Property Management Blog

Wednesday, July 13, 2016

Selling Your Investment Property: What You Should Know
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 you establish an exit plan for yourself?  In other words,...

Thursday, June 16, 2016

Residential Lease Security Deposits &Trust Accounts
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 documentation of rent and security deposit receipts from the resident...

Friday, May 27, 2016

Portland Rental Rate Increase Rules: April 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 on or after April 14, 2016.  If a notice has been sent p...

Monday, May 16, 2016

Pets & Smoking in a Rental Property: When to Allow
Property owners are sometimes hesitant or confused about whether to allow pets or smoking in their home or apartment rentals. While their apprehension is definitely understandable, Illume Property Management does have advice to guide landlords in making these critical decisions, particularly as tenant candidates express their preference t...

Tuesday, April 26, 2016

Landlord & Residents: Answers to Top 6 Insurance Questions
Recently, we sat down with Ryan Coffman of Farmer’s Insurance, one of our preferred insurance vendor partners here in Portland, Oregon to talk about the distinctions between insurance products available to both landlords and tenants on rental properties.  We learned a lot from Ryan, and we wanted to share his answers to our...

Tuesday, April 12, 2016

Professional Strategies to Promote Your Rental Vacancy
Once you make the decision to rent your home or condo, it can be more challenging than you think when it comes to choosing who to trust with the tenant selection and overall property management, rental responsibilities and maintenance of your home. At A & G Rental Management we work to make it as quick and easy on both owners and...

Friday, April 8, 2016

Portland: 90-Day Rent Increase & Eviction Notice Rules
With Portland Oregon’s recent boom in population, resulting housing shortages and trending rental rate increases, the Portland City Council recently adopted important new rules which impact landlords, property managers and rental residents when it comes to handling rent increases or eviction notices.  Effective November 13...

Thursday, March 24, 2016

How to Choose a Commercial Property Management Firm
We wanted to take a few moments and tell you why Illume Property Management is a strong candidate to represent owners of single family to multi-tenant properties in Portland Oregon and the Northwest. We believe the credentials of a professional property management company being considered to handle your investment property should include ...

Friday, January 15, 2016

How to Deal with Late Rent & Evictions in Portland OR
Handling a tenant who has not paid rent can often lead to the unsavory task of processing an eviction. People always ask us what to do and who to call and how long the process takes, so we thought we’d tell you a little bit about what to expect if you have to evict a tenant.Review the Lease Terms:First, pull out the lease and check ...

Tuesday, August 11, 2015

Golf Client Appreciation
Golf Client Appreciation

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