Skip to main content

Blog

Blog Post Every Dollar of Rent Has Meaning to Rental Property Owners

Every Dollar of Rent Has Meaning to Rental Property Owners

By Erlin Taylor Wednesday, August 12, 2020
Rental property owners in the age of the COVID-19 pandemic face pressures that did not exist just a few months ago. Many of their tenants have either lost their jobs or seen their hours reduced, affecting their incomes greatly. Governments have implemented rent forbearance requir...
Read More
Blog Post Rental Property Owners: Pros and Cons of Portland’s New Rental Security Deposit Rules

Rental Property Owners: Pros and Cons of Portland’s New Rental Security Deposit Rules

By Erlin Taylor Wednesday, July 29, 2020
The City of Portland recently passed the FAIR (Fair Access in Renting) Act, which included revisions to rental security deposit rules on rentals within the city limits. The new ordinance governs how much landlords can collect for tenant security deposits and how those f...
Read More
Blog Post Reassess Rent Rates to Account for COVID-19 Impact

Reassess Rent Rates to Account for COVID-19 Impact

By Erlin Taylor Wednesday, July 15, 2020
With the Portland rental market in flux thanks to new city ordinances and the impact of the COVID-19 pandemic, now may not seem like the right time to reassess how much rent to charge on your rental property investment. However, with unemployment in Oregon reaching a record 14.2%...
Read More
Blog Post How to Proceed with Violations and Evictions During COVID-19 Crisis

How to Proceed with Violations and Evictions During COVID-19 Crisis

By Erlin Taylor Friday, June 12, 2020
The information provided on this website does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this site are for general informational purposes only. The rental property investment industry has gone through unpre...
Read More
Blog Post Keep your rental property in its best shape with these 4 tips

Keep your rental property in its best shape with these 4 tips

By Erlin Taylor Monday, February 24, 2020
A rental property is a great investment because it both appreciates in value and generates monthly revenue. However, that’s not to say that owning a rental property isn’t a lot of work. Without the right maintenance and upkeep, you’ll find that repair costs eat ...
Read More
Blog Post Here are the 5 most cost-effective ways to increase your rental’s value

Here are the 5 most cost-effective ways to increase your rental’s value

By Erlin Taylor Monday, February 10, 2020
If you own a rental property, you should take a serious look at investing in it this year. By putting some of your revenue back into the property, you can both boost its value and make it more attractive to prospective renters at a higher rent. In this article, we’ll discus...
Read More
Blog Post First Time Being a Landlord? 5 Renting Tips to Consider

First Time Being a Landlord? 5 Renting Tips to Consider

By Erlin Taylor Monday, February 3, 2020
Know when you’re in over your headThis is arguably the most common mistake new property owners make with their rental. With such a thin line between profit and breaking even in most months, there’s a strong temptation to take on complex repairs yourself. More often th...
Read More
Blog Post Top Benefits of Hiring a Professional Property Management Company

Top Benefits of Hiring a Professional Property Management Company

By Erlin Taylor Monday, October 14, 2019
Congratulations! You just purchased a rental property. Now, you’re wondering whether hiring a property manager to handle your rental makes sense. Entrusting your property to an experienced manager means letting them take the day-to-day stress off your shoulders, allowing y...
Read More
Blog Post Mitigate Your Landlord Liability Issues

Mitigate Your Landlord Liability Issues

By Erlin Taylor Monday, September 30, 2019
Landlord liability issues come with the territory of property ownership. We at illume Property Management stay up to date with real estate and rental law to minimize your risks so that you can concentrate on reaping the rewards. Here are some common landlord liability issues that...
Read More
Blog Post 5 Tips for Retaining Your Best Residents

5 Tips for Retaining Your Best Residents

By Erlin Taylor Monday, September 23, 2019
Resident retention is an important component of successful property management. The cost of replacing quality residents can run up to five times (or more) the cost of keeping them – think advertising, cleaning, and lost revenue from an empty unit – and a long-time re...
Read More

Showing 181- 190 of 222