Preventing Common Rental Property Maintenance Issues with Regular Inspections
By Erlin Taylor Wednesday, November 20, 2024
Owning rental properties can be a rewarding investment, but it comes with the responsibility of ensuring the property is well-maintained to avoid costly repairs. Regular property inspections are essential for identifying small issues before they turn into major problems. This pro...
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Oregon’s rent control laws will allow for a 10% rent increase in 2025, marking a significant moment for both tenants and landlords. This change comes amidst rising inflation and housing shortages, prompting questions about its impact on the rental market. While the increase hel...
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Revolutionizing Resident Communication: How AI is Enhancing Property Management Efficiency
By Erlin Taylor Wednesday, November 6, 2024
In today’s fast-paced, tech-driven world, artificial intelligence (AI) is revolutionizing industries—and property management is no exception. AI-driven tools are transforming the way property managers interact with residents, offering faster, more efficient, and highl...
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Digital Marketing Strategies: How to Fill Vacancies Faster
By Erlin Taylor Tuesday, November 5, 2024
In today’s competitive rental market, filling vacancies quickly requires more than just listing your property. Landlords need to embrace digital marketing strategies to reach the right renters effectively. From optimizing property listings to utilizing social media, virtual tou...
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The Rise of Millennial Homeowners: How This Generation Is Shaping the Housing Market
By Erlin Taylor Wednesday, October 23, 2024
Millennials are now the largest group of homebuyers in the market, and their preferences are significantly impacting the housing industry. As this generation enters their peak homebuying years, they are driving demand for certain types of homes and influencing trends in how prope...
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Will Rising Rents Push More People to Homeownership?
By Erlin Taylor Tuesday, October 22, 2024
As rental prices are projected to increase in 2025 and 2026, many renters are reconsidering whether it makes sense to continue renting or take the leap into homeownership. This trend could significantly reshape the real estate landscape in the coming years, as the decision to ren...
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Winning the Battle Against Soaring Property Expenses
By Erlin Taylor Wednesday, October 9, 2024
As a homeowner, managing a rental property is both a significant investment and a responsibility. With rising costs across the board—ranging from insurance premiums to maintenance expenses—it's crucial to adopt effective strategies to manage these increased proper...
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Prices Rose in June But Rentals Are Slowing Down: What It Means for the Housing Market
By Erlin Taylor Tuesday, October 8, 2024
As we move further into 2024, a new trend is emerging in the rental market: while rental prices rose in June, the rate of new leases being signed is slowing down. This situation presents a mixed bag for both landlords and renters. Understanding the dynamics behind these shifts is...
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Mastering the Transition: Key Insights for Taking Over an Apartment Complex
By Erlin Taylor Friday, October 4, 2024
Taking over the management of an apartment complex from a previous company is a significant task that requires strategic planning and execution. A successful transition ensures tenant satisfaction, operational continuity, and the protection of property value. Here are five essent...
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Rental analysis is a critical process for landlords and real estate investors. It involves evaluating various elements to determine the optimal rental price for a property, which is crucial for maximizing income, attracting quality tenants, and staying competitive. Setting the ri...
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