog
Real estate investors have specific goals and they often set precise targets for what will look like success. Whether you’re a new landlord or an experienced property owner, those investment goals are critical to the way you acquire, lease, and manage homes. However, the goals have to be achievable. They have to make sense for the m...

Friday, November 20, 2020

Renting Out My Portland Residential Property at the Right Price
Property Management Blog
There are two questions that most rental property owners have at the beginning of the leasing process:How much can I rent my home for?How long will it take to rent out my property?These are common questions, and they’re also important questions. The amount you charge and the speed with which you lease your property to a well-qualifi...

Friday, October 23, 2020

How to Bypass Lease Breaking Costs: Portland Property Management
Property Management Blog
As you know, breaking your lease will cost you money. When you signed your lease agreement, you agreed to pay your rent for the full term. We understand that sometimes good tenants have to leave their homes. Maybe you’re moving out of state for a job or school. Perhaps you’ve bought a home. Or, maybe you’ve fallen on dif...

Friday, October 16, 2020

Finding Another Tenant to Take On Your Lease: Portland Property Management
Property Management Blog
When you have to break your lease, you might have someone in mind to take over the lease and move into your property.This can be beneficial to both landlords and tenants, and under the right circumstances, it can work out very well. Not only will you save some money on lease break fees and other penalties, you’ll also save us time o...

Friday, October 9, 2020

Understanding the Costs that Come with Breaking a Lease
Property Management Blog
Breaking a lease is difficult and in many cases, expensive. When you enter into a lease agreement, you’re promising to pay the rent for the entirety of the lease period. That means if you move out of your home in month seven of a one-year lease, you’re technically still responsible for the rental payments during months eight t...

Friday, October 2, 2020

Breaking a Lease Doesn’t Have to Be Scary for Residents Living in Portland
Property Management Blog
Breaking a lease is unfortunate, and many tenants worry about what that will mean for their contractual obligations. While we don’t encourage lease breaks, we don’t want you to be afraid of them, either.We always expect our residents to fulfill the term and the requirements laid out in the lease agreement, but we’re also...

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