Blog

Timely Maintenance Surveys Save You Time and Money

By Erlin Taylor Friday, May 3, 2019

One of the biggest expenses that property owners face annually is maintaining their property. Having to fix issues that crop up over the year can take up valuable time and money that otherwise can be spent investing on your business.Performing timely maintenance surveys and fixi...

The Six Top Amenities you should add to your Rental Property to Make it More Attractive to Renters.

By Erlin Taylor Monday, January 7, 2019

You’re thinking about making some upgrades to your multifamily rental property to enhance its marketability in the competitive Portland market.illume Property Management is up on the trends regarding which amenities provide the biggest bang for your investment buck. Here ar...

Taking the Guesswork out of how Much to Charge for your Rental.

By Erlin Taylor Monday, November 26, 2018

When it comes to managing your property, determining what rent to charge can make or break your investment.Fortunately, Illume Property Management takes the guesswork out of this task. We’ve introduced a free rental analysis calculator on our website that takes these factor...

Residential Property Management Corner: Baby Boomers are Simplifying Their Life and Downsizing.

By Erlin Taylor Monday, November 12, 2018

One of the most recent trends in multi-family rental property management sees couples downsizing from their family home. For example, the National Multifamily Housing Council recently released a report indicating that baby boomers will be responsible for 60% of the increase in ap...

What Happens if there is an Emergency at my Rental Home?

By Erlin Taylor Thursday, August 18, 2016

If an emergency happens at the home or apartment you are renting, the first thing to do is make sure to get you and your family to safety! The safety and security of the residents in the home is our number one concern when dealing with an emergency situation.If the emergency situ...

Should You Professionally Stage a Residential Rental Property – Part Two

By Erlin Taylor Thursday, August 11, 2016

We started a conversation with Amy Troute of Inspired Interior Design last month about whether you should stage a residential rental property. Her advice was a resounding “yes” … click here to read that article. What other recommendations does Amy have to spruc...

Should You Professionally Stage a Residential Rental Property – Part One

By Erlin Taylor Monday, August 1, 2016

We hear a lot of talk about staging a property before it is put on the market for sale. Why? For the same reason sellers strive to improve curb appeal: it puts a special shine on the property, helping to put the proverbial best foot forward when a buyer crosses the threshold and...

Selling Your Investment Property: What You Should Know

By Erlin Taylor Wednesday, July 13, 2016

You’ve owned a nicely performing residential investment property for some time now: your resident tenants are stable, rent checks are delivered on time, and overall the property is physically in good shape. When you first adopted this investment strategy, did yo...

Residential Lease Security Deposits &Trust Accounts

By Erlin Taylor Thursday, June 16, 2016

Illume Property Management takes pride in serving as a trusted liaison between property owner and residents in all residential lease transactions. One way we achieve this is by preparing and tracking all required paperwork as well as the timely collection and documenta...

Portland Rental Rate Increase Rules: April 2016

By Erlin Taylor Friday, May 27, 2016

Increases in rental rates is on the minds of both landlords and residents here in Portland Oregon. The legal team at Illume Property Management has studied the rules carefully, and we wanted to share with everyone the language in effect for any increases in rent occurring o...