By Fred Marlow
PORTLAND Ore. – Can your Portland Oregon Rental Property be classified as a “problem property”?
If you can answer yes to this question, this article will provide you with simple tips you can use to turn around that problem property and get it back on the right track.
Step 1 – Improve Your Portland Oregon Rental Property
One of the biggest reasons why a rental can quickly turn into a problem property is because it’s fallen into a state of disrepair over the years.
To get your Portland Rental back on track take at least one weekend to do a complete cleanup of the inside and outside of your property then take an inventory of everything home which might be broken or in a state of disrepair.
After you’ve taken inventory you should call a contractor or maintenance person to get those areas of your rental property repaired immediately.
Step 2 – Review Your Tenant Screening Plan
Another reason why your Portland Oregon Rental Property could be a problem property is because you’ve been renting to the wrong people and haven’t been properly screening potential renters each time.
Are you doing a complete background check, credit check and personal reference check with each potential renter?
Doing so will ultimately lower your vacancy rate and insure that you rent to higher quality tenants each time.
An average eviction costs about $1,700 so it really pays to do a thorough check of each potential renter before making a decision to rent to them since this could help you to spot patterns in their past behavior which could be an indicator of what they might be like in the future.
Step 3 – Check Your Online Reputation
Have you checked your reputation online lately?
Spending 10 minutes each month to check your reputation online will help you to know without a doubt what’s being said about you, especially on websites like Yelp where people go to post reviews about local businesses.
Step 4 – Hire a Portland Property Management Company
Last of all, but most important, one of the best things you can do to get a problem Portland Oregon Rental Property back on track is to hire a qualified property management company.
At Property Management Systems we have the skills and the team you need to insure that your property is professionally managed each month by people who want to help you get the most ROI from your rental.
Contact us today to learn more by calling (503) 515-3170 or CLICK HERE.