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Are you planning on buying single-family real estate in Portland or elsewhere in the United States during 2019? If so, you’re making a smart choice! Most analysts agree that single-family real estate still is one of the best investments in 2019 especially after the Millennium Trust survey which showed that roughly 73% of high net worth investors in the United States favored investing in single family homes vs. multifamily or other investments? About the Millennium Trust Survey Most of us in the property management field already know that, despite occasional risks and business challenges, single-family rentals are good investments. But
It doesn’t matter if you’re a landlord in Portland Oregon or elsewhere in the United States, one thing we can all agree on is that the rental market is changing. What was common 20 years ago isn’t common today and it’s not uncommon for landlords to be renting to everyone from 18 year old’s to 72 year old’s. In this article we will break down some of the ways that the rental market has changed and provide you with insight into who you should be renting to in 2019 and beyond. Renters In the 1990’s Vs. Today If уоu thоught
If you own rental properties in Portland Oregon, or elsewhere in the United States, you know that property maintenance can become a burden especially if you’re managing your rental properties yourself. It doesn’t matter if you go out to your properties only once a week, bi-weekly or monthly, the time that you’re spending managing your rental properties yourself could be used elsewhere on other tasks like growing your portfolio of rental properties. What’s the solution to the problem? Hire a property manager to professionally manage your portfolio of rental properties for you. In this article we will share with you
If you ask any real estate investor they will often agree that investing in multifamily rental properties is one of the keys to building wealth because as Grant Cardone once said “more doors equals more money” but should you be concerned about cost segregation when you invest in multifamily rental properties? The answer is yes. What Are The Benefits Of Cost Segregation? Cost segregation is a tax planning strategy that accelerates the depreciation of certain components of properties. For real estate investors, benefits include reducing their current tax liability, which results in upfront cash flow. Without cost segregation, multifamily rentals are
2019 is shaping up to be another solid year for real estate investors because mortgage interest rates still continue to remain low at 4.125%, while demand for rental properties remains high especially in the PDX area. If you’re planning on growing your portfolio of rental properties in 2019 this article will provide you with effective tips you can use for adding more rentals to your real estate investment portfolio. Grow Your Portfolio Of Rental Properties Using Warren Buffett’s Snowball Technique If you’re familiar with Warren Buffet, founder of Berkshire Hathaway (net worth of over $72 billion dollars), you most likely
There’s no doubt that the Portland Oregon Rental market is always changing along with the local real estate market but the BIG question is should you continue buying single family rental properties in Portland during 2019 or focus on multifamily, commercial or other rentals? The answer to this question is yes, single family rentals will continue to be an excellent addition to your portfolio of Portland Oregon rentals in 2019 especially for these reasons. 1. Higher Rent Payments You can rent a house for much more money than an apartment. The other side of that is apartment buildings generate multiple
Fact: In 2019 more owners than ever before are marketing their Portland Rental Properties online because just about everyone these days has a mobile phone and is searching for rentals online first instead of searching newspapers or other means like they may have in the past. Sadly, many landlords fail big time when it comes to marketing their properties online because they are either using old pictures of their properties which were taken years ago, or they are publishing rental listings that people are hard to read. If you want to successfully market your listings online you have to write
Arе уоu interested in іnvеѕtіng in multіfаmіlу іnvеѕtmеnt рrореrtіеѕ? If so, the kеу to ѕuссеѕѕ wіth investing іn thеѕе tуреѕ of рrореrtіеѕ all comes down tо ассеѕѕіng thеіr value. In this аrtісlе, wе wіll ѕhаrе with you ѕеvеrаl tірѕ you саn uѕе fоr ассеѕѕіng the vаluе of multіfаmіlу іnvеѕtmеnt properties. A Basic Fоrmulа for Accessing Multі-Fаmіlу Investment Prореrtіеѕ Onе оf the еаѕіеѕt wауѕ tо ассеѕѕ thе value оf a роtеntіаl investment рrореrtу is bу compiling thе fоllоwіng information. • Tаxеѕ • Inѕurаnсе • Vасаnсу rаtеѕ • Pоѕѕіblе repairs аnd рrореrtу rеnоvаtіоnѕ that are nееdеd • Liens оn thе рrореrtу •
One of the keys to success with being a landlord in Portland Oregon, or elsewhere in the United states, is effectively handling move-ins and move-outs at your rental Property. Sadly, many owners manage this process incorrectly and are left with tons of problems especially when they need to take more of their tenants deposit to repair damages that they made to the rental property. To avoid problems with move-ins and move-outs in the future, this article will provide you with tips for navigating this process. How To Effectively Handle Move-Ins On the day that your tenant has scheduled to move
Are you considering hiring a Portland Oregon Property Management company to professionally manage one or all of your area rental properties? If so, you’ve come to the right place! At Property Management Systems we specialize in full service property management and can save you the time, money or hassle of managing your rental properties yourself. It doesn’t matter if you own one or many rental properties, managing those Portland Oregon Rentals takes time. Thankfully, with our Portland Oregon Property Management team managing your rentals for you, you can start enjoying your life again without the hassle of your rental properties
Cаѕh for Kеуѕ іѕ a соntrоvеrѕіаl рrосеѕѕ debated often іn lаndlоrd сіrсlеѕ, but something wе LOVE and uѕе. Cash for Kеуѕ is thе strategy оf giving уоur tеnаntѕ mоnеу tо lеаvе the property, аvоіdіng thе eviction process аltоgеthеr. Wе hаvе uѕеd this technique ѕеvеrаl tіmеѕ оvеr thе раѕt fеw years аnd found grеаt ѕuссеѕѕ. Hоwеvеr, bеfоrе thrоwіng money at your tеnаnt, lеt’ѕ tаlk аbоut thе specifics. Thе thеоrу behind Cash fоr Kеуѕ is ѕіmрlе: Gіvіng thе tenant money to leave іѕ сhеареr than paying аn аttоrnеу for аn еvісtіоn. Thіnk аbоut іt: Evicting a tenant wіll likely tаkе a mоnth
After California’s failure to pass Proposition 10, their rent control measure, it appears that the State of Oregon is close to passing it’s own rent control legislation that would protect tenants in Oregon from continued rent increases like what we’ve seen over the last five years. What To Expect From Rent Control In Oregon Oregon rent increases could be capped at 7 percent, plus inflation, under landmark tenant legislation to be considered this session by the Legislature. A document obtained by WW, which includes concepts for the legislation, also contains what may be a more significant provision: Banning no-cause eviction notices after the