Property Management Blog

A top reason in hiring a professional property management company is to help limit your exposure and minimize the risk of owning a rental home.Why is it important to add my manager as additionally insured?Professional property management firms will require a property owner to add the management company as “additional insured to the ...

When the lease period is coming to an end and a tenant decides that they will move out of your property, they’re required to provide you with a notice to vacate.If you decide that you’re not going to offer a lease renewal to your tenant, you will be the party who sends a notice to vacate to your residents. You’ll also ha...

Portland property owners and their tenants aren’t restricted to existing within a traditional 12 month lease agreement all the time. Month to month leases also work well in some situations. It depends on what a tenant and an owner has planned for the future and how much flexibility they need. It also depends on tolerance for risk.Wh...

Most Portland lease agreements are 12 months long. This is standard throughout the country; tenants and landlords agree to the terms of the rental contract for a full year. At the end of the year, there may be a lease renewal of the same term, the tenants may decide to move out, or perhaps the landlord and the tenant will agree to a month...

Most Portland lease agreements last for a term of 12 months. They’re pretty straightforward. Our tenants have lived in the property for almost a year or maybe more, and when the lease expires we talk to the property owner, notify the tenant that the end of the lease is coming up, and move forward based on the decisions of both owner...

Tenant turnovers have a bad reputation. This is understandable; unless you have other plans for the home, most Portland rental property owners would rather keep a tenant in place and not disrupt the consistent rental income they’ve enjoyed throughout the lease period. While losing a tenant is never good for your cash flow, the ...

Like vacancy, many rental property owners in Portland want to avoid tenant turnover whenever they can. They know it will come with some disruption to their rental income, and it will also include costs for maintenance, repairs, potential upgrades, and possibly cleaning and landscaping. You’ll need to re-key the property and get it r...

Moving can be a stressful time for anyone. As tenants are leaving the Portland home they’ve been renting with us, they have a lot of personal details to attend to. We understand that, and we also expect our residents to review and comply with the requirements of our lease agreement. Cleaning is probably the last thing you&rsquo...

When your existing tenant provides you with notice that they’ll be vacating the unit instead of renewing their lease agreement, you have some immediate preparations to make. The turnover process allows us to transition between one tenant and another. It’s the period when we prepare your property for a new occupant and make sur...

When you work with a professional Portland property management company like our team at PropM, it’s easy to not think much about maintenance. You can relax, knowing that your property managers are taking care of all routine and emergency repairs that may be necessary. We’re the ones negotiating prices, communicating with tena...